Innovation has been ResMed Inc.'s hallmark.
Founded by Mick Farrell's father, Peter Farrell, in 1989 as the pioneer of the first positive airway pressure (CPAP) machine, ResMed is now developing and selling equipment for sleep-related breathing disorders, COPD and other respiratory conditions and portable oxygen concentrators. Most recently, ResMed also ventured into the software as a service (SaaS) business, supporting the growth for its existing home medical equipment businesses, the main revenue-driver
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