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Wednesday, February 17, 2021 1:52:13 PM
https://news784.com/2021/02/16/jamaica-airports-deploy-covid-testing-vaccination-passport-app/
http://jamaica-gleaner.com/article/business/20210203/baywest-bring-50m-covid-19-equipment
https://biopharmajournal.com/2021/02/11/the-post-pandemic-virus-bull-market-is-coming-apt-alst-lake/
Allstar Health Brands Inc (OTCMKTS:ALST) has partnered with TPT Global Tech, a technology and solutions company. The two companies are collaborating to create and distribute the QuickLAB module, a rapid testing solution for Covid-19.
The two companies had already recently signed an agreement for Mexico and other Latin American countries through TPT Global Tech’s partner New Orbit Technologies. Now, they have signed an expanded agreement to bring QuickLAB distribution to Canada and US to add to the existing Non-Exclusive Distribution Agreement for Mexico and other Latin American countries.
Allstar Health Brands Inc (OTCMKTS:ALST) also recently provided a corporate update to outline its core objectives for 2021. Central for the company appears to be its focus on continuing to provide testing and PPE given the likelihood of a long and drawn-out battle as new strains emerge and different regions effect different levels of response.
Dr. Daniel Bagi, CEO of AllStar, remarked,”We believe a key factor to success in the tourism and other sectors is cutting the time for a PCR test result (still the gold standard) from several days to a few hours. This alone can be the difference for a tourist between several days of quarantine or only a few hours and could impact greatly on their decision whether to travel or not. AllStar has been focusing its efforts on working with several countries and offering solutions to satisfy their testing needs.”
The company also notes that it continues to expand on the efforts made initially in Jamaica and is in discussions with several other Caribbean Island and some African countries in developing testing and reporting systems to re-open their hard-hit tourism sectors, while also satisfying the requirements for these tourists to return home.
“The solutions include same-day testing, whether a simple Antigen test or the more complex PCR test, which in some countries now is a requirement before returning home, but also up until now very time consuming. Our goal is to offer same-day results, sometimes within a couple of hours of sample collection. This would relieve much of the testing burden and offer testing solutions for tens of thousands of people per day,” concluded Dr. Bagi.
Allstar Health Brands Inc (OTCMKTS:ALST) generated sales of $178K, according to information released in the company’s most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 224.2% on the top line. ALST is surely a more speculative name on this list. But with the company’s recent expansion and partnership, it may also be the most underpriced.
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