Canadian tech companies that pivoted to making ventilators are drawing global interest

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

At least one Canadian company plans to stay in the ventilator business, while another doesn\u0027t see a long\u002Dterm opportunity

The company already had a small health-care division. Its ventilator is a “fully brand-new design,” and 70 per cent of the components for the core unit are made in Canada, according to Grenier. Parts like the tubing that connects the device and patient proved harder to source domestically.

Ottawa’s order. They’re also working on a second version of the device, which Grenier predicted will be “quite competitive on the international market.”that ventilators would “definitely not” be a long-term business for the company. That’s changed. “Definitely, in terms of ventilator, our intent is to stay in this market,” Grenier toldlast week.

Grenier said CAE is discussing its ventilators with governments in South America, eastern Europe and Asia, although he declined to identify specific countries. Other firms getting such calls aren’t planning to keep making the devices post-pandemic. StarFish Medical, a Victoria-based device design and contract manufacturing firm, has also received international interest in its machine, according to CEO Scott Phillips.on a model created by former University of Manitoba professor Dr. Magdy Younes.

The federal and Ontario governments placed their ventilator orders in early April, part of major procurement efforts to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That's very strange because most Covid-19 patients die if they get a ventilator Hypoxia

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines