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The US paid millions of taxpayer dollars to a company for thousands of much-needed ventilators. But the company is busy selling more expensive models abroad

1 month ago   |   By Business Insider

Millions of taxpayer dollars were spent on developing portable, easy-to-use ventilators to prepare for a national health crisis like the coronavirus pandemic - but not a single one is in the federal stockpile.
The US Department of Health and Human Services signed a $13.8 million contract with health technology giant Royal Philips N.V. to produce portable, easy-to-use ventilators to add to the federal stockpile.
Although HHS ordered 10,000 units of the ventilator in September 2019, the company began selling two higher-priced commercial versions of the same ventilator around the world.
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