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...“ResMed is clearly a beneficiary,” said Phelps, noting that Philips would likely bounce back given that distributors would be reluctant to rely too heavily on one supplier....
...That’s if you can still buy them — the machines that Musk and Tesla appear to have delivered to New York are the ResMed S9 Elite, which have now been discontinued....
...Those sound to us more like the ventilators we had in mind when he first announced his donation (the discontinued ResMed BPAP machines he had delivered cost no more than about $800 each)....
...ResMed was founded in Australia in 1989 but is now based in San Diego. There are other territories in the Asia-Pacific region, such as Japan and India, spawning successful life science businesses....
...It was the second-best performer in the benchmark S&P 500, behind a 17.7 per cent gain for ResMed....
...ResMed, a manufacturer of medical devices and which derives about 62 per cent of revenue from the US, was down 0.8 per cent on the ASX....
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