Siemens Healthineers Ramps Up Rapid Coronavirus Test Output

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WATCH: CEO Bernd Montag says Siemens Healthineers AG will “rapidly ramp up” production of its 15-minute coronavirus tests this month.(Source: Bloomberg)

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By Christoph Rauwald and William Wilkes

November 2, 2020 at 6:07 AM UTC

Updated on

November 2, 2020 at 7:40 AM UTC

This article is for subscribers only.

Siemens Healthineers AG will ramp up production of its 15-minute coronavirus tests this month with sales of its other health-care products and services expected to grow even as fresh lockdowns threaten to disrupt treatment programs.

The German company will ship some 30 million of its rapid virus tests -- seen by some as a game-changer in allowing economies to open up -- from mid-November and “rapidly ramp up” afterward, Chief Executive Officer Bernd Montag said Monday.