Hong Kong biotech start-up at forefront of coronavirus fourth wave ‘firefight’ aims to increase rapid test kit output to meet surging demand

//Hong Kong biotech start-up at forefront of coronavirus fourth wave ‘firefight’ aims to increase rapid test kit output to meet surging demand

Hong Kong biotech start-up at forefront of coronavirus fourth wave ‘firefight’ aims to increase rapid test kit output to meet surging demand

Hong Kong-based medical diagnostics start-up Phase Scientific aims to quadruple the monthly production of its self-developed rapid Covid-19 test by next month to cope with surging demand.It plans to raise its monthly output from 500,000 tests currently to 2 million next month and 10 million by the second quarter of next year, which will allow it to also meet orders from overseas, many of them from Europe, said chairman Ricky Chiu Yin-to.The company, whose backers include Bill Gates and the…

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By | 2020-12-24T10:42:37+00:00 December 24th, 2020|Business|Comments Off on Hong Kong biotech start-up at forefront of coronavirus fourth wave ‘firefight’ aims to increase rapid test kit output to meet surging demand