Trudell Medical Limited closes on the purchase of Vyaire Medical RDx, to rebrand as Jaeger Medical 

The Trudell Medical Group (TMG) located in Ontario, Canada, owns a portfolio of Canadian and US companies, bringing innovative medical devices and services to healthcare professionals and patients in over 110 countries. Within the portfolio, Trudell Medical International (Canada) and Monaghan Medical (US) are renowned for their market leading Aerochamber® and Aerobika® respiratory devices. ProResp is the leader in professional client-centered respiratory therapy for patients in local communities across the province of Ontario, Canada.

In January 2021, TMG took a big step into virtual care delivery, through the acquisition of Aetonix Systems, an Ottawa-based remote patient management platform.

Adherium Limited (ASX:ADR), a leader in digital inhaled device adherence, remote monitoring and data management solutions, is pleased to announce agreement of terms with leading respiratory company Monaghan Medical Corporation (Monaghan) to support the introduction of its Hailie^® platform and technology into specialist respiratory centres in the United States

Trudell Medical Limited has invested in Adherium (Australia) as part of the company’s strategic plan to support organizations with innovative technologies that improve patient outcomes. Adherium is a provider of digital health solutions and a global leader in connected respiratory medical devices, with more than 170,000 sold globally. The company develops, manufactures and supplies a broad range of connected medical devices for respiratory medications for patients, pharmaceutical companies, healthcare providers and contract research organizations.  Trudell subscribed $1,126,000 million of secured debt notes. The funds raised from the issue will be used for working capital purposes.

It is our pleasure to announce that in honour of the late Mitchell Baran, the founder and leader of the Trudell Medical Group of Companies, the City of London has renamed the portion of Third Street that two of the Trudell Companies are located to “Baransway Drive”.