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Stock impact report

Car Companies Are Making Ventilators, But Ventilator Companies, Hackers And CPAP Companies Are Working Harder [Forbes]

ResMed Inc. (RMD) 
Last resmed inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Forbes
Screen from a modified CPAP machine "jailbroken" to offer additional modesAirBreakThe treatment of last resort for Covid-19 victims with breathing problems is an invasive ventilator. It’s a horrible treatment, and only a fraction of those placed on it survive, but usually people only go on it if they would suffocate without it. In places that are having the worst outbreaks, there is a shortage of ventilators. In Italy, there are reports of people being sent home — to probably die — because there was not a ventilator and other needed care for them. When times were very uncertain, some forecasts suggested that as many as 900,000 ventilators would be needed — with only around 200,000 available in current supply. Globally, that would predict a need for millions of emergency ventilators.To meet that shortfall, most ventilator companies started ramping up production as high as they could. Unfortunately, these devices are expensive and specialized and usually sold in fairly small volumes. As Show less Read more
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