Welch

Welch Allyn is a legacy healthcare and medical device company best known for diagnostic and patient-monitoring equipment used in hospitals, clinics, and physician offices. Its portfolio includes vital-signs monitors, blood pressure devices, electrocardiography systems, thermometers, ophthalmoscopes, otoscopes, vision-screening products, and related digital diagnostic tools. The company was acquired by Hillrom in 2015, and Hillrom was subsequently acquired by Baxter in 2021; Welch Allyn continues primarily as a product brand within Baxter's connected care and diagnostics portfolio. It is not a therapeutics developer and does not have a drug pipeline in the biotech/pharma sense. The business is focused on commercialized medical technologies rather than clinical-stage drug development.