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GS Elektromedizinische signs technology license agreement with Masimo for patient monitoring systems

Aug 21, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Company: Masimo Corp (MASI)

Masimo Corporation and GS Elektromedizinische Gerate G. Stemple GmbH (GS) have jointly signed a worldwide technology licensing agreement to integrate Masimo Rainbow(R) SET Pulse CO-Oximetry into GS' corpuls(R) patient monitoring modules.

Masimo is a US-based medical technology company, while GS is a Germany-based developer and manufacturer of innovative medical devices for emergency medical services. 

Deal Type    Partnership
Sub-Category Licensing Agreement
Deal Status  Announced: 2009-08-20

Deal Participants 

Partner 1 (Company) GS Elektromedizinische Gerate G. Stemple GmbH
Partner 2 (Company) Masimo Corporation

Deal Rationale

The agreement enables GS to expand the vital signs and noninvasive measurement capabilities of its defibrillators and patient monitoring systems to help EMS professionals detect and treat life-threatening conditions earlier.

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

News Provided by COMTEX

Company: Masimo Corp (MASI)


Related terms: emergency, germany, manufacturer, medical, partnership, technology

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