FDA authorizes production of a new ventilator that costs up to 25x less than existing devices [TechCrunch Blog]
Lam Research Corporation (LRCX)
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Source: TechCrunch Blog
FDA authorizes production of a new ventilator that costs up to 25x less than existing devicesDarrell Etherington@etherington/The U.S.Food and Drug Administrationauthorized the manufacture of the Coventor ventilatorThe Coventor becomes the first of these types of novel ventilator designs to earn an Emergency Use Authorization (EUA) from the FDA. Just like it sounds, an EUA isn’t a full traditional medical device approval like the drug and device regulator would ordinarily issue, but an emergency, temporary grant in the interest of helping provide access to resources in short supply, or without the usual full chain of approvals, in times of crisis.The coronavirus pandemic is potentially the best example of such a crisis in modern memory, and the respiratory illness caused by COVID-19 requires treatment including intubation and ventilator breathing support for the most severe cases. Ventilator hardware has been in short supply given the volume of cases, both in the U.S. and abroad, and a
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