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Home » Zoll Medical lands Defense Dept. medical device contract worth up to $210M

Zoll Medical lands Defense Dept. medical device contract worth up to $210M

September 4, 2013 By Arezu Sarvestani

Zoll Medical lands Defense Dept. medical device contract worth up to $210M

Massachusetts-based Asahi Kasei (TYO:3407) subsidiary Zoll Medical landed a Defense Dept. contract worth up to $210 million, providing defibrillators, monitors, warmers and infusers to multiple divisions of the U.S. armed forces.

Zoll beat out 29 other bidders for the contract, according to a DoD report. The 5-year base, economic price-adjustable contract, funded by 2014 defense working capital funds, will help provide medical technologies to the Army, Navy, Air Force, Marine Corps and federal civilian agencies

The DoD has in recent weeks handed out a few high-value contracts to medical device makers, including 2 contracts worth a potential $63.3 million for Philips Healthcare (NYSE:PHG) and a $9.6 million deal with Johnson & Johnson (NYSE:JNJ).

Last month the defense agency also announced a $13.5 million dental devices contract with Dentsply International (NSDQ:XRAY), a 1-year $85 million hip and knee products contract with Stryker (NYSE:SYK) and a $12 million radiological system contract extension with NeuroLogica Corp. 

Filed Under: Funding Roundup, News Well Tagged With: Deals Roundup, defensedepartment, Zoll Medical

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