Zynex Leases New Facility for Expanding Monitoring Business

Zynex Medical has announced the lease of a new 41,000 square foot facility in Englewood, Colorado, to cater to the rapid expansion of its subsidiary, Zynex Monitoring Solution (ZMS). With the increasing demand for its patient monitoring devices, ZMS requires additional office, lab and production space. In the past year alone, the headcount in the monitoring division has surged by 94%, and the new facility will provide the necessary space to support the division’s future developments.

“We are committed to the commercialization of our patient monitoring devices and are looking forward to several upcoming regulatory submissions,” said Thomas Sandgaard, CEO and Founder of Zynex. “The growth of ZMS necessitated additional space, and the new facility will serve as a strong foundation to support ZMS for years to come.”

The new ZMS facility is situated within a quarter-mile of Zynex Medical Headquarters on Maroon Drive in Englewood, Colorado. The lease for the facility will begin on July 1, 2023, and is set to last 66 months.