B. BRAUN INVESTS $1 BILLION USD IN IV FLUIDS

Medical products manufacturer B. Braun Medical is making a $1 billion investment to expand its U.S. production of IV products.

Why this matters: Healthcare providers are suffering from a shortage of critical medical equipment including IV fluids. This investment will allow B. Braun to double its production of saline bags, which are used to easily administer medications.

Notable quotes: “Our commitment to the U.S. market from the U.S. market will have an increased security supply for [hospitals] looking forward.” – CEO Caroll Neubauer