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Alere Inc. was a global manufacturer of rapid point-of-care diagnostic tests.The company was founded in 1991 and was headquartered in Waltham, Massachusetts. [2] [3] As of January 2017, the company had a market capitalization of $3.47 billion with an enterprise value of $5.9 billion. [1]
Terumo Penpol, the company's subsidiary in Trivandrum, India is the largest manufacturer of blood bags in India and supplies it to over 82 countries. [5] A medical device facility called Terumo BCT is located in Denver suburb of Lakewood, Colorado, and as of 2018, has been open and operating for over 20 years. [6]
LifeScan was established in 1981. [3] It was acquired by Johnson & Johnson (J&J) in 1986, [2] [4] and in June 2018, J&J agreed to sell LifeScan to Platinum Equity as part of its strategic exit from the diabetes device market, accepting an offer originally tendered in March 2018. [1]
Newmed, S.r.L, Quattro Castella, Italy- tabletop sterilization products and accessories for the medical, dental, and animal health markets [16] Schroer Manufacturing Company (Shor-Line) animal health equipment manufacturer. Kansas City, Kansas [17] In 2010, Midmark acquired the majority equity position in Janak Healthcare Private Limited. [10]
On February 15, 2013, it was announced that Liberty Medical Supply had filed for Chapter 11 bankruptcy protection, citing assets and liabilities of between $100 million and $500 million in the United States Bankruptcy Court for the District of Delaware. [16] In 2017, Liberty Medical laid off 263 employees from their Port St. Lucie Office. [17]
Invacare Corporation is an American manufacturer and distributor of non-acute medical equipment including wheelchairs, mobility scooters, walkers, pressure care and positioning, as well as respiratory products. [2] Headquartered in Elyria, Ohio, the company currently distributes its product to more than 80 countries around the world. [1]
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