nSpire Health Revenue and Competitors
Estimated Revenue & Valuation
- nSpire Health's estimated annual revenue is currently $27.4M per year.
- nSpire Health's estimated revenue per employee is $251,000
- nSpire Health has 109 Employees.
nSpire Health Competitors & Alternatives
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What Is nSpire Health?
nSpire Health develops and manufactures respiratory care products and provides related services. The Company is focused on cardiopulmonary diagnostics, respiratory core lab services, and disease management solutions designed to improve health care productivity while increasing the overall quality of patient care. nSpire Health is the exclusive provider of premier digital whole body plethymography, lung home health monitoring, and the only premium flow and volume based pulmonary function solutions provider worldwide. On November 10, 2006 nSpire Health completed the acquisition of Ferraris Respiratory. nSpire Health was exclusively formed for this purpose by management and a team of highly knowledgeable private investors experienced in investing in and developing bioscience businesses. The nSpire Health Board of Directors named Michael S. Sims, President & CEO and David C. Jackson, Executive Vice President & CFO. In a recent letter to customers Michael Sims stated: "This is an exciting time for our employees and customers. In the past few months alone we have increased our global workforce to over 230 employees. Our balance sheet is strong. We have growing net assets and are debt free. The Company's Headquarters will remain in Colorado with principal facilities located in the United Kingdom and Germany." Immediately following the acquisition, the company completed a private placement raising approximately $8 million dollars dedicated to support growth, accelerate research and product development activities, and expand customer sales, service and training support around the globe. When asked about the company's prospects for growth Mr. Sims replied; "our core lab business provides services to the world's preeminent pharmaceutical companies and serves healthcare professionals in over 50 countries. We are the worldwide leader in electronic lung health home monitoring sales, having sold more than a million home health solutions and recently introduced proprietary technology that will dramatically accelerate respiratory drug development and improve disease staging and treatment planning for patients with respiratory illnesses. Since August of 2004, our core businesses have experienced growth of nearly 20% per year. I expect our double digit sales growth this year will continue to approach 15%, while our Services businesses will grow at a compound annual rate of over 40%." Since pioneering the Drinker-Collins Iron Lung in the 1920's, through decades of innovations including the original Volume Displacement Spirometer, the KoKo gold standard clinical trial spirometer, the first precision PFT Micro Gas Analyzer, and the only ZAN Inbar/Wasserman Cardiopulmonary Exercise Test Interpreter, to the life saving power of the PiKo Lung Health Home Monitor in the 2000's, nSpire Health remains dedicated to revolutionizing the way the world detects and treats respiratory diseases.keywords:N/A
Number of Employees
Employee Growth %
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