Medtronic Increasing Ventilator Production to Address COVID-19 Pandemic
Medtronic plc. Ordinary Shares (MDT)
Last medtronic plc. ordinary shares earnings: 2/18 06:45 am
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Source: GlobeNewswire
DUBLIN, March 18, 2020 (GLOBE NEWSWIRE) -- Medtronic plc (NYSE:MDT), the global leader in medical technology, today announcedthat it will more than double its capacity to manufacture and supply ventilators, in response to the urgent needs of patients and healthcare system across the globe as we confront the COVID-19 virus. Medtronic recognizes the acute need for ventilators as life-saving devices in the management of COVID-19 infections. Ventilators can play a critical role in the management of patients with severe respiratory illness, such as COVID-19, who require assistance because they cannot breathe effectively. By placing a patient on a ventilator, the patient’s lungs are permitted to rest and recover while the ventilator performs the functions of supplying oxygen and simulating the actions of breathing. Without ventilation support, some patients with severe respiratory disease might not survive. For over 60 years, Medtronic has built its industry leading technol
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