Royal Philips Electronics NV has struck a second M&A deal for its sleep and respiratory care business this year, with the acquisition of Respiratory Technologies, Inc. (RespirTech), the US developer of the inCourage airway clearance vest therapy for chronic respiratory conditions. These conditions include chronic obstructive pulmonary disease (COPD) and cystic fibrosis.
The inCourage vest is worn by the patients and is attached to a machine that creates compressions to the chest,...
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