"This is unprecedented": The world's largest medical technology giant publicly shares the specifications of the respirators • Meaning: billions of dollars in revenue waiver
A respiratory machine in an outbreak department at Assuta Ashdod Hospital // Photo: Liron Moldovan
One of the most prominent things in the Corona crisis is the lack of necessary medical equipment, and the machines of the soul in particular. Almost all countries severely affected by the outbreak of the virus are in the race to develop cheap and efficient respirators. Omar Isherak CEO of Medtronic World, the world's largest medical technology maker, announced on Monday that the company will publicly share the design specifications of the Puritan Bennett (PB) 560 respirator.
The goal of this extraordinary step is to enable manufacturers from all over the world to quickly create respirators to meet global demand and to assist Corona physicians and patients without fear of infringing patents. "This is an unprecedented course," says Yaron Yitzhari, CEO of Medtronic Israel. "I am proud to be part of a value-driven company that works and is guided to save and extend lives."
"Medtronic recognizes the acute need for respirators as life-saving devices in managing corona infections. We know that this global crisis needs a global response. Over the past few weeks, we've doubled our Puritan Bennett (PB) 560 production capabilities. But we also know we can do more," he said. Bob White, senior vice president and president of a minimally invasive therapy group at Medtronic.
The PB 560 respirator was introduced to the world in 2010 and sold in 35 countries around the world. Medtronic's patent, which also employs more than 86,000 people, is the compact and lightweight respirator, which provides respiratory support for both adults and children and allows the device to be used in clinical settings and provides mobile respiratory support.
And that is not all, Yitzri adds that in Israel the company has initiated another move and is the treatment, repair and return of the use of old respirators and corrections. "We have transformed a general repair lab into a dedicated ventilation repair laboratory to serve as a workshop for repairing ventilators in Israel. We have already repaired dozens of machines at no cost and we invite all hospitals and healthcare institutions to send us valid machines. "