Medtronic CEO Yaron Yitzhari: ‘The financial impact isn’t what counts – the main thing is to save lives’

Ventilator manufactor Medtronic gives away patents to its competitors
by Shimon Cohen
April 1, 2020

Medtronic, the world’s largest manufacturer of medical equipment, is currently receiving large amounts of attention for its ventilator. This week, the CEO of the company’s Israel division, Yaron Yitzhari, made the decision to release all of Medtronic’s patents for the production of ventilators, in order to enable any company wishing to manufacture them to use Medtronic’s blueprints, for free. Arutz Sheva spoke with CEO Yitzhari, asking him about his decision and the possible repercussions for the company. “We didn’t just release the patents,” he clarifies. “We’ve made available all the details of the manufacturing process, for anyone who’s interested in manufacturing ventilators himself.” READ MORE

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