Due to the increasing of infectious rates over the past few weeks, it has been agreed that Qlife will be handling all testing for COVID-19 for professional handball in Denmark.
News letter - commercial activities and communication
In April we closed a contract with the professional Danish football league for regular testing of all players and staff for COVID-19 and delivery of test results were initiated already in week 22. The testing is still ongoing every week. The logistics around the testing as well as the significant amount of tests required that we very quickly expanded our lab capacity in terms of staff and equipment, validated our technology in a multiple-sample device (Big Egoo) and partnered up with external health care professionals to assist us in the testing procedures. We are proud to say that we are delivering tests according to protocol and contract in a flawless manner.
Over the last couple of months, we have delivered similar testing services to several smaller customers.
· We helped with testing for Badminton Denmark in connection with the RSL final 4
· Two TV productions has made their sets safer with regular testing for COVID-19
· Copenhagen Business School has had a few people tested to proceed an important event in a safe manner
· A minister got her test done with us when a negative test was a prerequisite for an event
In June Qlife got some attention in the Danish political environment and we made a presentation for the Health Committee in the Danish parliament. The focus was how to prevent loneliness in our elderly homes by offering tests of relatives before visits.
For as long as we are delivering large scale test capacity like we currently do to Divisionsforeningen, we will use the Big Egoo for the most efficient scale of delivery. At the same time, it provides us with a steady flow of validation data required for our continued preparations for regulatory approval (CE mark professional use) of the COVID test in the Egoo home system.
When we sell our products and services we evaluate if the expected sales amount is of a significance that requires a press release, in accordance with relevant regulations. When sales are not expected to be significant, we do not press release the contract. When the customers are – for one reason or another - strategically interesting, or if the customer themselves communicates around the Qlife order, we keep our website up to date by releasing information as news on our website. The news is also distributed to our Cision Newsroom, and to the subscribers on our news. So, keep updated on big and small by signing up on our website https://qlifeholding.com/en/investors/news.
We will elaborate more on the outcome of the second quarter, status of our products development and regulatory activities in our next quarterly report being released on August 18[th].
FINANCIAL SUMMARY – SECOND QUARTER 2020
In cooperation with KMD, Qlife has extended the contract with Divisionsforeningen.
Qlife's focus on professional sports is centered around COVID-19 testing, which the company offers in collaboration with IT partner KMD.
Jakob has extensive experience from international sales and business development within MedTech and healthcare and brings an excellent record of results and achievements in complex and competitive
In April we closed a contract with the professional Danish football league for regular testing of all players and staff for COVID-19 and delivery of test results were initiated already in week 22.
"Henrik Ljung brings broad experience to Qlife from financial reporting, IR, business control, finance management and corporate governance, all with a focus on fast-growing companies in the ea
KMD and Qlife has entered an agreement with Badmint
Geelmuyden Kiese and KMD announced earlier today that they have entered a partnership to provide smart and efficient Covid-19 test solutions for the professional sports, culture, and entertainment