Avanos Medical, Inc. - Company Research Report

Company Overview

• Name: Avanos Medical, Inc.

• Mission: Avanos is focused on delivering clinically superior medical device solutions that help patients get back to the things that matter. They are committed to addressing critical healthcare needs, such as reducing opioid use while aiding in patient recovery.

• Founded: No information is available

• Founders: No information is available

• Key People:

• Interim Chief Executive Officer: Michael C. Greiner

• Senior Vice President and Chief Financial Officer: Michael Greiner

• Senior Vice President and General Counsel: Moji James

• Senior Vice President, Global Research & Development: Lee Burnes

• Vice President, Global Human Resources: John Cato

• Senior Vice President, Operations: Sigfrido Delgado

• Senior Vice President, Strategy & Corporate Development: Scott Galovan

• Senior Vice President and Chief Commercial Officer: Kerr Holbrook

• Vice President, Corporate Communications & Community Relations: Katrine Kubis

• Senior Vice President, Quality: Vinny Sastri

• Senior Vice President, Chief Ethics and Compliance Officer: Michelle Scharfenberg

• Vice President and Chief Information Officer: Siobhan Smyth

• Senior Vice President, Regulatory & Clinical Affairs: Chip Zimliki

• Headquarters: 5405 Windward Parkway, Alpharetta, Georgia 30004, USA

• Number of Employees: More than 4,000 globally

• Revenue: No information is available

• Known For: Avanos is recognized as a leading innovator in medical solutions, particularly in the areas of pain management and chronic care. They focus on improving patient outcomes while emphasizing non-opioid therapies.

Products

Pain Management Solutions

• COOLIEF Radiofrequency System:

• Description: A radiofrequency nerve ablation treatment for chronic pain.

• Key Features: FDA-cleared for treating osteoarthritic knee pain with thermal administration.

• ON-Q Pain Relief System:

• Description: Provides non-opioid post-surgical pain relief.

• Key Features: Allows for improved economic outcomes by healthcare providers.

• ambIT Electronic Ambulatory Pumps:

• Description: Portfolio designed for various infusion therapy needs.

• Key Features: Provides electronic ambulatory solutions.

• Game Ready Systems:

• Description: Cold and compression therapy market leader.

• Key Features: Designed to assist in recovery with combined cooling and compression.

• OrthogenRX:

• Description: Non-surgical alternatives for joint lubrication and knee pain relief.

• Key Features: Specifically targets mild to moderate knee pain.

Chronic Care Solutions

• MIC-KEY Feeding Tubes:

• Description: Trusted low-profile feeding tubes.

• Key Features: Supported by over 20 years of research for digestive health.

• CORTRAK System:

• Description: Guided feeding tube placement device.

• Key Features: Utilizes electromagnetic sensing for placement accuracy.

• NeoMed Products:

• Description: Specialized feeding and dosing solutions.

• Key Features: Targeted for neonatal and pediatric care.

Recent Developments

• Recent Developments:

• Avanos recently announced a plan for a three-year transformation prioritizing innovation, supply chain effectiveness, and financial optimization.

• A significant transaction included the sale of their Respiratory Health business to SunMed Group Holdings, LLC.

• Avanos Medical announced the acquisition of Diros Technology Inc., enhancing its product portfolio with unique tined-probe technology.

• Upcoming product enhancements including separate payments under the NOPAIN Act for ON-Q and ambIT* infusion pumps, starting January 1, 2025.

• Support for new interventional procedure recommendations by the UK’s National Institute for Health and Care Excellence for treating osteoarthritic knee pain.

• New Partnerships: No specific new partnerships were detailed in the provided information.

This report presents a succinct view into the company Avanos Medical, Inc., its operations, product offerings, and recent undertakings based on available data. For more detailed information or specific financial details, refer to their official communications or financial statements.