Avanos Medical

Avanos Medical, Inc.

File:Avanos Medical Logo.png
Company type	Public
Traded as	NYSE:AVNS
Industry	Medical Devices
Founded	2018
Key people	Joe Woody (CEO)
Products	Medical Devices, Pain Management, Respiratory Health
Revenue	$714 million (2022)
Number of employees	4,500 (2022)
Website	avanos.com

Avanos Medical, Inc. is a global medical technology company that specializes in delivering clinically superior solutions that help patients manage pain, improve respiratory health, and prevent infection. The company is headquartered in Alpharetta, Georgia, and operates in over 90 countries worldwide.

History

Avanos Medical was established in 2018 following the spin-off of the healthcare division of Kimberly-Clark Corporation. The company was initially known as Halyard Health, Inc. before rebranding to Avanos Medical, Inc. The rebranding was part of a strategic initiative to focus on the development and commercialization of innovative medical devices.

Products and Services

Avanos Medical offers a wide range of products and services in the following areas:

Pain Management

Avanos provides a variety of solutions for pain management, including:

• ON-Q* Pain Relief System: A non-narcotic pain relief system that delivers local anesthetic to surgical sites.
• COOLIEF* Cooled Radiofrequency: A minimally invasive treatment for chronic pain that uses cooled radiofrequency energy to target nerves.

Respiratory Health

The company offers products designed to improve respiratory health, such as:

• MIC-KEY* Feeding Tubes: Low-profile feeding tubes for patients requiring enteral nutrition.
• Closed Suction Systems: Devices that help maintain ventilation and reduce the risk of infection in intubated patients.

Infection Prevention

Avanos also focuses on infection prevention with products like:

• Closed Suction Catheters: Designed to reduce the risk of cross-contamination and infection in ventilated patients.

Research and Development

Avanos Medical invests significantly in research and development to innovate and improve its product offerings. The company collaborates with healthcare professionals and institutions to develop solutions that address unmet clinical needs.

Corporate Social Responsibility

Avanos is committed to corporate social responsibility, focusing on sustainable practices, ethical business conduct, and community engagement. The company supports various initiatives aimed at improving healthcare access and outcomes in underserved communities.

Financial Performance

As of 2022, Avanos Medical reported revenues of $714 million. The company is publicly traded on the New York Stock Exchange under the ticker symbol AVNS.

See Also

• Kimberly-Clark Corporation
• Medical Device
• Pain Management
• Respiratory Therapy

References

• Avanos Medical - About Us
• SEC Filings for Avanos Medical