Hamilton Medical, Vyaire and Zoll Medical by far had the largest ventilator contracts among seven new deals that the U.S. Department of Health and Human Services has announced. The contracts, announced yesterday evening and worth a total of $1.44 billion, come on top of previously announced deals with Royal Philips (NYSE:PHG), which is receiving $646.7 million, […]
Hamilton Medical opening Nevada factory to produce ventilators under $551.6m deal
The Switzerland-based ventilator maker Hamilton Medical is opening a factory in Reno, Nev. so that it can meet a five-month, $551.6 million contract with the U.S. Department of Health and Human Services, according to Rep. Mark Amodei, R-NV. “Nobody should be saying mission accomplished while we’re still living in the midst of this challenge. However, […]
4 medtech companies ink $84m government ventilator contract
The U.S. Defense Logistics Agency (DLA) signed an $84.4 million contract over the weekend with four medtech companies to produce 8,000 ventilators to fight the COVID-19 pandemic. The contract is with Combat Medical Systems, Hamilton Medical, Vyaire Medical and Zoll Medical, according to the agency. Shipments may begin in a few days with time-phased delivery […]
How are U.S.-based ventilator companies doing?
The U.S. is one of many countries facing new restrictions, quarantines and, due to high demand, shortages of important medical equipment to help combat the coronavirus pandemic. As hospitals and healthcare facilities report the need for more equipment, and with the government potentially invoking a statute that could ramp up protective equipment manufacturing even more, […]
Hamilton Medical, Draeger win DoD deals
The U.S. Defense Dept. said yesterday that Hamilton Medical and Draeger won Pentagon contracts worth $75 million and $60 million, respectively. Hamilton Medical won a contract with the agency for patient monitoring and capital equipment systems and accessories, the DoD said. The company topped 36 other companies for the contract. The five-year base contract with […]
Hamilton Medical recalls ventilators over software glitch
Swiss device maker Hamilton Medical is recalling more than 4,300 ventilators due to a software failure that shuts off the machines, according to the FDA. Hamilton G-5 ventilators manufactured between November 29, 2007 and October 31, 2018 may display a “panel connection lost” error message that causes the machine to stop working and leaves patients […]
Cardinal Health, Hamilton Medical, Zoll Medical score DoD contracts
Cardinal Health (NYSE: CAH) will receive $29.2 million under a new U.S. Department of Defense contract, with Hamilton Medical and Zoll Medical also securing contracts in the tens of millions of dollars. Cardinal Health’s contract win, announced Sept. 29, comes nearly eight months after Dublin, Ohio–based Cardinal Health secured a $2.25 billion surgical supplies contract […]
FDA: Class 1 recall of Hamilton Medical G5 Ventilators
The FDA today issued a recall notice for Hamilton Medical‘s G5 Ventilator due to issues with ventilation and alarm failure. The federal watchdog labeled the recall as a Class I, the most serious type of recall issued by the FDA, which indicates “there is a reasonable probability that use of these products will cause serious adverse […]
Hamilton Medical wins $37M U.S. Defense Dept. deal
The U.S. Defense Dept. said it awarded Hamilton Medical a $37.4 million contract for ventilation systems.
The contract, expected to end in 2018, calls for the Swiss ventilation device maker to deliver from its catalogue of 118 ventilation systems and related accessories, according to a press release.
Hamilton Medical recalls ventilation systems over software issue
Swiss ventilation devices maker Hamilton Medical recalled certain of its Hamilton-T1 ventilators over concerns that a software glitch may harm pediatric patients.
The FDA gave the recall Class I status, a category reserved for device malfunctions "in which there is a reasonable probability that use of these products will cause serious adverse health consequences or death."
