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Reliance Group signed a USD 15 million deal in January with BOH to distribute the firm's swift COVID-19 breath testing system.
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.
BOH is said to have developed the breath test system that identifies COVID-19 at a success rate of over 95 per cent.
Preliminary results from clinical trials it is conducting with Israeli hospitals Hadassah Medical Center and the Sheba Medical Center at Tel HaShomer have shown a success rate of 98 per cent compared to the standard PCR test authorised by global medical organisations.
"The equipment has already reached India and its operationalisation will help India in its fight against the pandemic," a spokesperson for the company said.
Israeli Deputy Health Minister Yoav Kish visited BOH Laboratories in the northern Israeli city of Rehovot to closely monitor the preparations of the delegation that will leave for India to complete the installation of the first system that landed in India about a week ago.
The Minister himself went through an exhalation test and congratulated the BOH team on its achievements.
"The company staff will train Indian teams to use technology which is considered as a breakthrough in the field and may help the Indians to take control of the Indian variant outbreak", the Israeli company said.
"The aggravation of the corona crisis in India has led Reliance and the Israeli company to advance the flight of the Israeli delegation to India to help the Indian government overcome the outbreak of the plague that has so far claimed the lives of over 200,000 Indians and continues to spread across the country", it said.
A record 3,780 fresh COVID-19 fatalities were registered in a single day in India on Wednesday taking the death toll to 2,26,188, while 3,82,315 new coronavirus infections were recorded.
With the fresh cases, the total tally of COVID-19 cases in the country climbed to 2,06,65,148.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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