Happiness Biotech Announced Breakthrough in Developing Covid-19 Testing Kits
Happiness Development Group Limited - Class A Ordinary Shares (HAPP)
Company Research
Source: PR Newswire
NANPING, China, March 25, 2020 /PRNewswire/ -- Happiness Biotech Group Limited (the "Company" or Nasdaq: HAPP), an innovative China-based nutraceutical and dietary supplements producer, announced today that the Company, together with Fuzhou University, have achieved a breakthrough in developing Covid-19 Testing Kits. Currently, the main Covid-19 detection method is nucleic acid detection. The average detection takes 5-6 hours, while the misdetection rate is high and the cost is high. In the past two months, the Company has been dedicated to developing a more efficient and affordable testing kit for Covid-19 through its biochemical laboratory that the Company jointly established with School of Bioscience and Engineering, Fuzhou University.The Company made a breakthrough and successfully developed the colloidal gold testing kit by adopting the antibody detection method. The colloidal gold testing kits innovatively use multiple target tests combined with IgM / IgG tests, which greatly im
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