Posted on 10/26/2022
Medtronic plc (Dublin, Ireland) has announced its intention to pursue a separation of the company's combined Patient Monitoring and Respiratory Interventions businesses ("NewCo"), which reside in the Respiratory, Gastrointestinal & Renal division within the company’s Medical Surgical Portfolio. The Patient Monitoring technology portfolio includes Nellcor pulse oximetry, Microstream capnography, BIS brain monitoring, INVOS perfusion monitoring, and HealthCast connected care solutions.
The Respiratory Interventions technology portfolio includes Puritan Bennett ventilators, Shiley airway portfolio, McGrath MAC video laryngoscopy, DAR breathing systems, as well as PAV+, NIV+ and IE Sync ventilation software solutions designed to improve workflow and care delivery.
The decision to pursue a separation is a part of its ongoing portfolio assessment and will...