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

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

First Majestic Aims To Restart Production At Jerritt Canyon In H2 2027

Mercado Minerals Identifies A Series Of New Targets Following LiDAR Survey At Copalito

Related News

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 Moves To Final Round For $40 Million Contract Proposal

Datametrex AI (TSXV: DM) appears to be just a step away from securing a major...

Monday, October 25, 2021, 07:38:32 AM

Datametrex AI To Repurchase Up To 5% Of Shares

Datametrex AI (TSXV: DM) is looking to put its cash to work for shareholders. The...

Friday, June 3, 2022, 08:23:38 AM

Datametrex AI Bags Two More Contracts Within Canadian Film Industry

Datametrex AI (TSXV: DM) issued a brief press release this morning, indicating it has secured...

Friday, September 10, 2021, 08:07:27 AM

Datametrex Launches Walk-In COVID-19 Testing Clinic In Vancouver

Datametrex AI (TSXV: DM) this morning revealed that it has opened a new COVID-19 testing...

Thursday, April 15, 2021, 08:31:14 AM