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Demand for COVID-19 tests exceeds production: Roche
The drugmaker has said that it aims to more than double production of antibody tests to well over 100 million a month by the end of the year.
Vienna: Swiss drugmaker Roche is unable to meet the demand for molecular tests to identify active COVID-19 infections, its chairman told Swiss daily Tagesanzeiger.
"The demand exceeds our production," Christoph Franz was quoted as saying in Saturday's paper. The decision on where tests were shipped to depended, among other things, on infection rates and the availability of diagnostic equipment.
Demand for its antibody tests, which determine whether people have ever been infected with the coronavirus, can be met as Roche has been boosting production, he said.
Read also: Roche, Entero Healthcare join hands for key nephrology drugs
Franz said that Roche had started research on a potential drug to treat COVID-19 but added that these efforts were at a very early stage.
Headquarters in Basel, Roche is a multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics.
Read also: Roche, Cipla collaborate for key oncology drugs
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751