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ResMed Inc (ASX: RMD) is a United States based business that develops and manufactures medical devices to help people with sleep apnea, chronic obstructive pulmonary disease (COPD) and other chronic diseases. ResMed, which is short for Respiratory Medicine, was founded in 1989 by Dr Peter Farrell and now helps customers & patients in over 120 countries.
Shares of the leading Australian biotechnology company ResMed Inc. (CHESS) (ASX:RMD) bounced 8% on Tuesday following a bumper quarterly report.
