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.
Qlife to develop SARS-CoV-2 total antibody test
The first phase of developing the antibody test will be outsourced to an existing partner and is expected to take approximately three months. Thereafter, the project will be transferred to in-house specialists for integration to the Egoo device, analytical data collection and product optimization. Qlife expects to be able to CE mark for professional use late 2020 and submit a file for CE mark home use during the first quarter 2021.
“With a relatively limited investment we can complement our COVID-19 tests for active viruses and run the antibody tests on our existing device. IgG/IgM antibody tests are currently developing into a very competitive field with a large interest, especially in mass testing solutions, and we see several segments within elderly homes, larger workplaces, sports events etc. which for a long time will have the need for decentralized and fast antibody testing.” comments Thomas Warthoe, CEO Qlife.
Qlife’s total antibody IgG/IgM test will be based on the particle-enhanced Immunoturbidimetry principle that allows quantitative determination of the total concentration of the IgM/IgG antibodies against COVID-19 virus. The principle of particle-enhanced immunoturbidimetry is based on particles coated with SARS-CoV-2 antigens forming complexes with the specific antibodies. If the IgM/IgG antibodies are present in the capillary blood, Egoo will measure signal changes at 570nm that are directly correlated to the total concentration of the total IgM/IgG antibodies. The assay is expected to take between 6-7 minutes using a drop of blood. With this new Egoo IgM/IgG test it will be possible to follow the total antibodies concentration over time. The new Egoo antibody test will be a full quantitative test just like the laboratory-based ELISA test with comparable specificity.
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