The FDA has granted four companies’ ventilators emergency use authorization this week to treat COVID-19 patients, as well as a fifth company’s anesthesia gas machine for use as a ventilator. Gaining the latest EUAs were machines by Medtronic (NYSE:MDT), Draeger, MEK-ICS, Ventec Life Systems, and startup CoLabs. One of those EUAs went to Medtronic’s Puritan Bennett […]
Medtronic
DeviceTalks Weekly: Ep.4 — What does Medtronic’s Puritan reveal mean for medtech?
What does Medtronic’s Puritan reveal mean for medtech? Medtronic earned plaudits and praise for sharing the design specifications for its Puritan Bennett 560 (PB560) ventilators. But will the gesture actually lead to more ventilators being manufactured? In this episode of DeviceTalks Weekly, we’ll talk with experts who will tell us what the plans do and […]
Foxconn to produce Medtronic ventilators in new Wisconsin plant
Medtronic (NYSE:MDT) CEO Omar Ishrak said yesterday that the medtech giant is partnering with Foxconn Technology Group to manufacture ventilators at Taiwan-based Foxconn’s plant in Wisconsin to treat the sickest COVID-19 patients. In an interview with CNBC, Ishrak said he didn’t know how many ventilators the deal will produce, but said production will begin in the […]
Nortech, Minnetronix may start building ventilators
Two Minnesota medtech contract manufacturers are taking a hard look at producing ventilators, including one from the plans that Medtronic made public last week to address the coronavirus outbreak. Maple Grove-based Nortech Systems (NSDQ:NSYS) told Medical Design & Outsourcing it is seriously considering starting to produce the machines based on the design specifications of Medtronic’s Puritan Bennett 560 (PB 560) […]
Elon Musk criticized for donating sleep apnea ventilators
Tesla co-founder & CEO Elon Musk is receiving criticism after the more than 1,000 ventilators he donated for COVID-19 relief were reportedly not the specific kind for use in intensive care units. According to a report in the Financial Times, among the 1,255 donated FDA-approved ventilators from ResMed (NYSE:RMD), Philips (NYSE:PHG) and Medtronic (NYSE:MDT) that were part […]
Trump uses DPA to boost supplies to certain ventilator manufacturers
President Donald Trump yesterday invoked the Defense Production Act to reduce supply-chain problems for certain manufacturers to produce ventilators. In the executive order, the president gave the secretaries of the departments of Health & Human Services and Homeland Security the power to secure materials for General Electric (NYSE:GE), Hillrom (NYSE:HRC) , Medtronic (NYSE:MDT), ResMed (NYSE:RMD), Philips (NYSE:PHG) and Vyaire Medical. Ventilator […]
Medtronic’s Pipeline Flex recall is Class I
The FDA has labeled a recall for the Medtronic (NYSE:MDT) Pipeline Flex embolization device and Pipeline Flex embolization device with Shield technology as Class I. Medtronic wrote to customers risk of device fracture in February and later issued an urgent field safety notice to warn on specific production lots. The affected Pipeline Flex devices are available […]
Tesla to reopen New York facility to manufacture Medtronic ventilators
Tesla announced that it would reopen its New York production facility to manufacture medical devices instead of solar panels to assist Medtronic (NYSE:MDT) in producing ventilators, according to the Minneapolis/St. Paul Business Journal. Medtronic CEO Omar Ishrak said in a CNBC interview that the Fridley, Minn.-based company would ramp up ventilator production and is currently making […]
BREAKING: Medtronic shares ventilator IP to combat shortages amid coronavirus
Medtronic (NYSE:MDT) is publicly sharing the design specifications of its Puritan Bennett 560 (PB 560) ventilator amid a global shortage of the devices amid the coronavirus pandemic. The shortage is dire enough that doctors are having to make life-or-death decisions about which people with severe cases of COVID-19 get a ventilator. Fridley, Minn.–based Medtronic is running […]
Medtronic responds to NY Times story about failed ventilator contract
Medtronic (NYSE:MDT) is providing additional facts in response to a New York Times report detailing an acquisition by Covidien that allegedly changed the course of a government contract designed to increase ventilator supply, now a major problem amid the coronavirus pandemic. Medtronic bought Covidien for $50 billion in 2015 — years after the events described in the […]
Medtronic launches COVID-19 monitoring system
Medtronic Care Management Services is launching two new software programs for assessing, monitoring and triaging people concerned about COVID-19 and potential symptoms. The MCMS COVID-19 virtual care evaluation and monitoring system — which Medtronic (NYSE:MDT) announced late last week — is now available to U.S. health systems, plans and employers. It follows the company’s launch of […]