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| Company type | Public |
|---|---|
| Founded | 1984; 41 years ago (1984) |
| Headquarters | San Clemente,California, United States |
| Products | Infusion pumps, solutions, sets, and needlefree connectors; critical care monitoring products and systems; oncology drug delivery systems |
| Revenue | $2.28 billion (2022 est)[1] |
Number of employees | Approximately 12,000 |
| Website | icumed |
ICU Medical, Inc. is a medical technology company based inSan Clemente, California. ICU Medical products are designed to prevent bloodstream infections and protect healthcare workers from exposure toinfectious diseases orhazardous drugs.[2] ICU Medical product line includesintravenous therapy (IV) products, pumps, needle-free vascular access devices, custom infusion sets,closed system hazardous drug handling devices and systems, sensorcatheters, needle-free closed blood sampling systems, andhemodynamic monitoring systems.[3]
ICU Medical products are designed to prevent bloodstream infections and protecting healthcare workers from exposure toinfectious diseases orhazardous drugs.[2] In addition, the company's IV medication compounding and delivery products are designed to improve medication and dosing accuracy and improve clinical workflows.[3] In 2014 ICU Medical was named one of the 100 Most Trustworthy Companies in America byForbes Magazine.[4]
The company was founded in 1984 byGeorge "Doc" Lopez, MD who developed a product known as the ClickLock to better secure IV lines.[5]
In 2006, ICU Medical introduced its first products foroncology. The ChemoClave system from ICU Medical is a closed system transfer device (CSTD) that allows pharmacists and nurses to safely mix and administer hazardous drugs used to treat cancer patients without exposing themselves to these drugs.[6]
ICU Medical acquired the formerAbbott Laboratories Critical Care business fromHospira in 2009 following a four-year business arrangement in which ICU acted as the manufacturer of the Hospira critical care product line.[7]
In February 2017 ICU Medical also acquired theHospira Infusion Systems business fromPfizer.[8]
ICU Medical's Neutron device aims to reduce catheter occlusion caused by external factors such as connecting and disconnecting a luer, or patient vascular pressure changes caused by coughing, sneezing, crying or vomiting. In clinical use, Neutron is suggested to reduce the incidence of catheter occlusion by 50%.[9]
In 2015, ICU Medical acquired Excelsior Medical Corporation, a manufacturer of healthcare devices used to disinfect and protect access into a patient's bloodstream. Acquired products included the SwabCap and SwabFlush, as well as pre-filled saline and heparin flush syringes. The total purchase price for Excelsior was $59.5 million, however ICU immediately sold the operating assets of SwabFlush and pre-filled syringe businesses to Medline Industries, Inc. for $27 million.[10]
ICU Medical's oncology product line is designed specifically to keep healthcare workers and patients safe from exposure to hazardous drugs.[citation needed] In 2012, the company introduced the Diana Hazardous drug compounding system, a user-controlled automated system that helps protect clinicians from exposure to hazardous drugs and accidental needlesticks while protecting the patient preparation from exposure to environmental contaminants.[11]
ICU Medical's line of critical care products provides real-time hemodynamic monitoring, blood conservationsolutions, oximetry catheter technology that helps optimize oxygen supply and demand, critical care catheters with no natural rubber latex components, and hemodynamic transducer kits. In addition, ICU Medical's line of advanced sensor catheters, having no natural rubber latex components, helps keep patients safe from potentially lethal allergic reactions.[citation needed]
