Sweden's Getinge to deliver 500 ventilators to Italy as demand rockets [Reuters]
GETINGE AB UNSP/ADR (GNGBY)
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Source: Reuters
Sweden's Getinge to deliver 500 ventilators to Italy as demand rockets STOCKHOLM (Reuters) - Swedish medical equipment group Getinge ( GETIb.ST ) will deliver 500 ventilators to Italy, its chief executive told Reuters on Monday, as a growing number of countries rush to buy the machines to treat people worst hit by the coronavirus outbreak. As Europe becomes the epicenter of the outbreak, authorities are becoming increasingly concerned about a potential lack of ventilators, which are used to keep people alive if they are struggling to breathe. Italy, which has been hardest-hit by the coronavirus outbreak, has tendered for 5,000 ventilators and other desperately needed medical equipment. “Our annual production last year was 10,000 so it’s an extremely big tender. We could only bid for 500 ventilators, and we have now received confirmation that we will deliver,” Getinge CEO Mattias Perjos said in an interview. Getinge, whose rivals include Draegerwerk ( DRWG.DE ) and privately held H
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