Oridion

Company Overview

Snapshot

Founded in May 1987, Oridion is a medical device company with 51–200 employees. The company secured funding across one disclosed round from one investor, Jerusalem Global Ventures. Oridion was acquired by Covidien in April 2012.

Business overview

Oridion Medical specializes in patient safety monitoring within critical clinical environments, including procedural sedation, operating rooms, critical care, and post-anesthesia care units. The company's core technology, Microstream, provides effective airway management through early indication of airway compromise. Oridion Smart Technology offers accurate, reliable, and user-friendly assessment of patients' breathing quality for both intubated and non-intubated individuals across various clinical settings. Oridion operates within the Health Tech & Life Sciences sector, specifically focusing on Medical Devices and Medical Monitors.

Strategic signal

The acquisition of Oridion by Covidien in April 2012 marked a significant consolidation within the medical device industry. This event signaled Covidien's strategic expansion in patient safety monitoring, integrating Oridion's specialized capnography systems and Microstream technology into its portfolio. For investors, this demonstrated the value of advanced airway management solutions and the potential for larger medical technology firms to acquire innovative smaller players to enhance their critical care offerings.

Company Intelligence Q&A

What is Oridion's primary focus?

Oridion Medical specializes in developing capnography systems for patient safety monitoring in critical care environments, including operating rooms and post-anesthesia care units.

When was Oridion acquired?

Oridion was acquired by Covidien in April 2012. The acquisition was completed in May 2013.

What technology does Oridion utilize for patient monitoring?

Oridion utilizes its Microstream technology, which provides effective airway management through early indication of airway compromise, and Oridion Smart Technology for assessing breathing quality.

What products does Oridion offer?

Oridion offers products such as the Kangaroo Feeding Tube and AMD Antimicrobial Dressings, alongside its capnography systems.