Alaris was formed in November 1996 when Advanced Medical Inc. merged its wholly owned subsidiary IMED Corporation with IVAC Medical Systems. IVAC and IMED were already major players in the intravenous drug delivery market, in operation since 1968 and 1972, respectively, and their merger created an opportunity to offer a wide selection of IV devices and customer care solutions to hospitals and healthcare purchasing organizations.
In 2004, Alaris Medical Systems was acquired by Cardinal Health and in 2009 Cardinal Health “spun out” as a new public company called CareFusion.
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