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Home » Draeger Medical wins $57m contract from DoD

Draeger Medical wins $57m contract from DoD

August 2, 2016 By Fink Densford

Draeger MedicalDraeger Medical reeled in $57.4 million from the U.S. Department of Defense, according to a contract release posted yesterday.

The money came through the 2nd 1-year option period for a 1-year base contract with 9 1-year option periods, according to the DoD. Through the contract, Draeger will supply patient monitoring systems, subsystems, accessories, consumables, spare parts and training.

Services supplied through the contract include the Army, Navy, Air Force, Marine corps and federal civilian agencies, according to the release.

In March, the FDA said it expanded its recall of Draeger’s Evita V500 and Babylog VN500 ventilators to include the optional PS500 batteries after they were updated with new power supply firmware that failed to correct the issue depleting the battery.

The original recall, initiated last September and updated in December, put the ventilators on Class I recall status due to an an error with the ventilators in which the battery does not last as long as expected, according to the FDA. The battery indicator light on the units show as sufficiently charged even when the battery is depleted, the agency said.

Filed Under: Business/Financial News, Patient Monitoring Tagged With: Draeger Medical

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