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Lianying Medical, parent of the MDKMed brand, has completed the full acquisition of Zhejiang Smith Medical Instruments and the Graseby infusion pump brand from U.S. company ICU Medical. The announcement was made on 10 January 2023; no deal value is stated.
ICU Medical announced a US$13.2 million investment at its Heredia, Costa Rica manufacturing facility, including a new infusion pump line and sterilization plant, expected to add 100 jobs.
ICU Medical Inc. completed its acquisition of Pfizer's Hospira Infusion Systems business, which includes IV pumps, solutions and devices. The deal adds a complete IV therapy portfolio and a broader global footprint.