Mukesh Ambani seeks nod for RIL's $15 million Covid-19 testing solution

The experts from the Israeli medical technology company will guide Reliance's team in India in operating the innovative system.

  • Last Updated : May 17, 2024, 14:11 IST
Within four decades of operation, RIL becomes the 57th most valuable firm in the world according to Hurun Global 500 Most Valuable Companies 2021.

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. The company had acquired this solution 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.

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. It had developed the system to identify coronavirus carriers and patients in the early stages of the disease by exhalation.

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 purchased hundreds of systems from the Israeli company in a deal valued at USD 15 million and had planned to 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.

“The company staff is aimed to 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.

Published: May 6, 2021, 13:09 IST
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