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Hologic, Inc. announced today that Nanaz Mohtashami has been elected to the Company’s Board of Directors, effective September 20, 2023. Ms. Mohtashami was also appointed to the Compensation...
Their tests have been used all around the world by hospitals, clinics and other health care providers. so i decided to catch up with its big boss. steve macmillan, a real pleasure having you on my show. and steve, let's start with this, because on this week's show, we're looking at the global race for critical minerals. now, you're a tech company making medical devices, and some of these, well, some of these minerals are critical in health care technology. so, the question is, steve, how concerned are you about this tit for tat battle between china and the us and this this so—called chip war...
How tough was that, steve, and is it any better? has it improved? yeah, the chip supply chain was a massive issue for us, and it has improved. we've established much stronger relationships, directly, with the key vendors, and we're now largely behind it. and frankly, it'll strengthen us for the future because we've learned more about the supply chain of chips. but i think for us, the interesting challenge was we had just come out of the heroic efforts of covid, where we thought we had solved every supply chain issue known to mankind. and then we walked right into the chip issue, which was yet ...
Well, on that positive point, steve macmillan, the big boss of hologic, thanks very much for your time. good luck with everything and we'll talk to you again soon. thank you so much for having us, aaron. we appreciate it. well, that's it for this week's show. i hope you enjoyed it. don't forget, you can keep up with the latest on our global economy on the bbc website or the smartphone app. of course, you can also follow me on by by me. i'll by you back. thanks for watching. i'll see you soon. bye bye. hello there. certainly was quite an eventful start to our weekend with storm betty pushing no...
Of global chip demand. so it's small from a total volume standpoint, but so critical in terms of the products we make are so needed by the hospital systems and doctors around the world. before the pandemic, i mean, steve, your company was mainly mainly focused on women's health. how were you able to to pivot the business so quickly to covid testing? you know, the fascinating part is our core business literally just dried up because doctor visits stopped everything else. so we shifted the entire company or the entire diagnostics division to focus on covid. but it actually played to our core com...