Vitalograph's Strategic Acquisition to Enhance Respiratory Care
Vitalograph Strengthens Global Presence with Strategic Acquisition
Vitalograph has taken a significant step forward by acquiring Morgan Scientific, a distinguished leader in pulmonary function testing (PFT) software. This acquisition marks an important milestone as it aims to enhance Vitalograph's ability to meet the escalated global demand for respiratory diagnostic solutions. With this strategic move, Vitalograph seeks to bolster its U.S. commercial presence and further innovate in advanced PFT solutions.
Building on a Strong Partnership
Frank Keane, the CEO of Vitalograph, expressed enthusiasm about the relationship with Morgan Scientific, stating the acquisition is a natural progression for both firms. He emphasized that with their combined expertise, they will focus on providing superior diagnostic solutions to better understand lung health.
Impact of Morgan Scientific's Expertise
Morgan Scientific has long been recognized for its customer-centric software offerings, specifically for advanced PFT systems. The flagship software, ComPAS2, is integral to the VitaloPFT Series, representing Vitalograph’s innovative approach to pulmonary function testing. Notably, Morgan Scientific has consistently functioned as a primary distributor for Vitalograph's pulmonary function testing solutions across the U.S.
Collaborative Innovations on the Horizon
Reflecting on their collaborative journey, Keane remarked on the extensive experience gained while developing the VitaloPFT Series. This shared endeavor established a solid foundation of respect and mutual recognition of each company's strengths. The acquisition of Morgan Scientific is expected to deliver remarkable value, enabling further development of Vitalograph's comprehensive PFT range to serve customers globally.
Valuing Integrity and Innovation
Vitalograph, a family-owned company, is deeply committed to the values embodied by the Morgan Scientific legacy. These values include integrity, quality, and innovation, which are central to the operations at Vitalograph today. Gareth Morgan, the son of Morgan Scientific's founder, echoed similar sentiments by indicating a strong trust in Vitalograph to uphold and expand their legacy in customer service and innovation.
Ambitious Plans for Respiratory Diagnostic Growth
The acquisition will significantly accelerate Vitalograph's strategic plans for expanding its respiratory diagnostic offerings on a global scale. The company is currently implementing an ambitious growth strategy aiming to triple its respiratory diagnostics business by 2026. This venture reflects a strong commitment to enhancing respiratory healthcare solutions while maintaining a focus on quality and reliability.
The Significance of This Milestone
This acquisition coincides with Vitalograph celebrating its 50th anniversary of innovation and growth in Ireland, marking a proud moment in the company's history. The strategic acquisition not only underlines Vitalograph’s dedication to enhancing lung health through innovative solutions but also emphasizes its readiness to adapt to the dynamic demands of healthcare.
About Vitalograph
Founded in 1963, Vitalograph has grown into a prominent global provider of respiratory diagnostic solutions and clinical drug trial services. With decades of expertise, its robust range of accurate and reliable respiratory diagnostic solutions empowers healthcare professionals worldwide. This commitment to excellence is exemplified in their dedication to improving patient care and health outcomes.
Frequently Asked Questions
What prompted Vitalograph to acquire Morgan Scientific?
The acquisition was driven by a mutual goal to enhance their capabilities in offering advanced respiratory diagnostic solutions to meet increasing global demands.
How will this acquisition affect customers?
Customers can expect improved access to innovative solutions in pulmonary function testing, enhanced service delivery, and broader product offerings from the combined expertise of both companies.
What is ComPAS2?
ComPAS2 is the flagship software from Morgan Scientific that powers Vitalograph's VitaloPFT Series, integral to advanced pulmonary function testing solutions.
What are Vitalograph’s future plans after this acquisition?
Vitalograph aims to significantly grow its respiratory diagnostics business and enhance its product offerings to provide comprehensive solutions for respiratory healthcare globally.
Who should be contacted for media inquiries?
For media information, Edwina Gore from Gore Communications and Laura Colleran from Vitalograph are the primary contacts, providing information and support related to the acquisition and future initiatives.
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