Physio-Control
 "Lifesaving tools for lifesaving teams." | |
| Industry | Medical equipment |
|---|---|
| Founded | 1955 |
| Founder | Dr. Karl William Edmark |
| Headquarters | Redmond, WA, U.S. |
Key people | Anne Mullally, GM and VP |
| Products | Medical equipment for use in prehospital, hospital emergency and military settings in treatment of cardiac emergencies |
| Parent | Stryker Corporation |
| Website | www.physio-control.com |
Physio-Control Corporation was founded in 1955 by Dr. Karl William Edmark as a pioneering company in the field of portable defibrillation. Physio-Control manufactures emergency defibrillation and automated CPR equipment. The company was most recently acquired in 2016 by Stryker Corporation and is now part of Stryker's Emergency Care division.
History[]
 | This section is in list format but may read better as prose. (June 2019) |
- 1955 - Founded by Karl William Edmark
- 1980 - Acquired by Eli Lilly and Company[1]
- 1994 - Acquired by Bain Capital
- 1998 - Acquired by Medtronic for $538 million[2]
- 2006 - Medtronic announces Physio-Control's spin-off[3]
- 2011 - Company taken private in 2011 via a $487 million acquisition by Bain Capital[4]
- 2016 – Stryker Corporation announces agreement to acquire Physio-Control International, Inc. for $1.28 Billion[5][self-published source?]
Products[]
The company's products are primarily for the emergency treatment of Sudden Cardiac Arrest (SCA) Events. The LIFEPAK line of defibrillators includes both advanced units for ACLS trained personnel, as well as Automated External Defibrillators (AEDs) for use by first responders and the general public. Additionally, the company distributes an automated chest compression system called the LUCAS 3. While this system may be used in the field, it has also been used in the hospital setting to prolong human life while surgical or other procedures are accomplished.[6] Physio also produces a CPR coaching device called the TrueCPR coaching device.
References[]
- ^ "Physio-Control International Corp. History". fundinguniverse.com. Retrieved August 20, 2013.
- ^ "Medtronic to Acquire Physio-Control". Los Angeles Times. Retrieved November 21, 2013.
- ^ says, Teame Aregay Nega (November 17, 2011). "Xconomy: Physio-Control Breaks Away From Medtronic, Via $487M Acquisition by Bain Capital". Xconomy.
- ^ Luke Timmerman (November 17, 2011). "Physio-Control Breaks Away From Medtronic, Via $487M Acquisition by Bain Capital". xconomy.com. Retrieved August 20, 2013.
- ^ "Stryker Announces Definitive Agreement to Acquire Physio-Control International, Inc. for $1.28 billion" (PDF). Physio-Control Newsroom. February 16, 2016. Retrieved February 16, 2016.
- ^ Carissa Loethen (August 20, 2013). "Woman revived after 42 Minutes 'clinically dead'". Austin360.com. Retrieved August 20, 2013.
External links[]
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- Medical technology companies of the United States
- Medical device manufacturers
- American companies established in 1955
- Health care companies established in 1955
- Health care companies based in Washington (state)
- Companies based in Redmond, Washington
- 1980 mergers and acquisitions
- 1994 mergers and acquisitions
- 1998 mergers and acquisitions
- Corporate spin-offs
- 2011 mergers and acquisitions
- 2016 mergers and acquisitions
- Bain Capital companies
- Medical company stubs