Physio-Control Corporation
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Physio-Control Corporation was founded in 1955 by Dr. Karl William Edmark as a pioneering company in the field of portable defibrillation. Physio-Control manufactures emergency
defibrillation Defibrillation is a treatment for life-threatening cardiac arrhythmias, specifically ventricular fibrillation (V-Fib) and non-perfusing ventricular tachycardia (V-Tach). A defibrillator delivers a dose of electric current (often called a ''coun ...
and automated
CPR Cardiopulmonary resuscitation (CPR) is an emergency procedure consisting of chest compressions often combined with artificial ventilation in an effort to manually preserve intact brain function until further measures are taken to restore spont ...
equipment. The company was most recently acquired in 2016 by
Stryker Corporation Stryker Corporation is an American multinational medical technologies corporation based in Kalamazoo, Michigan. Stryker's products include implants used in joint replacement and trauma surgeries; surgical equipment and surgical navigation system ...
and is now part of Stryker's Emergency Care division.


History

* 1955 - Founded by Karl William Edmark * 1980 - Acquired by
Eli Lilly and Company Eli Lilly and Company is an American pharmaceutical company headquartered in Indianapolis, Indiana, with offices in 18 countries. Its products are sold in approximately 125 countries. The company was founded in 1876 by, and named after, Colonel ...
* 1994 - Acquired by
Bain Capital Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry se ...
* 1998 - Acquired by
Medtronic Medtronic plc is an American medical device company. The company's operational and executive headquarters are in Minneapolis, Minnesota, and its legal headquarters are in Ireland due to its acquisition of Irish-based Covidien in 2015. While it ...
for $538 million * 2006 - Medtronic announces Physio-Control's
spin-off Spin-off may refer to: *Spin-off (media), a media work derived from an existing work *Corporate spin-off, a type of corporate action that forms a new company or entity * Government spin-off, civilian goods which are the result of military or gov ...
* 2011 - Company taken private in 2011 via a $487 million acquisition by
Bain Capital Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry se ...
* 2016 –
Stryker Corporation Stryker Corporation is an American multinational medical technologies corporation based in Kalamazoo, Michigan. Stryker's products include implants used in joint replacement and trauma surgeries; surgical equipment and surgical navigation system ...
announces agreement to acquire Physio-Control International, Inc. for $1.28 Billion


Products

The company's products are primarily for the emergency treatment of sudden cardiac arrest events. The
Lifepak Lifepak (stylized LIFEPAK) is a series of vital signs monitors and external cardiac defibrillators produced by medical technology company Physio-Control. In 2020 the company recalled some of its defibrillators after it learned they might fail in ...
line of defibrillators includes both advanced units for
advanced cardiac life support Advanced cardiac life support, advanced cardiovascular life support (ACLS) refers to a set of clinical guidelines for the urgent and emergent treatment of life-threatening cardiovascular conditions that will cause or have caused cardiac arrest, ...
trained personnel, and automated external defibrillators for use by
first responders A first responder is a person with specialized training who is among the first to arrive and provide assistance or incident resolution at the scene of an emergency, such as an accident, disaster, medical emergency, structure fire, crime, or terr ...
and the general public. Additionally, the company distributes an automated chest compression system called the LUCAS 3. While this system may be used in the field, it has also been used in the hospital setting to prolong human life while surgical or other procedures are accomplished. Physio also produces a CPR coaching device called the TrueCPR coaching device.


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External links

* Medical technology companies of the United States Medical device manufacturers American companies established in 1955 Health care companies established in 1955 Health care companies based in Washington (state) Companies based in Redmond, Washington 1980 mergers and acquisitions 1994 mergers and acquisitions 1998 mergers and acquisitions Corporate spin-offs 2011 mergers and acquisitions 2016 mergers and acquisitions Bain Capital companies {{med-company-stub