Xerox plans to make low cost, disposable ventilators [MSNBC.com]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: MSNBC.com
WASHINGTON — Xerox, known for making copies, is set to announce Monday that it will be “rapidly scaling up” production of inexpensive, disposable ventilators that could serve as a critical stopgap for hospital-grade ventilators now in short supply amid thecoronavirus pandemicXerox confirmed to NBC that it has a deal withVortran MedicalThe companies aim to produce 150,000 to 200,000 devices a month by June and could produce as many as 1 million ventilators in the coming months. They project making 40,000 ventilators this month alone. The Go2Vent is already FDA approved, has been on the market for years, doesn’t require electricity and is relatively inexpensive.Xerox plans to charge hospitals approximately $120 per unit.“The partnership with Xerox has one clear goal — to help save as many lives as possible,” Vortran's co-founder and CEO, Gordon A. Wong, MD, said in a statement. “For all of us, this will be the most important thing we ever do."Xerox Corp. headquarters in Norwalk, Conn.,
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- 10/23/25 - Beat
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