Case timeline

1. Aug 202024
   Sale: ZOLL emerges as buyer for Vyaire ventilator assets

   ZOLL’s acquisition of Vyaire’s ventilator business moved from sale-process rumor to case milestone on Aug. 20, when the debtors filed a proposed order approving the ZOLL asset purchase agreement and authorizing the sale of certain ventilation assets. The filing tees up court approval of a core operating divestiture in Vyaire’s Chapter 11, while Medicaldevice Network reported the transaction as ZOLL buying out the ventilator business amid the bankruptcy.

   The filing matters because it points to monetization of a healthcare-device platform asset rather than a purely procedural case event. Professionals tracking recoveries, go-forward operations, and potential buyer competition should treat the ZOLL sale proposed order as the key record for the transaction terms and approval posture.

   Sources and provenanceAugust 20, 2024