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Stock impact report

Medtronic gets emergency authorization to sell compact ventilator in the U.S. [MarketWatch]

Medtronic plc. Ordinary Shares (MDT) 
Last medtronic plc. ordinary shares earnings: 2/18 06:45 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.medtronic.com
Company Research Source: MarketWatch
Medtronic Plc said late Wednesday it has received an OK from the U.S. Food and Drug Administration to offer one of its ventilators in the U.S. by May. The device, described as a lightweight, compact model suitable for clinical and in-home uses, was introduced in 2010 and is sold in 35 countries around the world, Medtronic said. The compact ventilator sells for under $10,000 on average, the company said. In the same statement, Medtronic said it is making "solid progress" in the ramp-up of its ventilator production, as well as in "collaborating with technology partners and governments to drive new ventilator innovation and production, all in support of COVID-19 patients worldwide." Shares of Medtronic were flat in the extended session after ending the regular trading day up 5%. Show less Read more
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