EVC/H DataMetrex AI

Datametrex Applies to Health Canada for 5 Minute Fast Antigen Kit

Datametrex Applies to Health Canada for 5 Minute Fast Antigen Kit

TORONTO, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G, OTC: DTMXF ) is pleased to announce that the Company has submitted a Medical Devices Interim Order (“IO”) Request Form to approve PCL, Inc.’s (“PCL”) COV05 COVID19 Rapid Antigen Detection Kits to Health Canada.

This application is made under IO Respecting the Importation and Sale of Medical Devices for Use in Relation to COVID-19 pursuant to subsection 30.1(1) of the Food and Drugs Act signed by the Minister of Health on August 24, 2020, for PCLCOV05 COVID19 Rapid Antigen Detection Kits. This IO will allow Health Canada to issue expedited review and approval for the sale of these test kits in Canada.

The Company has represented to Health Canada that it will be able to provide a minimum first order of 200,000, followed by an additional 200,000 units on a weekly basis. Any purchase of the test kits by the Canadian government is conditional on prior receipt of Health Canada approval.

These test kits are suitable for point of care tests. No extra equipment is needed. They are simple to use and results are available in 10 minutes.

"According to the manufacturer, PCL, this test can detect antigens of COVID-19 from a swab in the nose and throat to provide results in 5-10 minutes with over 86% accuracy," said Marshall Gunter, CEO of Datametrex. “These almost-instant kits can be easily used at home. With the rise of cases in the United States and throughout the world, we at Datametrex believe it is critical to test and protect.”

View the PCL Antigen test manual video by clicking the link:

According to PCL the clinical sensitivity (confirmed the actual positive of the approved person where approved person tested positive with a PCR nucleic test) is 86.49% and the clinical specificity (confirmed the actual negative of the negative person where the negative person tested negative with a PCR nucleic test) is 97.87%*. Early detection using rapid tests will also provide further protection to Canada’s front-line workers, especially health care professionals.

The following certifications have been awarded to these PCL Antigen Test Kits: CE Certificate, Korea KPMG, FIND Listed, UNGM Supplier. Countries includes the EU, 2 countries in the Middle East- Qatar and UAE, India, Russia, 3 countries in Latin America- Guatemala, Ecuador, and Colombia.

The PCL Inc Antigen Detection kit has the CE Certificate meaning that the manufacturer and products have met EU declaration of standards for health, safety, and environmental protection, allowing this product to be sold within the 22 countries in the European Economic Area.

Health Canada must approve these COVID-19 test kits before they can be used in Canada. The Company plans to sell these kits in all countries where the kits have been approved for sale. Datametrex anticipates that it will have little or no upfront costs associated with importing these test kits. Assuming Health Canada approves the test kits and they are subsequently purchased by the Canadian government, manufacturer will ship the test kits directly to the Canadian government or hospitals, and Datametrex will not be involved in the shipping, warehousing or distribution process.

* Clinical Accuracy

The clinical performance of the PCL COVID-19 Ag Rapid FIA was evaluated in two different institutions compared to RT-PCR positive cases. Positive percent is 86.49% (95% CI: 70.43-94.92%) and negative percent agreement is 97.87% (95% CI: 87.28%-99.89%) in the PCL COVID-19 Ag Ripid FIA.

COVID-19 Ag Ripid FIA.RT - PCRPPA (%)NPA (%)
POSNEG
Site 1POS200100.0096.00
NEG020
Total2020
Site 2POS12170.59100.00
NEG526
Total1727
TotalPOS32186.4997.87
NEG546
Total3747

About Datametrex

Datametrex AI Limited is a technology-focused with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy (). Datametrex's mission is to provide tools that support companies in fulfilling their operational goals, including Health and Safety, with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, Company provides progressive solutions to support the supply chain. Additional information on Datametrex is available at .

For further information, please contact:

Marshall Gunter – CEO

Phone: (514) 295-2300

Email: 

Neither the TSX Venture Exchange nor it's Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not historical may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the time such forward-looking information is made. Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

EN
01/09/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on DataMetrex AI

 PRESS RELEASE

Datametrex nomme Dominique Lemay au poste de président de DM EVS

Toronto, Ontario--(Newsfile Corp. - 24 novembre 2022) - Datametrex AI Limited (TSXV : DM) (FSE : D4G) (OTCQB : DTMXF) (la « Société » ou « Datametrex ») est heureuse d'accueillir M Dominique Lemay, à titre de président de sa filiale, Datametrex Electric Vehicle Solutions (« DM EVS »).Avec ses 25 ans dans l'industrie de la mobilité des personnes dans des rôles de direction et d'ingénierie, Dominique apporte une vaste expérience et des connaissances très pertinente. Dominique possède une vaste expérience dans la croissance des opérations pour certaines des entreprises de mobilité les plus remarq...

DataMetrex AI Ltd: 6 directors

Six Directors at DataMetrex AI Ltd bought/maiden bought 2,420,000 shares at between 0.150CAD and 0.170CAD. The significance rating of the trade was 59/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's ...

 PRESS RELEASE

DGAP-News: Datametrex AI: Nexalogy wurde vom kanadischen Verteidigungs...

DGAP-News: Datametrex AI Limited / Schlagwort(e): Auftragseingänge/Sonstiges Datametrex AI: Nexalogy wurde vom kanadischen Verteidigungsministerium ausgewählt, um mit der nächsten Phase des Projektes 'Innovation for Defence Excellence and Security' fortzufahren 10.02.2022 / 09:19 Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Toronto, Kanada, den 10. Februar 2022 - Datametrex AI Limited (TSXV: DM) (FWB: D4G) (OTCQB: DTMXF) ("Datametrex") freut sich bekannt zu geben, dass das kanadische Verteidigungsministerium (Department of National Defenc...

 PRESS RELEASE

DGAP-News: Datametrex AI: NEXALOGY SELECTED TO PROCEED TO THE NEXT PHA...

DGAP-News: Datametrex AI Limited / Key word(s): Incoming Orders/Miscellaneous Datametrex AI: NEXALOGY SELECTED TO PROCEED TO THE NEXT PHASE OF CANADA'S DEPARTMENT OF NATIONAL DEFENCE INNOVATION FOR DEFENCE EXCELLENCE AND SECURITY PROJECT 10.02.2022 / 09:19 The issuer is solely responsible for the content of this announcement. Toronto, Canada, January 10, 2022 - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that the Canada's Department of National Defence ("DND") has approved the Company's next milestone ...

 PRESS RELEASE

DGAP-News: DATAMETREX COMPLETES INITIAL STAGES OF EV INITIATIVES

DGAP-News: Datametrex AI Limited / Key word(s): Miscellaneous DATAMETREX COMPLETES INITIAL STAGES OF EV INITIATIVES 08.02.2022 / 09:05 The issuer is solely responsible for the content of this announcement. Toronto, Canada, February 8, 2022 - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTCQB: DTMXF) (the "Company" or "Datametrex") is pleased to announce that it has completed the initial stages of its EV project that utilizes its proprietary AI engine to address the EV charging market. The focus on the EV charging market will help diversify Datametrex's revenue base while...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch