Medline has purchased Canadian-based rehabilitation equipment maker NeuroGym Technologies, the company announced last week.
Terms of the deal were not disclosed, but the asset purchase agreement was completed at the end of June, Medline officials said.
“We began selling NeuroGym in 2016 and quickly saw the outcomes matched the promise for our customers,” said Brian Garner, director of Therapy & Rehab at Medline. “We jumped at the chance to fully own the technology and future strategy and growth of the line. NeuroGym has been a very impactful innovation to the therapy and rehab providers working with our company.”
The company’s products include the Sit-To-Stand trainer, an ankle trainer and an exercise wheelchair.
Avi Nativ, Ph.D., the inventor of the NeuroGym technology, will continue as a Medline consultant, and other employees will continue to work for Medline.
