Business History of ResMed: Link

[Velbor]

Just found a readable (and enjoyable) business history of ResMed:

http://gsbapps.stanford.edu/cases/docum ... d/SM97.pdf

from Stanford Graduate School of Business. A bit dated (written in early 2002), it nonetheless paints a very engaging picture of ResMed's "early years." And where else could you find a delightful quotation from a ResMed executive like this:

If 10% of the population suffers from OSA, how can you build enough sleep labs
to handle potentially 30 million people in the United States alone? You couldn’t
build enough sleep labs in 100 years. And I’ll tell you exactly the model that’s
going to unfold here. There’s a huge amount of under-diagnosis, through
physicial ignorance; that will change in the future. But to talk about “certainty”
of diagnosis for sleep is nonsense — if you have a device which is hugely, hugely
effective and does no harm if you get it wrong, why do we need diagnostic
certainty? The only way you can get injured by one of our machines, at least the
low level ones, is if somebody picks the goddamn thing up and slams you over the
head with it. (page 15)

Enjoy! Velbor

[dsm]

Velbr,

Great find, the best & most comprehensive story I have read thus far & expalins why Respironics got in a couple of years ahead of Resmed with Sullivan's invention (they just took the idea & copied it)

I knew the Baxter side of the story but didn't know of the lawsuits between Resmed & Respironics. Irrespective of the legal matters, both companies have done very well out of the invention.

DSM

[RipVW]

Great story, and I do love the quote you presented! Thanks for finding this and sharing it with us all!

[Velbor]

The odd thing is that I stumbled across this article while looking (unsuccessfully) for patent information about Fisher & Paykel's Ambient Tracking system. You might note on page 17 that it lists the 1992 introduction of the "HC100 active humidifier" in a way that suggests it was originally a "ResMed" product. Yet, F&P's web site states that "Fisher & Paykel entered the respiratory care market in 1971 with the development of a unique respiratory humidifier system for use in critical care." I'd be curious to know a bit more about the history of F&P, and their relationship (if any) to ResMed.

Introductory material "higher up" on the Stanford site (as well as the subfile "Restricted" in the link name) indicates that public access to this article may be unintentional, and perhaps temporary. Copy the file while you can!

Velbor

[RipVW]

Yes, this is a good one! I saved the pdf file. Thanks again!

[Slinky]

GREAT find, Velbor!!!! Thank you!

[dsm]

The odd thing is that I stumbled across this article while looking (unsuccessfully) for patent information about Fisher & Paykel's Ambient Tracking system. You might note on page 17 that it lists the 1992 introduction of the "HC100 active humidifier" in a way that suggests it was originally a "ResMed" product. Yet, F&P's web site states that "Fisher & Paykel entered the respiratory care market in 1971 with the development of a unique respiratory humidifier system for use in critical care." I'd be curious to know a bit more about the history of F&P, and their relationship (if any) to ResMed.

Introductory material "higher up" on the Stanford site (as well as the subfile "Restricted" in the link name) indicates that public access to this article may be unintentional, and perhaps temporary. Copy the file while you can!

Velbor

I once worked for an F&P subsidiary (into computers) and knew the Paykel family. Because they are a Kiwi company (New Zealand) with a long standing & solid reputation in healthcare (through their healthcare div) I would not be at all surpised if the HC100 technology was licensed to Resmed in Australia as the basis for the 2i & 3i heated humidifiers. But that is just my speculation. The HC150 introduced Ambient Tracking.

DSM

[Velbor]

I have just posted on another thread some information which may be of interest regarding F&P and the HC150 humidifier and patent issues in general:

viewtopic.php?f=1&t=39828&p=352163#p352163

and would offer this link as a cross-reference.

Velbor