Coronavirus Test Capacity Too Limited for Mass Screening, Warns Roche CEO
During a recent conference call with other pharmaceutical industry executives and Reuters, Roche (OTC: RHHBY) CEO Severin Schwan warned about a lack of coronavirus testing capacity.
Last week, Roche began shipping 400,000 COVID-19 tests to hospitals and laboratories across the U.S., and is prepared to continue doing so at a pace of 400,000 per week. Roche isn't the only major test manufacturer either. Earlier this week, Thermo Fisher Scientific (NYSE: TMO) said it could produce millions of COVID-19 testing kits as well in the coming weeks.
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Source Fool.com
