As part of the medical technology industry’s multi-front battle to combat the coronavirus (COVID-19) pandemic, the Advanced Medical Technology Association (AdvaMed) announced the launch of a new platform (www.VentConnect.org) to connect ventilator companies with component suppliers to help quickly scale production and distribution of these vital devices.
The new platform was developed pro bono with the Aerospace Industries Association (AIA), Google, and other industry alliances and partners. AIA represents more than 300 high-tech manufacturers and suppliers of all sizes across a range of sectors. AdvaMed is the world’s largest medical technology association, representing more than 400 companies, including ventilator manufacturers. In addition to AIA members, more than 50 companies – such as Stanley Black & Decker, and Arrow Electronics – from a range of industries are contributing as suppliers to VentConnect.
“The medical technology industry is stepping up to meet the unprecedented demand from hospitals and patients across the country for ventilators,” Scott Whitaker, AdvaMed president and CEO, said. “Our companies have added shifts, started new production lines, and hired new workers so that soon our capacity will be tenfold what it was before the pandemic. But to keep producing these life-saving devices, our member companies need a steady stream of key components from beyond the normal supply chain, and that’s where this new online platform developed with the AIA and Google will be of tremendous value. We thank the Aerospace Industries Association for their creativity in striking up this collaboration – and we thank Google for so generously offering to build this valuable, powerful resource pro bono.”
Ventilator manufacturers can sign up on the VentConnect site and create secure spreadsheets identifying parts and components that are in short supply. Suppliers wishing to help complete a brief application on their company’s capacity and materials. Manufacturers can review supplier applications and decide whether to share their supply list needs. The manufacturer and supplier can then separately choose whether to enter an agreement to provide the needed materials.
While the immediate objective of the new platform is to support the production of ventilators and vent-critical devices that may have parts and materials constraints, the platform – VentConnect.org – may serve to address additional challenges that may arise related to ventilator logistics, distribution or other operational needs.
