Founded in 1972, IMED is the second IV pump company created by Richard A. Cramer. IMED’s staff included several of the same individuals who had previously launched IVAC, including certain product design engineers nd later, also former members of the IVAC sales staff who chose to resign from IVAC and follow Cramer to IMED in the months after IMED’s formation. IMED, as had IVAC, continued its primary focus on the blending of the continuing innovations in modern electronics with application-specific software for continuingly innovations in fluidics control. The focus was again, improvement of the delivery of IV fluids and drugs to patients in the hospital.
IMED was sold in 1982 to Warmer-Lambert for 480 million.