Avanos Medical Streamlines Corporate Development with Market Intelligence Solution

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Business News

Medtech,Mergers And Acquisitions (M&A),Corporate Development

Avanos Medical, a leading MedTech company, faced challenges with fragmented market intelligence that slowed down decision making and obscured valuable insights. To address this, Avanos implemented a robust solution offering in-depth market commentary and comprehensive data coverage, enabling them to streamline corporate development workflows and maintain a competitive edge.

In the rapidly evolving Medtech industry, staying on top of growth strategies, including mergers and acquisitions –related deal activity, is not just an advantage—it’s a necessity.

“It’s always a challenge to find information on companies in a niche or emerging market,” says David Mornhinweg, Director of Corporate Development, Avanos Medical, “and even more challenging to find accurate and current information on potential acquisition targets, including management teams, size, and growth.”To address these challenges, Avanos implemented a robust solution offering in-depth market commentary and comprehensive data coverage.

“I saved a ton of time using Document Viewer,” he says. “For example, when I open a transcript, I now have a high-level summary before digging into the text. I can also see all the companies mentioned, so I get a sense of important relationships, partnerships, areas of growth, and areas of risk.” • Improved accuracy of market forecasts and strategic decisions, leading to more successful investments and partnerships.

 

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