Press Release Change of ownership You-Q In March of this year Handicare announced the establishment of a new company, You-Q, for the production, distribution and sales of the Alex, Beatle and Ibis XP power wheelchair models. Swedish investment company R12 Kapital has now signed a deal to become the new owner of You-Q. The sale [...]
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The US Durable Medical Equipment Market Is Worth 26 Billion US Dollars
According to marketingresearch.com the US market is worth $26 billion and is due to grow by 6%. Does that put the world market at about 50 billion but growing faster because of developing countries? Homecare with it’s favorable aging population demographic continues to look like a great investment, despite reimbursement pressures, national competitive bidding and [...]
China Ups Rates 4th Time Since October
It is an aggressive move, and the central bank is acting more aggressively than the market had expected. via China ups rates 4th time since October | Reuters. FB – China sourcing – is it too late?
QOTD From Techcrunch – Don’t Bet Big. Little Bets Are The Ones That Turn Into Billion-Dollar Ideas
@petersims – When I was in business school, one of the most common things I would hear people say was that they wanted to do something new—like start a company or take an unconventional career path—but that they needed “a great idea” first. That always surprised me a bit, especially at an entrepreneurial hub like [...]
International Women’s Day – March 8, 2011
“International Womens Day 8 March is an occasion marked by womens groups around the world. This date is also commemorated at the United Nations and is designated in many countries as a national holiday. When women on all continents, often divided by national boundaries and by ethnic, linguistic, cultural, economic and political differences, come together [...]
Foxconn Reorganizes – Shuffles Manufacturing and Engineering Resources – Central China
Further warning signs to manufacturers (including medical products) that China is no longer a safe low cost bet. The coastal areas in China have seen repeating double digit wage raises as well as huge cost increases in infrastructure. Now Foxconn is apparently downsizing it’s high cost location and saving it only for higher value added [...]
Invacare Earnings Improve In 2010 and Forecast Better Revenue Growth In 2011
Invacare has just released it’s Q4 and 2010 report. Notable is the adjusted earnings per share double digit growth for 3 years running and the companies new strategic focus on operating as a global, as opposed to regional player in the world homecare and mobility business. Invacare also hints at possibly making acquisitions in 2011. [...]
KCI Enters $220 Million US Patient Handling Market
Kinetic Concepts (KCI) has acquired Technimotion Medical to expand it’s patient handling business in the US (coming to Europe anytime soon?). The acquisition of these assets puts KCI into the patient lift and patient transfer business. KCI to Expand Product Portfolio Through Acquisition of TechniMotion™ Patient Handling Technologies | Business Wire.
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