Spartan Bioscience files for creditor protection after identifying 'issue' with COVID-19 test - News Summed Up

Spartan Bioscience files for creditor protection after identifying 'issue' with COVID-19 test


An Ottawa-based company that developed a rapid COVID-19 testing device says it has filed for creditor protection after finding an undisclosed problem with the technology. Spartan Bioscience's interim CEO Jennifer Ross-Carriere said through a spokesperson Tuesday that the company has paused shipments of its COVID-19 testing cube while it works to resolve the "recently-identified issue." "As a result of this pause in shipment, Spartan is seeking protection from creditors working to restructure the company and refine the performance of the COVID-19 test in the field," said the statement from Ross-Carriere. Spartan remains committed to our vision of putting our world-leading mobile DNA-testing technology to work in the fight against COVID-19," said Ross-Carriere. Spartan said Health Canada's authorization remains in place while it works with the federal agency to resolve the issue.


Source: CBC News April 06, 2021 18:18 UTC



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