ResMed CEO Mick Farrell stated Wednesday that his firm has been ramping up manufacturing of ventilators for the final 90 days, attempting to fulfill surging international demand as nations battle the COVID-19 pandemic.

Ventilators most in-demand for COVID-19 therapy push air and oxygen into and out of an individual's lungs by tubes inserted by their mouth and trachea. They might help sufferers survive and recuperate from respiratory failure attributable to the virus.

To assist deal with a shortfall amid the worldwide emergency, ResMed is in search of manufacturing assist with among the 500 parts which go into its extra refined ventilators. The corporate is fielding affords for help from among the world's largest automotive, aerospace and protection corporations, together with Tesla, Farrell stated on CNBC's "Mad Cash". 

ResMed made tens of hundreds of its high-end ventilators in 2019, and is aiming to double or triple that within the subsequent yr, and to get these ventilators to hospitals in Singapore, Italy and the...