Medical Device Maker Ambu and Medical Advisory Fuel Medical Group Announce Partnership

6/30/20

COLUMBIA, Md.--(BUSINESS WIRE)--Ambu Inc., a rapidly growing pioneer of sterile, single-use medical devices, and Fuel Medical Group, the leading business advisory resource for ENTs, audiologists, otologists and universities, have entered into a partnership the companies announced today.

Under the agreement, Ambu will offer Fuel Medical entrée to a broad hospital market for services, including marketing, finance, digital strategies, professional development, and recruiting as well as advising practices on maximizing revenue and streamlining administrative operations.

In turn, Fuel Medical, which is based in Camas, Washington, will broaden Ambu’s reach into medical practices by offering an array of state-of-the-art, single-use endoscopes that include rhinolaryngoscopes, bronchoscopes, duodenoscopes and advanced monitors that increase safety and efficiency.

“This is a perfect match that will enable both companies to expand their reach into new and growing markets,” said Juan Jose Gonzalez, CEO of Ambu A/S. “Fuel Medical has such a strong reputation as a leader in business advisory that it was difficult to overlook their success. We are thrilled with the partnership and see an incredibly productive future.”

“We couldn’t be more excited about this partnership as we both believe in each other’s missions,” added Brendan Ford, Fuel Medical Group’s Co-Founder. “We have a lot of overlap in our goals, specifically when it comes to innovative ideas and building lasting relationships with our customers.”

Shawn Parker, Fuel Medical Group’s Co-Founder, said, “Single-use scopes are ideal for ENT practices as they provide tremendous value due to their sanitary nature. If we can offer safer products to our members, we can help them provide exceptional care to their patients.”

Specifics about the deal were not disclosed.

About Fuel Medical Group

Fuel Medical Group is the leading business advisory resource for ENTs, audiologists, otologists and universities. Fuel provides comprehensive business and marketing services to create and implement custom solutions for patient-focused, growth-minded medical practices to improve every patient’s experience and achieving every clinic’s potential. By combining best-practice business strategies with analytics, Fuel Medical collaborates with its members to achieve their goals through effective talent, information, patient and marketing management. For more information visit www.FuelMedical.com

About Ambu

Ambu has been bringing the solutions of the future to life since 1937. Today, millions of patients and healthcare professionals worldwide depend on the efficiency, safety and performance of our single-use endoscopy, anaesthesia, and patient monitoring & diagnostics solutions. The manifestations of our efforts have ranged from early innovations like the Ambu® Bag™ resuscitator and the Ambu® BlueSensor™ electrodes to our newest landmark solutions like the Ambu® aScope™ – the world’s first single-use flexible endoscope. Moreover, we continuously look to the future with a commitment to deliver innovative quality products that have a positive impact on the work of doctors, nurses and paramedics. Headquartered near Copenhagen in Denmark, Ambu employs approximately 3,000 people in Europe, North America and the Asia Pacific. For more information, please visit ambu.com or ambuUSA.com.

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