Coronavirus company news summary – Australia grants approval for RESOLUTE 2.0 Covid-19 test kit – Reliance signs $15m deal with BOH to distribute Covid-19 breath test kit

28 January 2021 (Last Updated January 28th, 2021 09:54)

Advanced MedTech Holdings has announced that its RESOLUTE 2.0 direct RT-PCR test kit has been approved by Australia’s Therapeutic Goods Administration (TGA). The test kit is now authorised for use in laboratories and medical institutions across the country.

Clear Labs, a private genomics testing company, has announced the launch of Clear Dx™ Whole Genome Sequencing (WGS), the first automated WGS solution which determines the complete RNA sequence of the SARS-CoV-2 genome within 24 hours. The solution will help hospitals, public health institutions, and laboratories in identifying and tracing all SARS-CoV-2 strains more easily and quickly.

The Reliance Group has signed a $15m deal with Breath of Health (BOH), an Israeli company, to distribute the latter’s Covid-19 breath testing kits across India. As per the agreement, Reliance will be procuring hundreds of these kits systems from BOH to conduct millions of tests at the cost of $10 million per month. Reliance is also expected to lead research of the test kit in India.