GregFolin

$ALST Holds Support, Expands Virus Testing Mobile Lab Biz

Long
OTC:ALST   Allstar Health Brands, Inc.
ALST frames itself as a specialty pharmaceutical and nutritional supplements company. One of its core assets at this point is its partnership with TPT Global Tech, a technology and solutions company. The two companies are collaborating to create and distribute the QuickLAB module, a rapid testing solution for Covid-19.

Testing is going to be a huge facet of any solution that can head off the Twindemic disaster that experts believe looms over the coming fall and winter.

The two companies had already recently signed an agreement for Mexico and other Latin American countries through TPT Global Tech's partner New Orbit Technologies. Now, as of this week, they have signed an expanded agreement to bring QuickLAB distribution to Canada and US to add to the existing Non-Exclusive Distribution Agreement for Mexico and other Latin American countries.

"We are very pleased to announce the expansion of our initial non-exclusive partnership agreement to now include Canada and the US. AllStar Health Brands' goal is to work with TPT Medtech for both the geographic expansion of the QuikLAB modules within the US and Canada and also offer the best testing technologies within the QuikLAB modules. Both companies have a shared vision to make one-stop, mass testing for Covid-19, a near-term reality in the Americas," stated Dr. Daniel Bagi, President of AllStar.

According to the release, AllStar believes that given the high Covid-19 infection rates around the world, and the ability to set up the QuikLAB testing modules at almost any location, the QuikLAB option may be part of the solution in combating the effects of this pandemic.

The company notes that the QuikLAB testing modules offer a fast, complete testing option, at a rapid throughput, - up to 50 tests/hour, using either the PCR or antibody tests or both currently available on the market. The goal is to provide results within minutes to a few short hours, so appropriate treatment or isolation protocols can be recommended based on the results of the testing.

Since then, the company has gotten increasingly involved in the testing niche. Looking ahead, AllStar says it plans to provide several options for FDA, EUA-approved rapid Covid-19 anti-body tests, and PCR tests for the TPT Medtech QuikLab modules. This could make its QuickLAB module a kind of one-stop-shop solution for communities with less than adequate testing supplies anywhere in the western hemisphere now that its partnership extends through the US and Canada.

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