Physio-Control
 | |
| Industry | Medical equipment |
|---|---|
| Headquarters | Redmond, WA, U.S. |
Key people | Brian Webster, Chairman, President and CEO |
| Products | Medical equipment for use in prehospital, hospital emergency and military settings in treatment of cardiac emergencies. |
| Website | www.physio-control.com |
Physio-Control Corporation was founded in 1955 by Dr. Karl William Edmark as a manufacturer and distributor of emergency defibrillation and automated CPR equipment.
History
- 1955 - Founded by Dr. Karl William Edmark
- 1980 - Acquired by Eli Lilly and Company[1]
- 1994 - Acquired by Bain Capital
- 1998 - Acquired by Medtronic for $538 million. [2]
- 2006 - Medtronic announces Physio-Control's spin-off. [3]
- 2011 - Company taken private in 2011 via a $487 million acquisition by Bain Capital.[4]
- 2016 – Stryker Announces Definitive Agreement to Acquire Physio-Control International, Inc. for $1.28 Billion [5]
Products
The company's products are primarily for the emergency treatment of Sudden Cardiac Arrest (SCA) Events. The LIFEPAK line of defibrillators includes both advanced units for ACLS trained personnel, as well as Automated External Defibrilators (AEDs) for use by First Responders and the general public. Additionally, the company produces an automated chest compression system called the LUCAS 2. While this system may be used in the field, it has also been used in the hospital setting to prolong human life while surgical or other procedures are accomplished.[6]
References
- ↑ "Physio-Control International Corp. History". fundinguniverse.com. Retrieved August 20, 2013.
- ↑ "Medtronic to Acquire Physio-Control". latimes.com. Retrieved November 21, 2013.
- ↑ http://www.xconomy.com/seattle/2011/11/17/physio-control-breaks-away-from-medtronic-via-487m-acquisition-by-bain-capital/
- ↑ Luke Timmerman (November 17, 2011). "Physio-Control Breaks Away From Medtronic, Via $487M Acquisition by Bain Capital". xconomy.com. Retrieved August 20, 2013.
- ↑ "Stryker Announces Definitive Agreement to Acquire Physio-Control International, Inc. for $1.28 Billion" (PDF). Physio-Control Newsroom. 16 February 2016. Retrieved 16 February 2016.
- ↑ Carissa Loethen (August 20, 2013). "Woman revived after 42 Minutes 'clinically dead'". Austin360.com. Retrieved August 20, 2013.
External links
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