Medtronic (NYSE:MDT) announced that, through the Medtronic Foundation, it is committing approximately $1.2 million to coronavirus relief efforts around the world.
The company said its commitment to helping during the pandemic that is sweeping the globe includes cash contributions from the Medtronic Foundation and product donations from the company itself, according to a news release.
Cash contributions are earmarked for the International Federation of Red Cross and Red Crescent Societies for its medical teams, the Centers for Disease Control Foundation to respond to the public threat of the virus, and Project HOPE, which is delivering shipments of personal protective equipment (PPE) to hospitals in China.
Medtronic said its product donations include devices used for treating patients with respiratory illnesses, such as ventilators, respiratory filters and pulse oximeters and sensors. The company is also donating products for patients undergoing cardiopulmonary bypass surgery, such as sensors and centrifugal blood pump systems. The products are set to be donated to the Wuhan Huoshenshan Hospital which is designated to treat coronavirus patients.
“As a global healthcare leader, Medtronic is committed to helping support impacted communities across the globe,” Medtronic chairman & CEO Omar Ishrak said in the news release. “… We are determined to do everything we can to care for our employees, their families, and their local communities as we address this global health crisis collectively.”
Medtronic is one of many companies contributing money, products and more to help address the coronavirus outbreak in the U.S. and abroad. Becton Dickinson (NYSE:BDX) also contributed to Project Hope, while 3M (NYSE:MMM), Henry Schein (NSDQ:HSIC) and other companies contributed to a large donation of supplies to China orchestrated by MAP International.
