John L. Miclot, CEO of Philips Home Healthcare Solutions, announced during the Medtrade Keynote Panel discussion last week that he had resigned from Respironics/Philips, effective in two weeks.
Miclot will head up Clearwater, Fla-based CCS Medical, a nationwide provider of various home care staples such as insulin pumps, incontinence products, and respiratory equipment.
Respironics, Inc. has announced it’s entered into a merger agreement which will allow Royal Philips Electronics (Philips) to acquire all of the outstanding shares of Respironics for USD 66.00 in cash per share, or a total purchase price of approximately USD 5.1 billion. The offer price represents a premium of approximately 31 percent over Respironics’ average closing share price for a period of 30 trading days ending at market closing on December 20, 2007.
Respironics, Inc. announced it has acquired all outstanding shares of Apollo Light Systems, Inc., a 20-year-old, privately-held company and a leading manufacturer of light therapy systems for melatonin suppression and circadian rhythm sleep disorders.
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As of May 2, 2009 at 9:47 p.m. (-0500) (ET), the U.S. population
was 306,340,710. Sleep researchers estimate approximately seven percent
of the population suffers from obstructive sleep apnea. Using that
estimate, there are potentially 21,443,850 apneics in the U.S.
~~ Apnea around the world ~~
As of May 2, 2009 at 9:47 p.m. (-0500) (ET), the world population
was 6,777,286,604. Sleep researchers estimate approximately seven percent
of the population suffers from obstructive sleep apnea. Using that
estimate, there are potentially 474,410,062 apneics in the world.
