Data:
After NY forced to dangerously split ventilators between patients, US awarded top-five ventilator contractors $2.3B. Four ($1.9B) have a foreign parent/owner in these countries: 🇳🇱🇨🇭🇬🇧🇯🇵
My latest @CourthouseNews courthousenews.com/if-us-is-king-…
You can browse the largest awards yourselves on the USASpending database, where the top one for ventilators, at +$646 million, went to Philips North America on April 8.
That's a subsidiary of Dutch giant Royal Philips.
usaspending.gov/#/keyword_sear…
Dateline: Amsterdam. usa.philips.com/a-w/about/news…
Hamilton Medical: +$551M (Swiss 🇨🇭)
Vyaire Medical: +$407M (owned by British private equity firm Apax Partners 🇬🇧)
Zoll Medical: +$350M (part of Japan’s Asahi Kasei Group🇯🇵)
The database shows two big contracts this month: $336M and ~$64.1M.
- Joint statement from these six groups apsf.org/news-updates/j…
On March 30, a ProPublica investigation highlighted a Philips subsidiary's record using millions in taxpayer money five years ago for ventilators that the company then sold abroad. propublica.org/article/taxpay…