Severely ill COVID-19 patients may need multiple medications delivered by infusion pumps. Manufacturers and hospitals are planning on how to avoid shortages of these pumps and the associated tubing. You’ve likely seen the videos of ICU hallways lined with medical devices that would normally be in patient rooms. Among them are machines that are ubiquitous […]
ICU Medical appoints new CFO
ICU Medical (NSDQ:ICUI) this week said it appointed Brian Bonnell as chief financial officer, effective March 3. Bonnell replaces Scott Lamb who announced his intent to retire after filing the company’s annual report. Lamb will continue to serve as an advisor to the company during a transition period ending April 3. Bonnell has served as ICU […]
ICU Medical posts wider-than-forecast losses in Q4 results
ICU Medical (NSDQ:ICUI) posted fourth-quarter results today that beat the revenue consensus on Wall Street but missed on earnings. The San Clemente, Calif.-based company reported profits of $20.6 million, or 96¢ per share, on sales of $315.5 million for the three months ended Dec. 31, 2019, for a bottom-line sales loss of -7.3% compared with Q4 […]
ICU Medical posts Street-beating Q3 results
ICU Medical (NSDQ:ICUI) posted third-quarter results today that beat the consensus on Wall Street. The San Clemente, Calif.-based company reported profits of $26.6 million, or $1.24 per share, on sales of $307.5 million for the three months ended Sept. 30, 2019, for a bottom-line gain of 12046.1% sales loss of -6% compared with Q3 2018. Adjusted […]
ICU Medical to acquire Pursuit Vascular
ICU Medical (NSDQ:ICUI) ICU Medical today said it will acquire Pursuit Vascular for $75 million. Through the definitive agreement, ICU Medical will have additional earnout payment potentially due in 2021. “ICU Medical has always been deeply focused on improving patient safety and creating the best workflow for clinicians. The ClearGuard HD is natural extension of our […]
ICU Medical recalls infusion sets
ICU Medical (NSDQ:ICUI) said today that it is recalling certain lots of its Plum and Sapphire microbore infusion sets with inline filters due to the potential for small amounts of fluid to leak from the filters’ air vents. San Clemente, Calif.-based ICU Medical said it is not aware of adverse events related to the problem, […]
How the Eitan Group aims to disrupt the infusion pump industry
Privately held Eitan Group wants to bring more infusion pumps into people’s homes. Can it compete against the established players? Officials at the Eitan Group want to disrupt the infusion pump market by selling devices that are more connected and software-based — able to be used not only in hospitals but in the home. Eitan is […]
