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Replies to #7 on Resmed Inc (RMD)
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phrantic

10/12/10 12:25 AM

#8 RE: Rckhnd #7

Medical Device Maker Delivers Wake-Up Call
MANUFACTURING: ResMed, Major Rival Team Up to Educate Clinicians About Sleep Disorders


In addition to announcing record revenues recently, ResMed is teaming up with a major competitor to educate the medical community in a $1 million campaign to help reach millions of undiagnosed Americans with sleeping disorders, especially sleep apnea.

Company officials said Sept. 30 that the campaign with Respironics, another device maker, and Cephalon, a drug company, is a wake-up call to action for a public health threat that the U.S. Department of Health & Human Services said results in an estimated $16 billion annually in medical costs, not including costs associated with lost work time.

http://www.sdbj.com/news/2010/oct/11/medical-device-maker-delivers-wake-call/