K-One Technology Berhad which received conditional approval to import and distribute COVID-19 Antigen Self-Test Kit (Saliva) manufactured by Labnovation Technologies Inc, China for 1 year from Medical Device Authority has now received an extension period from the authority.
The group’s subsidiary K-One MediTech has received approval with a validity period extended to 14 August 2027 for the import and distribution of the said COVID-19 Antigen Self-Test Kit in Malaysia. As a recap, the COVID-19 Antigen Self-Test Kit (Saliva) is intended for the qualitative detection of SARS-CoV-2 antigen in human saliva samples from a COVID-19 suspected person. It is intended for self-testing and home use with the outcome of the test results known in 15 minutes. The use of the Self-Test Kit is for screening purposes and all test results require confirmation using the COVID-19 RT-PCR (“Reverse Transcription Polymerase Chain Reaction”) test.
The extension bodes well for K One in its earning forecast.
