# PMD Device Solutions intends to acquire key assets of Coala-Life Group

PMD Device Solutions announced its intention to enter a transfer agreement to purchase the US subsidiary and IP portfolio of Coala-Life Group AB, which filed for bankruptcy on March 22, 2024. The transaction is expected to close by April 10, 2024.

- Type: Acquisition
- Announced: 2024-04-09
- Where: United States
- Status: announced
- Products: RespiraSense acute hospital and hospital-at-home products, remote patient monitoring services
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [PMD Device Solutions](https://endata.com/companies/76699.md) (acquirer)
- [Coala-Life Group](https://endata.com/companies/76700.md) (target)

## Sources

- [pmd-solutions.com](https://www.pmd-solutions.com/investors-sub/en/pmd-device-solutions-intends-to-acquire-key-assets-in-coala-life-group-ab-to-accelerate-its-us-market-entry/), 2024-04-09: "The synergy between the two companies will reduce PMDS's time of entry into the US for its RepsiraSense product, accelerate our path to group profitability and bring forward our target to reach 100 MSEK in annual recurring revenue."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.