SINGAPORE- Media OutReach - 19 August 2020 - Singaporebased LABMED continues to play an increasingly crucial role in the supply ofmedical masks and medical personal protective equipment (PPE) globally.

Theongoing Covid-19 pandemic has fuelled an overwhelming global demand for facemasks among frontline health workers and in the general population. To date, LABMED has shipped over 65 millionmasks worldwide. 

LABMED is currently supplying these much-needed masks and medicaldevices to Singapore, the US State of Hawaii, the UK, Italy, Germany, India andSouth Africa.

Besides medicalmasks, LABMED has also shipped 38 million VTM (Virus Transport Medium) kitsworldwide. These VTMs are a crucial part of the battle against Covid-19, asthey are coupled with the nasal swab kits, and they hold the completed swabsthat will be sent to laboratories for testing.

"Thedemand for VTM nasal swabs kits and saliva collection kit is expected to risewith the current situation with most countries going through community testing,while the global face mask market is expected to register phenomenal growth bythe end of 2020," says LABMED's Regional Managing Director, Wilson.

Photo: VTMs with nasal swabs

AsLABMED's manufacturing plant in China keeps pace with the demand for masks, medicalPPEs and VTM kits, this has led to a very healthy impact on the company'sperformance.  LABMED's Managing Director, Jason, elaborates, "Within aspan of six months, from 1 Feb 2020 to 1 Aug 2020, the company's revenueincreased 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 fightagainst the Covid-19 pandemic has also guided how it gives back to thecommunities that are affected by this international crisis.

"As governments, NGOs and healthcare agenciesrespond to this pandemic, we thought about how to give back to ourcommunity.  Fortunately, we are in a goodposition to offer assistance, and we actively donate and contribute to the lessfortunate so they are also taken care of during tough times like these whentheir financials are impacted," shares Regional Managing Director, Wilson.

About LABMED

LABMED, a subsidiary of Kin Seng Hong Pte Ltd that was established since1977, is a brand created by Wilson and Jason (known as Labelmed Pte Ltd) thatspecializes in the manufacture of disposable civil mask, medical mask, surgicalmask, KN95-FFP2 mask and other medical instruments.  Strategically headquarteredin Singapore with access to a wide distribution network both locally andglobally.  The company has a strong connection in exporting products allover the world, with special focus on the US, France, Germany and UnitedKingdom.

The company has collaborated with many local well-known medical devicecompanies, MNCs as well as government entities to provide new and existingcustomers with procurement services for medical supplies such as medical masks,protective suit, rubber gloves, goggles, thermometer, disinfectant, handlotion, 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 handlefast delivery, and ensure direct-factory price supply.

Website: https://thelabmed.com/