Medtronic Minimally Invasive Therapies will expand its airway and ventilation product offerings and add systems aimed at emerging markets in particular through its $108 million acquisition of Newport Medical Instruments Inc., announced March 22.
Privately held Newport’s products include ventilators designed to be “affordable for caregivers worldwide,” Covidien says. Only about 20% of Newport’s $40 million in annual sales are in the U.S., while...