For almost 20 years, Switzerland-based imtmedical ag has been developing and selling medical ventilators and biomedical test devices. Now, the ventilator division and the brand name will be transferred to Mettawa, Ill.-based Vyaire Medical Inc., a global player in the ventilation technologies market.
“With this step, we want to help bellavista ventilators achieve the success they deserve,” says Jakob Däscher, one of the founders of imtmedical. “To reach this target, it requires a company like Vyaire, which already has strong distribution and financial structures worldwide.”
The second business unit, biomedical test devices, will be handled under the new brand IMT Analytics. The company will continue to operate from their current location in Buchs, Switzerland, which also applies to imtmedical ag under Vyaire in the coming years. “In order to maintain the stable operation of imtmedical, there will be no adjustments to the site or personnel in the foreseeable future,” says Harri Friberg, former CEO of imtmedical and managing director of IMT.
At the beginning of May, discussions will be held with employees who will be integrated into Vyaire or who will switch to IMT Analytics.
The sale of the ventilator business unit brings benefits to users of all products previously offered by imtmedical, company officials say. It is now possible for IMT Analytics and its development partner IMT AG to concentrate more on the development and optimization of measuring instruments. In addition, IMT AG will be responsible for the development and lifetime maintenance of the ventilation products from Vyaire for the next few years.
“For us, this contract is a windfall, which also reflects the high quality of our development services,” Friberg says. After all, in both business divisions, several devices are already in an advanced development stage.