The Norwegian listed company Lifecare AS (LIFE-ME) has a 25% ownership in Digital Diagnostics AG which has developed an accurate and reliable rapid test able to detect corona virus from the time of infection, contrary to other tests on the market that can only detect the antibodies 5-7 days after the infection. The test is independent of lab analysis, providing test result within minutes at the point-of-care.
Digital Diagnostics announced June 12th, 2020, that the company has applied to the German Federal Institute for Drugs and Medical Devices (BfArM) for approval of the Digid CantisenseTM SARS-CoV-2 test for Germany. This application comes in addition to the previous application to the US FDA, announced June 2de, 2020.
Digital Diagnostics expect approval from BfArM and FDA in the next few weeks, where after the goal is to bring the tests to the market in millions. In the short-term Digital Diagnostics are further scaling its capasities with production partners in the USA and Europe.
For additional background information, we refer to:
https://newsweb.oslobors.no/message/506937
Christian Saure
Chairman of the Board
Lifecare AS (Ltd.) is a privately owned, independent company that has been dedicated to the research and development of medical sensors for health monitoring since 06/07.
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