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James Lico on infection prevention

From Fortive CEO on sterilizing masks · · CNBCTelevision

“I think our ASP business is really an expert in infection prevention, principally sterilizing surgical instruments and equipment in the hospital. There's going to be opportunities for more sterilization, but right now we're focused on the incredible work our inventors and our medical affairs team did at ASP to quickly create the process so hospitals could turn that capacity on today.”

Policy Impact infection preventionmedical affairsinnovationbusiness opportunity

On , James Lico, Advisor at Fortive Corp, spoke about infection prevention during Fortive CEO on sterilizing masks on CNBCTelevision.

Fortive CEO on sterilizing masks
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Fortive CEO on sterilizing masks
CNBCTelevision
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Jim Lico, Fortive President & CEO, joins "Closing Bell" on his company's advanced sterilization products to fight the coronavirus outbreak. For more coronavirus live updates: https://www.cnbc.com/2020/04/16/coron... For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2JdMwO7 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC #CNBC TV
James Lico

About James Lico

Advisor · Fortive Corp

In April 2020, Lico discussed Fortive's efforts to address the PPE shortage during the COVID-19 pandemic. He stated that the company's ASP business was using existing hospital sterilization systems to decontaminate N95 masks in 95 minutes, turning on capacity created by reduced elective surgeries. Lico described the process as a local issue, noting that Fortive had authorizations in the U.S., Europe, and Japan, and that masks could be sterilized twice after initial use, potentially enabling millions of masks of daily capacity. He emphasized that the company was focused on helping frontline workers. In a 2018 discussion, Lico spoke about innovation at Fortive, describing work with growth accelerator teams to develop new ideas. He said the company aimed to understand customer pain points to create "off the beaten path" solutions and was exploring a centralized "port" to provide shared skills, such as data science, to operating companies while keeping innovation close to customers. Lico acknowledged that innovation was "a little messy" and emphasized the importance of fast-cycle prototyping and experimentation.

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