Inogen Divests US Oxygen Rental Business to Rotech

Key Facts

Inogen announced the divestiture of its U.S. oxygen rental business to Rotech. The company stated in a Business Wire release that the move is part of a strategic shift to streamline operations, likely focusing on its core manufacturing and direct sales model.

INGN closed at $5.37 on September 29, 2026, after reaching a session high of $5.45 and a low of $5.32. The divestiture of this business segment represents a significant corporate action aimed at improving margins, although specific financial terms were not disclosed.