RMD 2.97% $36.25 resmed inc

An extract from an ABC new article today. Quoted from Alan...

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    An extract from an ABC new article today. Quoted from Alan Finkel, Australia's chief scientist.

    We have one of the world's greatest ventilator companies, with a large manufacturing plant in Sydney: ResMed. Famous for its home-use sleep apnoea machines, ResMed also produces hospital grade ventilators. One for ICU invasive ventilation and the other for less urgent non-invasive ventilation.The non-invasive ventilators provide oxygen via a mask for less critically ill patients and to patients being weaned off invasive ventilation. However, in an emergency, a non-invasive ventilator can be used at the physician's discretion for invasive ventilation of some patients.Both are approved by Australia's Therapeutic Goods Administration. Orders have been placed with ResMed for both — 500 invasive ventilators and 5,000 non-invasive machines, and deliveries will start soon.An extract from an ABC article today quoting Alan Finkel, Australia' chief scientist.

 
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