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ResMed completes $225M acquisition of Propeller Health · Endata

◂ Announcements

Jan 7, 2019ACQUISITIONUnited States

ResMed completes $225M acquisition of Propeller Health

ResMed completed its acquisition of Propeller Health, a digital therapeutics company for COPD and asthma, for $225 million in cash. Propeller will operate as a standalone business within ResMed's Respiratory Care portfolio.

Value

$225.0M

Status

Completed

Productsdigital therapeuticsconnected health solutions for COPD and asthma

CompaniesResMed acquirer Propeller Health target

Sectors#Medical Devices

“I’m excited to welcome Propeller, a fellow digital health innovator and high-performing company, into the ResMed family.”biospace.com

1 source
biospace.comResMed Completes $225 Million Acquisition of Propeller Health - BioSpaceHeather McKenzieJan 7, 2019

Summarized from public sources; check the original articles before acting on it.

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