Datametrex Secures Exclusive Rights For COVID-19 Saliva Test Kit In Canada, Saudi Arabia

Datametrex AI (TSXV: DM) has secured further test kits for its COVID-19 testing operation. The company this morning announced that it has secured exclusive rights to sell and distribute a COVID-19 saliva kit manufactured by Wizchem in both Canada and Saudi Arabia, as well as non-exclusive rights for the United Stated, the European Union, and the United Kingdom.

Datametrex AI's Logo

Labelled as the COVICHEK Saliva DNA/RNA Collection Kit, as well as the associated transport medium, the test kit has secured US FDA Emergency Use Authorization, as well as the CE Mark designation which enables sales within the European Union. The product is also GMP compliant.

While not currently approved for use in Canada, the test kits will be submitted to Health Canada for approval on a fast track basis. They will also be submitted to the Saudi Food & Drug Authority for approval for use in the Kingdom of Saudi Arabia on a fast tracked basis.

“Datametrex has been awarded another incredible opportunity to secure an additional medical testing device supplier from South Korea with WIZCHEM. With the second wave of COVID-19 in the United States and throughout the world, we at Datametrex believes an increase in testing capacity is critical to test, track and protect populations.”

Marshall Gunter, CEO of Datametrex AI

No consideration was paid to Wizchem to acquire the sales rights of the test kits.

Datametrex AI last traded at $0.155 on the TSX Venture.


FULL DISCLOSURE: DataMetrex AI Limited is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover DataMetrex AI Limited on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

This Gold Story Starts With Cash Flow | Gordon Robb – ESGold

Silverco Cusi Mine PEA: Bigger Isn’t Always Better

Fixing Heart Disease Tied to Sudden Death in Young People | David Elsley – Cardiol Therapeutics

Recommended

Cambria Drills 17.95 g/t Gold Over 22 Metres At Premier Mine

Denarius Metals Increases Bid For Emerita Resources To $0.45 Per Share

Related News

Datametrex Secures Rights To Sell And Distribute Rapid COVID-19 Antigen Test Kits

Datametrex AI (TSXV: DM) this morning announced that it has secured the rights to sell...

Wednesday, August 12, 2020, 09:27:09 AM

Datametrex Lands Agreement With Seoul, South Korea’s Largest Airport

Datametrex AI (TSXV: DM) continues to see its userbase grow for its AI-based technologies. The...

Tuesday, December 15, 2020, 07:50:03 AM

Datametrex Reports $0.056 Per Share In Cash And Equivalents On Its Balance Sheet

Datametrex AI (TSXV: DM) continues to see positive cash flow from its growing operations in...

Tuesday, January 18, 2022, 11:26:00 AM

Datametrex Receives Government Clearance To Ship COVID-19 Test Kits

Datametrex AI Limited (TSXV: DM) has received government clearance to fulfill its previously announced purchase...

Thursday, June 4, 2020, 06:20:00 AM

Datametrex Sees Request To Increase Testing By 300% Due To Surging Cases

Datametrex AI (TSXV: DM) is expected to see its health division grow as a result...

Tuesday, January 11, 2022, 08:39:14 AM