Respironics purchases Lifecare International
This article was originally published in Clinica
Respironics is to acquire respiratory therapy products manufacturer Lifecare International for $50 million, subject to regulatory approval and closing conditions. The deal is expected to be completed in October. Lifecare, which is based in Denver, Colorado, had sales of $33.1 million in the year ended March 31st, 1996. Its main business is portable ventilation therapy.