Duane Roth was a beloved San Diego community leader and friend. He knew San Diego was destined to do incredible things and pushed us every day to fulfill our potential. To honor his legacy, we created the Duane Roth Renaissance Award in 2014 to honor an organization whose work is creating outstanding inventions, innovations or breakthroughs that have changed and improved the world around us – the same way Duane looked to improve San Diego.
We are deeply honored to announce ResMed as the 2019 Honoree of the Duane Roth Renaissance Award, presented by Pradeep Khosla, Chancellor of UC San Diego.
ResMed was founded in San Diego in 1989 and has become a world leader in cloud-connectable medical devices and software, transforming care for people with sleep apnea, COPD and other chronic diseases. Meanwhile, its comprehensive out-of-hospital software platforms support the professionals and caregivers who help people stay healthy in their home or care setting of their choice. ResMed has quickly become the gold standard in remote and self-monitoring software, with more than eight million patients worldwide remotely monitored by clinicians. Its monitoring tools are shown to increase patients’ therapy adherence rates and clinicians’ business efficiencies.
Revenues for ResMed’s first fiscal year in 1990 were less than $1 million, and there were only 9 employees. Today, ResMed is an S&P 500 company with a market cap exceeding $10 billion and yearly revenues above $2 billion. It employs more than 6,000 people globally and operates in more than 120 countries.
Dedicating seven percent of annual revenue to research and development, ResMed is committed to advancing innovative technology in sleep and respiratory medicine, to commercializing innovative products that incorporate these technologies around the world, and exercising the highest standards of ethics and quality at all times.
Please join us at SeaWorld on May 2 to celebrate ResMed and more. Get your tickets.