Reliance Industries Limited has sought special permission to fly an Israeli team of experts to India to train and install a rapid COVID-19 identification solution it acquired from an Israeli start-up for USD 15 million. The delegation from Breath of Health (BOH) has already received an emergency approval at Reliance s request given the spike in coronavirus related cases in India and will be flying out soon, company sources told PTI here.
Israel has put a temporary ban on its citizens from flying to seven countries, including India, which have seen a surge in coronavirus cases. The experts from the Israeli medical technology company will guide Reliance s team in India in operating the innovative system developed by it to identify coronavirus carriers and patients in the early stages of the disease by exhalation.
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Reliance signs $15 million deal with Israeli firm for rapid COVID-19 test kits
Reliance Group has signed a $15 million deal with Israeli company Breath of Health to distribute the firm s COVID-19 breath testing system. The tests conducted by the company provide results in less than a minute, said Arie Laor, CEO of Breath of Health (BOH).
Reliance Group has signed a USD 15 million deal with Israeli company Breath of Health (BOH) to distribute the company s swift COVID-19 breath testing system throughout India, a media report here said. According to the agreement, the Indian corporate giant will purchase hundreds of systems from the Israeli company in a deal valued at USD 15 million and will use them to conduct millions of tests a month at a cost of USD 10 million per month, business portal Calcalist reported. Reliance will also lead research of the system in India and will distribute the platform throughout the country and in the Far East, it added.
Reliance signs USD 15 million deal with Israeli firm to distribute COVID-19 breath test kit
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Last Updated: Jan 27, 2021, 03:46 PM IST
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According to the agreement, the Indian corporate giant will purchase hundreds of systems from the Israeli company in a deal valued at USD 15 million and will use them to conduct millions of tests a month at a cost of USD 10 million per month, business portal Calcalist reported.
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Jerusalem: Reliance Group has signed a USD 15 million deal with Israeli company Breath of Health (BOH) to distribute the company s swift COVID-19 breath testing system throughout India, a media report here said.
Updated:
January 27, 2021 15:58 IST
The Israeli company is said to have developed a breath test system that identifies COVID-19 at a success rate of over 95%.
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File photo shows a man and his daughter wearing masks in New Delhi.
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The Israeli company is said to have developed a breath test system that identifies COVID-19 at a success rate of over 95%. Reliance Group has signed a $ 15 million deal with Israeli company Breath of Health (BOH) to distribute the company s swift COVID-19 breath testing system throughout India, a media report here said.
According to the agreement, the Indian corporate giant will purchase hundreds of systems from the Israeli company in a deal valued at $ 15 million and will use them to conduct millions of tests a month at a cost of $ 10 million per month, business portal Calcalist reported.