Hungarian company Femtonics Kft. has started a large-scale investment for the development of its Covid-19-specific ventilator and diagnostic manufacturing capacity in Kővágószőlős, near the city of Pécs.
The company received a conditional reimbursement of HUF 731.80 million in EU funding and allocated a total of HUF 914.75 million for the development.
The project aims to provide the necessary conditions for the domestic production of exportable Hungarian medical technology and medical diagnostic products, including the company’s LUCA ventilator and its ultra-fast Femto-ID Covid test. As a result of the development, it will be possible to produce the critical components of the ventilator family and Covid-19 tests developed in Hungary, according to the company.
In a statement, Femtonics said that the 250-square-meter manufacturing facility, which was set up for medical technology research and production, will provide the opportunity to conduct neuroscience research, including laser microscopy measurements, and to manufacture mechanical components. The production line can also manufacture ventilator components and chip components for Covid tests, with built-in EU quality control processes.
Femtonics Research and Development Kft. is an innovative and fast-growing spin-off company founded in 2005 by researchers of the Hungarian Academy of Sciences, focusing on the development, production, and export of state-of-the-art two-photon microscopes optimized for neuroscience research and R&D activities.
via MTI
Featured image illustration by Márton Mónus/MTI
