Royal Philips’ $646M Deal: US Govt Uses Defense Production Act To Order 45,500 Ventilators
Five other ventilator manufacturers will also get contracts within the “coming week,” Department of Health and Human Services says
Philips will make 43,000 medical ventilators by the end of 2020 for use in the US and manufacture 2,500 more for the Strategic National Stockpile in a contract worth more than half a billion dollars.
