SINGAPORE
-�Media OutReach�- 19 August 2020�-�Singapore
based LABMED continues to play an increasingly crucial role in the supply of
medical masks and medical personal protective equipment (PPE) globally.
�
The
ongoing Covid-19 pandemic has fuelled an overwhelming global demand for face
masks among frontline health workers and in the general population.�To date, LABMED has shipped over 65 million
masks worldwide.�
�
LABMED is currently supplying these much-needed masks and medical
devices to Singapore, the US State of Hawaii, the UK, Italy, Germany, India and
South Africa.
�
Besides medical
masks, LABMED has also shipped 38 million VTM (Virus Transport Medium) kits
worldwide. These VTMs are a crucial part of the battle against Covid-19, as
they are coupled with the nasal swab kits, and they hold the completed swabs
that will be sent to laboratories for testing.
�
"The
demand for VTM nasal swabs kits and saliva collection kit is expected to rise
with the current situation with most countries going through community testing,
while the global face mask market is expected to register phenomenal growth by
the end of 2020," says LABMED's Regional Managing Director, Wilson.
� �
Photo: VTMs with nasal swabs
As
LABMED's manufacturing plant in China keeps pace with the demand for masks, medical
PPEs and VTM kits, this has led to a very healthy impact on the company's
performance.� LABMED's Managing Director, Jason, elaborates, "Within a
span of six months, from 1 Feb 2020 to 1 Aug 2020, the company's revenue
increased exponentially to hit a turnover revenue of S$220 million."
LABMED's Regional Managing Director, Wilson, and Managing Director, Jason.
The prominence that LABMED plays in the fight
against the Covid-19 pandemic has also guided how it gives back to the
communities that are affected by this international crisis.
"As governments, NGOs and healthcare agencies
respond to this pandemic, we thought about how to give back to our
community.� Fortunately, we are in a good
position to offer assistance, and we actively donate and contribute to the less
fortunate so they are also taken care of during tough times like these when
their financials are impacted," shares Regional Managing Director, Wilson.
About LABMED
LABMED, a subsidiary of Kin Seng Hong Pte Ltd that was established since
1977, is a brand created by Wilson and Jason (known as Labelmed Pte Ltd) that
specializes in the manufacture of disposable civil mask, medical mask, surgical
mask, KN95-FFP2 mask and other medical instruments.� Strategically headquartered
in Singapore with access to a wide distribution network both locally and
globally.� The company has a strong connection in exporting products all
over the world, with special focus on the US, France, Germany and United
Kingdom.
�
The company has collaborated with many local well-known medical device
companies, MNCs as well as government entities to provide new and existing
customers with procurement services for medical supplies such as medical masks,
protective suit, rubber gloves, goggles, thermometer, disinfectant, hand
lotion, mask production equipment as well as nasal swab test kit for Covid-19.
�
LABMED has a large inventory of medical masks, they are able to handle
fast delivery, and ensure direct-factory price supply.
�
Website: https://thelabmed.com/
