Two of San Diego’s biggest medical device companies, CareFusion (NYSE: [[ticker:CFN]]) and ResMed (NYSE: [[ticker:RMD]]), today announced a five-year agreement that gives CareFusion exclusive rights to distribute two ResMed non-invasive ventilators and accessories in the United States.
ResMed said the deal enables it to use CareFusion’s extensive sales network of U.S. hospitals, long-term acute care and skilled nursing facilities to launch its ResMed Stellar product line.
While ResMed ventilators have been available in Europe and Asia, the company was previously selling just its sleep apnea equipment in the United States, according to The San Diego Union-Tribune. The newspaper also noted that CareFusion CEO Kieran Gallahue resigned less than six months ago as the CEO at ResMed.
Author: Bruce V. Bigelow
In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here.
Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University.
Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.
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