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New product readies Invacare for comeback

February 6, 2015Liz Beaulieu, Editor

ELYRIA, Ohio - Invacare still may have some work to do to lift a consent decree with the Food and Drug Administration (FDA), but it's already staging a comeback.Interim President and CEO Rob Gudbranson told investors during a Feb. 5 conference call to discuss Invacare's fourth quarter and year-end financial results that the company has received 510(k) approval for an upgrade to its TDX line of power wheelchairs.“Now we have a new product that, once we clear the consent decree, we can introduce...

Invacare, Ron Gudbranson