Medical Tubing and Extrusion

Medical tubing and extrusion technologies

ICU Medical

ICU Medical beats The Street in Q1

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ICU Medical (Nasdaq:ICUI) reported first-quarter results that came in ahead of the consensus earnings per share forecast. The San Clemente, California-based company posted losses of $38.1 million, or $1.61 per share, on sales of $543.1 million for the three months ended March 31, 2022, for a bottom-line slide into the red on sales growth of … [Read more...] about ICU Medical beats The Street in Q1

ICU Medical completes $2.35B purchase of Smiths Medical

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ICU Medical (NASDAQ:ICUI) recently announced that it has completed its $2.35 billion acquisition of Smiths Medical from the Smiths Group. Smiths Medical's business includes syringe and ambulatory infusion devices, vascular access, and vital care products. The merger creates an infusion therapy company with estimated annual revenues of roughly … [Read more...] about ICU Medical completes $2.35B purchase of Smiths Medical

ICU Medical’s Smiths Medical acquisition remains on track

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ICU Medical (NASDAQ:ICUI) is a step closer to acquiring Smiths Medical after clearing a shareholders vote at Smiths' British parent company, the Smiths Group. Almost all of the nearly 327 million Smiths Group shareholders voting on November 17 approved the $2.35 billion buy. Run out of the Minneapolis area, Smiths Medical’s business brings in … [Read more...] about ICU Medical’s Smiths Medical acquisition remains on track

Next COVID-19 device shortage? ‘Smart’ infusion pumps

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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. (Image from Institute for Safe Medication Practices) You’ve likely seen the videos of ICU hallways lined with medical devices that would … [Read more...] about Next COVID-19 device shortage? ‘Smart’ infusion pumps