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Stock impact report

Mexico scrambles to meet desperate U.S., European ventilator demand [Reuters]

GETINGE AB UNSP/ADR (GNGBY) 
NASDAQ:AMEX Investor Relations: getinge.com/int/about-us/investors
Company Research Source: Reuters
Mexico scrambles to meet desperate U.S., European ventilator demand MEXICO CITY/TIJUANA (Reuters) - Mexico’s medical device industry is scrambling to meet an eleven-fold jump in demand for ventilators as patients with respiratory conditions linked to the coronavirus pandemic overwhelm hospitals in the United States and Europe. At the same time as some medical instrument companies in the United States are teaming up with auto manufacturers to rapidly turn production lines over to the life-saving machines, others are retooling their factories south of the border. U.S. medical device firm Hillrom is due to start building ventilators in Tijuana, while companies such as Vyaire Medical, Fisher & Paykel and Getinge are either boosting production of auxiliary ventilator parts or other coronavirus-linked products such as masks and protective clothing. “You can’t flip a switch and turn them on overnight. But the world can’t afford for us to wait six months,” said Howard Karesh, Hillrom spokesma Show less Read more
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