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ResMed

In brief: Investor buys Permobil, Drive responds to lawsuit

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04/05/2013

STOCKHOLM, Sweden – Permobil, a manufacturer of high-end power wheelchairs, has been acquired by Investor AB, a Swedish investment firm. Private equity firm Nordic Capital agreed to sell Permobil for $842.3 million.

Drive Medical suspends sale of certain CPAP masks

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04/03/2013

PORT WASHINGTON, N.Y. – In light of a lawsuit filed by ResMed, Drive Medical has suspended the sale and marketing of several of its CPAP masks, the company has announced.

In brief: ResMed lawsuit, surety bond update

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03/29/2013

SAN DIEGO – ResMed has sued Taiwanese manufacturer Apex Medical and its U.S. distributor, Medical Depot, doing business as Drive Medical, to stop alleged patent infringement. ResMed has filed parallel legal actions in the International Trade Commission (ITC) and U.S.

ResMed files patent lawsuit

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03/29/2013

SAN DIEGO – ResMed has sued Taiwanese manufacturer Apex Medical and its U.S. distributor, Medical Depot, doing business as Drive Medical, to stop alleged patent infringement.

ResMed stays put

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03/27/2013

SAN DIEGO – ResMed will keep its headquarters in southern California, after its board decided the benefits of staying were greater than that of relocating, according to an article from the San Diego Union-Tribune. In Dec.

ResMed promotes Michael Farrell to CEO

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02/21/2013

POWAY, Calif. – Michael “Mick” Farrell, president of ResMed’s Americas division since 2011, will replace his father, Peter Farrell, as CEO and be appointed to the company’s board effective March 1, according to a press release.

ResMed sets ex-dividend trading date

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02/12/2013

SAN DIEGO – ResMed will begin trading ex-dividends this Thursday on Feb. 14, according to an article from Nasdaq.

ResMed CEO sells 400,000 shares

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02/06/2013

SAN DIEGO – ResMed CEO and Executive Chairman Peter Farrell sold 400,000 shares at an average price of $46.98 on Jan. 30, according to an article from Nasdaq.com.

ResMed reports double-digit increases

'We’ve been pioneering a market dynamic that is finally getting traction'
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01/25/2013

SAN DIEGO – With home sleep testing (HST) gaining ground and new products in the works, 2013 should be a good year for ResMed, officials reported last week.

In brief: Industry keeps up pressure, ResMed nears CEO decision

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12/28/2012

WASHINGTON – It's impossible to predict whether lawmakers will reach a deal on the so-called fiscal cliff by the new year, but HME industry stakeholders say don’t get distracted by the bigger picture.

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