Zoll Medical has completed its acquisition of the assets of Alsius' intravascular temperature management device business for approximately $12 million.
The complement of Alsius products will continue to be offered by Zoll to meet the ongoing needs of Alsius customers and their patients, including both the Thermogard XP Advanced Temperature Management system and the Cool Gard 3000 System. Zoll intends to maintain the full line of Alsius catheters, which provide central venous infusion capabilities. To ease the transition for customers, Zoll said it will provide all warranty and service obligations relating to the installed base of Alsius products.
The Chelmsford, Mass.-based Zoll plans to consolidate the operations of the acquired business at its new 53,000 square foot facility in Sunnyvale, Calif., which has a separate production area designed for catheter manufacturing.