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ResMed Inc.

Posted on October 31, 2020October 31, 2020

ResMed Inc. is a San Diego, California-based medical equipment company. It primarily provides cloud-connectable medical devices for the treatment of sleep apnea (such as CPAP devices and masks), chronic obstructive pulmonary disease (COPD), and other respiratory conditions.

As a top-5 global producer of hospital-to-home ventilators, ResMed has produced over 150,000 ventilators and bilevel devices to help treat the respiratory symptoms of patients with COVID-19.

ResMed also provides software to out-of-hospital care agencies to streamline transitions of care into and between these care settings for seniors and their care providers (i.e. home health, hospice, skilled nursing facilities, life plan communities, senior living centers, and private duty).

ResMed employs more than 7,500 employees worldwide as of June 2020. The company operates in more than 140 countries worldwide and has manufacturing facilities in Australia, Singapore, France, and the United States. It achieved revenues of US$3.0 billion in fiscal year 2020.

Traded as:           NYSE: RMD;     S&P 500 component;    ASX: RMD

Industry:              Medical

Founded:            1989

Founder:             Peter C. Farrell

Products:             Medical equipment for sleep-disordered breathing and other respiratory disorders

Website:              www.resmed.com  

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