Edwards Plans To Boost Growth By Spinning Off Critical Care Unit In 2024

The critical care business is developing smart-recovery products integrated into Edwards’ HemoSphere monitoring platform. The company expects the tax-free transaction will help the new company advance patient monitoring technology and let Edwards focus on its structural heart technologies.

Investing in new business while divesting in old industry with an old tree shaped as a finance pie chart graph funding a green tree
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Edwards Lifesciences plans to get out of the advanced patient monitoring business with a tax-free spinoff of its critical care business at the end of 2024.

Separated from Edwards, the new critical care company will have “increased focus and flexibility … to improve the quality of care for millions of patients around the world,” Edwards CEO Bernard

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