GM, Philips to supply 73,000 US ventilators in US$1.1 billion effort

Singapore News News

GM, Philips to supply 73,000 US ventilators in US$1.1 billion effort
Singapore Latest News,Singapore Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

The U.S. Health and Human Services Department (HHS) on Wednesday awarded two contracts worth more than US$1 billion to make ventilators needed to ...

WASHINGTON: The U.S. Health and Human Services Department on Wednesday awarded two contracts worth more than US$1 billion to make ventilators needed to treat severely sick coronavirus patients and plans to announce five additional contracts later this week.

Last week, U.S. President Donald Trump issued an order under the Defense Production Act to facilitate the supply of materials to produce ventilators to Philips, General Electric Co , Hill-Rom Holdings Inc , Medtronic Plc , ResMed Inc and Vyaire Medical Inc. HHS plans to announce contracts with those firms later this week, the agency said.

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:

ChannelNewsAsia /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan declares COVID-19 emergency, prepares nearly US$1 trillion stimulusJapan declares COVID-19 emergency, prepares nearly US$1 trillion stimulusTOKYO: Japanese Prime Minister Shinzo Abe on Tuesday (Apr 7) declared a state of emergency to fight new COVID-19 infections in major population ...
Read more »

Jack Dorsey pledges US$1 billion of his Square equity for COVID-19 relief effortsJack Dorsey pledges US$1 billion of his Square equity for COVID-19 relief effortsSquare Inc and Twitter Inc chief executive officer Jack Dorsey said on Tuesday that he pledged US$1 billion of his equity in the payments ...
Read more »

Coronavirus: Twitter's Jack Dorsey pledges US$1 billion for relief effortCoronavirus: Twitter's Jack Dorsey pledges US$1 billion for relief effortSAN FRANCISCO (AFP) - Twitter co-founder Jack Dorsey said on Tuesday (April 7) he was committing US$1 billion (S$1.4 billion) of his personal fortune to coronavirus relief through his philanthropic fund.. Read more at straitstimes.com.
Read more »

Airbnb to terminate US$1 billion credit facility after private equity deal: sourcesAirbnb to terminate US$1 billion credit facility after private equity deal: sourcesAirbnb Inc is planning to terminate a US$1 billion credit facility following an investment of the same amount it secured from private equity firms ...
Read more »

Twitter's Jack Dorsey pledges US$1 billion for COVID-19 relief effortTwitter's Jack Dorsey pledges US$1 billion for COVID-19 relief effortSAN FRANCISCO: Twitter co-founder and chief executive Jack Dorsey said on Tuesday (Apr 7) he was committing US$1 billion of his personal fortune ...
Read more »



Render Time: 2025-04-06 19:28:57