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MUCH ADO ABOUT INNOSON
In summary, N4Billion loan is least of the issues. It'll be hard to take Innoson serious, if the quest is to have ventilators produced as quickly as possible. Truly, Innoson can repurpose its assembly, if we can wait to get ventilators from after 6 months.
Innoson claimed it can start making ventilators in 90 days!
Except Innoson knows what car manufacturers like GM & Tesla, that makes sophisticated car HVAC, & SpaceX that makes life support systems for rockets, don't know; Innoson making ventilators in 6 months is over optimistic.
Car makers that are already making ventilators are doing so by patenting designs and know-how from companies renowned for making ventilators, ab initio. With all resources in-country in the US, it took 76 days for them to start making and testing as little as 100 ventilators. 🙂
I'm discombobulated 😉 that Innoson ventilators talk began with a N4Billion loan.
Innoson needs to prove his plant is adaptive, prove he has designs or maker partners, show how it will certify & test its product as fit for use on humans, and how long it will take it to scale up.
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