LabGenomics contracts to supply Covid-19 diagnostic kits worth 5.4 billion won

[Infostock Daily=Reporter Park Jeong-Do] LabGenomics announced on the 28th that it has signed an additional supply contract with Siemens Helsinius India Corporation for the novel Corona virus (Covid-19) diagnostic kit ExoFAST. The contract size is 3.876,275 (about 5.44659 million won), which is equivalent to 16.4% of total sales in the previous year.

ExoFAST is a real-time PCR that can be diagnosed with Covid-19 in 35 minutes. The company said that the products contracted and supplied in July were well received by Indian inspection agencies and led to additional orders.

ExoFAST is also supplied to Calve, Indonesia. The company said it has completed the initial shipment for testing purposes on the 26th. The supply is tens of thousands of kits, but the company expects the contract to grow even larger after verification: Calve is a large pharmaceutical group operating diagnostic testing centers across Indonesia

Reporter Park Jeong-Do newface0301@naver.com