XOX Bhd which is commonly known for its telco business has also an ecommerce platform called Black Market, via partnership with its vendor, MyCare Advisors the company is committed to distribute Covid-19 test kit below the ceoling price set by the government of RM19.90.
The Lituo COVID-19 Antigen Detection Kit (Colloidal Gold) Self-Test Kit will be sold RM18.90 on the platform for those who are interested.
Loh Boon Teong, XOX’s Vice President for Strategic Product said that the company is collaborating with Ekopharm to fulfil the selling requirements set by the government. Lituo COVID-19 Antigen Detection Self-Test Kit is approved by the Medical Device Authority Malaysia (MDA).
The Health Ministry mandates that only accredited pharmacies are allowed to sell the Covid-19 test kits to the public as these are medical devices and have to be carefully stored and administered.
With self testing now permitted, the demand for test kits will be hitting stratospheric levels as businesses will be purchasing in bulk for their staffs. The government took an unpopular approach to control the pricing instead of leaving to market forces to avoid scalping.
