$2Bn Golden Egg: 8 Manufacturers Will Share Billions To Make Ventilators For US Govt
Seven companies – GE, Medtronic, ResMed, Hill-Rom, Vyaire, Hamilton Medical and Zoll – will manufacture 64,431 medical ventilators under the Defense Production Act at a cost of more than $1.4bn, the US Department of Health and Human Services said on 13 April. That figure, when combined with the $646.7m recently awarded to Royal Philips to make 45,500 vents, means the US government will spend more than $2bn on the devices.
You may also be interested in...
Chuck Schumer, the top Democratic senator, is calling on HHS secretary Alex Azar to resign, accusing him of putting politics over public health.
The US HHS has partially terminated a deal it made in April with Philips to manufacture 43,000 medical ventilators. The contract had been worth a whopping $646.7m.
In an unlikely partnership, Google, AdvaMed and the Aerospace Industries Association have developed a portal to help medical ventilator manufacturers and component suppliers share information. The portal is intended to help avoid shortages in ventilator parts as the US continues to fight the coronavirus pandemic.