Medtronic (MDT -0.6%) announces that
a business group within Foxconn Technology Group has completed the
regulatory requirements to begin manufacturing the Medtronic Puritan
Bennett 560 ventilator at its Wisconn Valley Science and Technology Park
in Mount Pleasant, WI. The production target is 10K units over the next
year.
Medtronic will market and sell the device. It has shared
design specs, service manuals and other information online since late
March aimed at enabling other firms to make the product to meet
COVID-19-related demand.
https://seekingalpha.com/news/3584199-medtronic-to-boost-production-of-ventilators-via-foxconn-deal
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