FT News Briefing The ventilator challenge, stimulus questions
Mar 30, 2020
Manufacturers are racing to produce crucial ventilators as COVID-19 hits hard, facing major logistical and regulatory hurdles. The complexity of shifting production lines for seasoned companies is a daunting challenge. Meanwhile, U.S. businesses are left scratching their heads over accessing a vast pool of government stimulus funds. In Italy, the shadow workers remain vulnerable, highlighting a glaring gap in the safety net during an economic crisis. The conversation uncovers the intersections of healthcare, industry, and economics amid unprecedented demands.
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Ventilator Shortage and Production Challenges
- Ventilator demand drastically outstrips supply, even with increased production from major manufacturers like Draegerwerk.
- Repurposing factories for ventilator production faces regulatory hurdles and logistical challenges.
Industry Giants Join Ventilator Production Effort
- Established medical device companies have limited production capacity, leading to big names like Ford, GM, Dyson, and Rolls-Royce stepping in.
- These companies offer design and production expertise to address the surge in demand.
Challenges in Repurposing Factories for Ventilators
- Repurposing factories for ventilator production isn't simple due to regulations and logistical complexities.
- Regulatory approvals, component sourcing, and production line setup all take considerable time.