Revenue ($USD) : $741,733,000 R&D spend : $3,492,000.00 Employees : 2,800 Fiscal year end : 12/31/22 CEO : Geoffrey Purtill
Invacare makes wheelchairs, medical beds, wound care products and more. Invacare earlier this year engaged in a restructuring that saw two U.S.-based subsidiaries go through a voluntary Chapter 11 bankruptcy process. A restructuring support agreement reduced Invacare’s funded debt by approximately $240 million and freed the company to engage in financial transactions to recapitalize. –CN