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| Re: Long term political and economic impacts of the pandemic (1714339) | |||
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Re: Long term political and economic impacts of the pandemic |
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Posted by Stephen Bauman on Sun Apr 5 20:44:51 2020, in response to Re: Long term political and economic impacts of the pandemic, posted by Charles G on Sun Apr 5 19:05:33 2020. I am of the opinion that private industry is always better than government at responding quickly to a challengeThe ventilators were to cost less than $3,000 each...Newport, which was owned by a Japanese medical device company, only made ventilators. Being a small, nimble company, Newport executives said, would help it efficiently fulfill the government’s needs...Covidien, a large medical device manufacturer, agreed to buy Newport...already sold traditional ventilators...Developing inexpensive portable ventilators no longer seemed like a top priority. |
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