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Drive Medical acquires assets of Mason Medical

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04/12/2013

PORT WASHINGTON, N.Y. – Drive Medical announced today that one of its subsidiaries has acquired certain assets of Mason Medical, a move that expands its presence in the pressure prevention market.

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.

Bath safety: 'huge' growth, more to come

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11/26/2012

Israel Gamburd, president of Los Angeles-based Gamburd Independent Living Solutions, sums up the state of the bath safety market this way: “The past year has been huge. It has reached a point where I have almost had to turn down business.”

Scoot over Medicare

Manufacturers report uptick in sales for retail market
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11/02/2012

YARMOUTH, Maine – Have scooters seen the same drop in utilization as power wheelchairs? It depends on the scooter.

Manufacturers say that sales are down for scooters for the Medicare market, like K0807, but they’re up for scooters for the retail market.

Vendors target mobility for cash sales

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10/19/2012

ATLANTA – Invacare believes it has just the thing for beleaguered providers of standard power wheelchairs.
The manufacturer at Medtrade last week debuted its Pronto Air Personal Transporter, a standard power wheelchair that has no code and sells for cash.

Drive Medical to feature new line of respiratory products

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10/02/2012

PORT WASHINGTON, N.Y. – Drive Medical announced it will begin manufacturing and distributing Evo/Global Medical respiratory and SmartDose product lines effective Oct. 1, 2012, according to a press release.

In brief: Linde seals deal, AAHomecare submits comments

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08/17/2012

CLEARWATER, Fla. – Linde AG has completed its $4.6 billion acquisition of Lincare, it was announced Aug. 14. The industrial gas giant paid $41.50 per share for Lincare through a tender offer that it completed Aug.

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