March 17, 2020 / 4:03 PM / 13 days ago

BRIEF-Getinge Increases Production Capacity Of Ventilators With 60% To Support The Needs Of Global Intensive Care Units

March 17 (Reuters) - Getinge AB:

* GETINGE INCREASES PRODUCTION CAPACITY OF VENTILATORS WITH 60% TO SUPPORT THE NEEDS OF GLOBAL INTENSIVE CARE UNITS

* HAS SINCE OUTBREAK OF COVID-19 PANDEMIC SEEN AN INCREASED GLOBAL DEMAND FOR VENTILATORS, EXTRA CORPOREAL LIFE SUPPORT (ECLS) EQUIPMENT AND ADVANCED MONITORING FOR INTENSIVE CARE UNITS

* TO MEET GLOBAL DEMAND GETINGE WILL TEMPORARY INCREASE ITS PRODUCTION OF VENTILATORS BY 60% IN 2020 COMPARED TO 2019 AT ITS PRODUCTION FACILITY IN SOLNA, SWEDEN

* EXPECTED INCREASE IN DEMAND AND PRODUCTION CAPACITY OF VENTILATORS IS EXPECTED TO BE ACCRETIVE TO GETINGE’S RESULT Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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