Non-profit aims to get COVID-19 field tests, N95 masks and more to healthcare workers without markups

Non-profit aims to get COVID-19 field tests, N95 masks and more to healthcare workers without markups

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/03/24/non-profit-aims-to-get-covid-19-field-tests-n95-masks-and-more-to-healthcare-workers-without-markups/

A new Sydney-based non-profit volunteer organization called RapidWard launches this week, with a focus on getting critical medical supplies from producers in China to healthcare professionals, doctors, hospitals and governments worldwide who need them. The group, founded by serial entrepreneur and advisor Milton Zhou, has ample supply chain experience and recognized the need for a solution that focused on establishing distribution pathways that eschew markups in order to make supplies available at-cost.

Zhou, Australian-born founder of Chinese descent who leads Australian sustainable energy company Maoneng as CEO, has been following the coronavirus pandemic and the impact its had in terms of incurring panic buying and hoarding behaviour for much-needed medical equipment. Through existing personal connections, Zhou says that he has access to a factory in China that produces a type of test kit used broadly in that nation’s efforts to combat the spread of COVID-19 (and approved by its equivalent of the FDA).