Lowndes Advises Airon on Ventilator Licensing Agreement with GE Healthcare and Ford
Orlando, FL – Lowndes, a Florida-based law firm, advised Airon Corporation, a privately held Florida-based company specializing in high-tech pneumatic life support products, on an agreement to license its ventilator design to GE Healthcare, which will be manufactured by Ford Motor Company.
To help meet the critical need resulting from the COVID-19 pandemic, the agreement provides for the design of Airon’s pNeuton Model A ventilator, which does not require electricity or batteries, to be licensed to GE Healthcare, with Ford providing the manufacturing capabilities to produce 50,000 ventilators in the next 100 days.
“We’re proud to help facilitate these three companies coming together for this collaborative effort on such a short timeline. This agreement will deliver much-needed life-saving ventilators to thousands of COVID-19 patients in need,” said Lowndes Shareholder Jim O’Brien.
About Airon Corporation
Airon Corporation is a team of healthcare, manufacturing and marketing professionals dedicated to bringing to market high-technology pneumatic life support products for emergency medicine and critical care, throughout the world. Established in 1997, Airon Corporation is a privately held company focused on maximizing their patented oxygen-powered gas control technology. The inherent safety and long-term reliability of this technology make their ventilators and CPAP systems unique in today’s world of electronics. All of their products are proudly made in Melbourne, Florida, USA.
Lowndes is a Florida-based law firm with a national footprint, advising clients on almost every aspect of business: from intellectual property to high-stakes, bet-the-company litigation, from complex commercial and residential real estate transactions to wealth management; from labor and employment law to healthcare; from securities, capital raising and entity formation to corporate growth and expansion locally, nationally and internationally.