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Be the first with the news that moves the market- Datametrex AI (DM) has ramped up its COVID-19 testing lab facilities in Vancouver, North America’s third largest production centre
- Since August, the company has been providing COVID-19 testing to film and TV production companies in Toronto and Vancouver
- Datametrex’s Vancouver lab can now process up to 10,000 COVID-19 tests weekly, with room for even greater capacity if necessary
- This will come in handy as Canada’s film and TV industry attempts to get back to work after COVID-19 interruptions
- Datametrex AI is up 4.00 per cent and is currently trading for $0.13 per share
Datametrex AI (DM) has ramped up its COVID-19 testing lab facilities in Vancouver, North America’s third largest production centre.
In late August, the company signed its first contract for COVID-19 test kits within Canada’s film and TV industry. Since then, Datametrex has provided COVID-19 testing to an increasing number of film and TV production companies in Toronto and Vancouver.
The company is currently providing these services to six production companies in Toronto and eleven in Vancouver. This accounts for the administering of approximately 6,000 tests every week.
Datametrex can expect even more orders to follow in short order, with another three film and TV productions in Toronto anticipated by January. The additional orders expected to come from productions in Vancouver are even higher.
As such, Datametrex is taking action in order to prepare for the inevitable flood of extra business. The company’s Vancouver lab can now process up to 10,000 COVID-19 tests per week, with room for even greater capacity if needed.
This will come in handy as Canada’s film and TV industry attempts to get back to work, after facing interruptions from the COVID-19 pandemic.
Datametrex’s CEO, Marshall Gunter, commented on the growing need for greater screening capabilities in Canada’s version of Hollywood.
“With Vancouver and Toronto feature-length movies and episodic series productions filming quickly ramping up, we feel that this will only expand the COVID-19 screening business for the film and TV industries,” he said.
Datametrex AI is up 4.00 per cent and is trading for $0.13 per share, as of 2:14pm EST.
