The Puritan Bennett 560 (PB 560) ventilator [Image courtesy of Medtronic]
Medtronic (NYSE:MDT) and Foxconn said today they will boost ventilator production to 10,000 over the next year at Foxconn’s Wisconsin plant.
The companies announced in April that Foxconn would begin production of Medtronic’s Puritan Bennett 560 ventilators at the plant in Mount Pleasant, Wis., with a goal of 400 ventilators per week by the end of April and 700 per week by the end of May. These were in addition to the 1,000 per week that Medtronic projected manufacturing on its own by the end of June. Medtronic will market and sell the ventilators made in Foxconn’s plant under its own name.
Get the full story on our sister site, Medical Design & Outsourcing.