{"id":471473,"date":"2021-04-06T07:33:28","date_gmt":"2021-04-06T11:33:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471473"},"modified":"2021-04-06T07:33:28","modified_gmt":"2021-04-06T11:33:28","slug":"medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\/","title":{"rendered":"Medivolve Subsidiary Collection Sites Provides March Sales Update With Total Sales of 20,574 Tests at an Average Price of $99 per Test"},"content":{"rendered":"<h2>\nMedivolve announces an investor webinar Thursday April 15th at 1 pm ET.<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, April  06, 2021  (GLOBE NEWSWIRE) &#8212; <strong>Medivolve Inc.\u00a0(\u201cMedivolve\u201d) (NEO:MEDV; OTC:COPRF; FRA:4NC) <\/strong>is pleased to provide a sales update for its wholly owned subsidiary, Collection Sites, LLC. During the month of March, Collection Sites realized the sale of 20,574 tests at an average selling price of $99 per test across its network. Approximately 59% of the sales were insurance pay, with the balance being cash sales. The Company continued to see the strongest demand for antigen tests, followed by antibody and then PCR tests.<\/p>\n<p align=\"justify\">\u201cMarch was another solid month of sales for Collection Sites with over 20,000 tests conducted across our network. Compared to a more substantial drop from January to February, we saw a steady state with testing demand remaining relatively stable over the month,\u201d commented Medivolve CEO Doug Sommerville. \u201cAs we continue to increase our offerings, including our new immunity tests, the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qElGCBYT9oC44LGjUdLhazRncfRv1k6fqGrp30eV9VXmjH2Ga_e31eEi79mTHwag2L3PYgAFjyaIpwKfAE3598DOwiSJtTqyYXxFGVKS9qALJPu226hqV85Q8FRy08lV1Ht1n38bfKKJlA9gL_V6pSWIsdwpgR1k6keSuT_35ft3DMI6i8r4cLQK2_Gx_H1_CVfQHIiXACFEiZFZGztRqeXBJ30aX-FYHE_AbUD1mCFhfrPr6zbPd9hdfs-zRziigyDxUrYghiO8WM-dNqTYCH7SKo0h06HkwcZYcLEZ2MQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>AditxtScore<\/u><\/a>, and through participation in <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=y-AEJXfY8SCmNYSYDhUeaJaVD-nogG2EvKlAXUPxCP2Zj95oOKohu_s3PYnkDFm1rGNWWN0vOoJn0nmH1CPuHrJumHUhpLvVuDBKa4F4YThNioWy1oMxxoIRtbNDNClfzr63ZlWPd8l5tXQWNtsuWwkma9PHzSo0xJey-W7PTP8MbGSl19oi14R_4wCDUZd5jmZgtMCGKAJhjvzfaOnRVeLD-XbcPoQk1QVUondjCZqUEwsAI3ANCWNDm2Biymrlu8ZqVguoOsKCMjTQZaoOSw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>government testing programs such as HRSA<\/u><\/a>, we believe we can grow our testing numbers.\u201d<\/p>\n<p align=\"justify\">\n        <strong>Upcoming Corporate Webinar <\/strong>\n      <\/p>\n<p align=\"justify\">Medivolve is pleased to announce it is hosting a Corporate Update webinar, on <strong>Thursday, April 15<\/strong><strong>\u00a0at 1 pm ET <\/strong>that will provide investors with an update on the Company&#8217;s recent business developments.<\/p>\n<p align=\"center\">\n        <strong>Registration Link: <\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xgmgHBWGN6uzTBVqu4BgOOubkzKithWf-Zl0qyCVfA4gd8J9fa0GMvBF1ioAMkVX9ubzUSd-j7zq6F18I3hOkmXRj1zsgJD6MYl5cl_O2KOxiyYgPOrYy_3nWiErbGFLoLB-tC32f7bWaMZys5aUtYnAueD91Xp9zFyUTlbM40sKYPzW3B_5QwH4XgX7kZZM99yF9cSrGOYqArerQEYa8g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>https:\/\/us02web.zoom.us\/webinar\/register\/WN_pRyhGijjSgCGKKsE90lMPQ<\/u><br \/>\n          <\/strong><br \/>\n        <\/a>\n      <\/p>\n<p align=\"justify\">Specifically, the webinar will feature Medivolve CEO Doug Sommerville as he provides an overview on the Company&#8217;s recent developments, including March sales numbers and new testing services that are being offered. Representatives from the maker of the AditxtScore COVID-19 immunity test will also join the webinar to share more details on their innovative technology. Collection Sites intends on leveraging its network of sites and large customer database to market these new services and launch a series of mobile clinics.<\/p>\n<p align=\"justify\">\n        <strong>About the Collection Sites <\/strong>\n      <\/p>\n<p align=\"justify\">The pop-up labs will be managed by Las Vegas based company Collection Sites, LLC and powered by Alcala Testing and Analysis Services, a CLIA-licensed laboratory based in San Diego, California. Appointments and payments will be handled through an online portal\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OL6Z6OnlVyi6aBJPa1VnIRXrCJSm9UPA90qIvDRhZ10_5aypa7BRWixHGKuQ_2EMMt_ZpKQMeqqcahhDbFNs98G9Qql9FF-dJB8RNqkQgP8=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong><u>www.testbeforeyougo.com<\/u><\/strong><\/a>.<\/p>\n<p align=\"justify\">\n        <strong>The key to flattening the curve is to increase testing.<\/strong>\n      <\/p>\n<p align=\"justify\">The testing centers will offer convenient access to rapid antibody and antigen (pending availability) tests\u00a0\u2013 which take 8-10 minutes to administer and provide results within 24 hours. The sites also offer regular RT-PCR. All tests can be administered with insurance coverage options. The tests results can be communicated via text or email and can be accompanied with a certificate of good health via a HIPAA-compliant smartphone application.<\/p>\n<p align=\"justify\">\n        <strong>For more information about the pop-up lab, the available sites and services visit\u00a0<\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OL6Z6OnlVyi6aBJPa1VnIRXrCJSm9UPA90qIvDRhZ13jjlj7F7rJUwldnm18q2-WJ9MxUul-K-KzlS0T1QYK7UaoDUTpWyYv7ksJD_7QANQ=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <strong><br \/>\n            <u>www.testbeforeyougo.com<\/u><br \/>\n          <\/strong><br \/>\n        <\/a><br \/>\n        <strong>.<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>About Medivolve Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xdcI_qmFFtnYbijUHVxyOWg21HHwrqj8ay7zaHsFKzC6PIIwhITPGGXBGLEtWKFSb7e94TGuTvu0d6LU1yGJzg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <u>Medivolve Inc.<\/u><br \/>\n        <\/a> (NEO:MEDV; OTC:COPRF; FRA:4NC) seeks out disruptive technologies, ground-breaking innovations, and exclusive partnerships to help combat COVID-19 and generate remarkable risk-adjusted returns for investors. <strong>Specifically, Medivolve offers investors a diversified investment in the COVID-19 medical space across three areas; prevention, detection, and treatment.<\/strong><\/p>\n<p align=\"justify\">Medivolve has a team of renowned global medical and business advisors that have developed a proprietary business strategy\u00a0to capitalize on high-margin opportunities in the COVID-19 space. This panel includes prominent immunologist Dr. Lawrence Steinman and Dr. Glenn Copeland, who has 45 years of experience in orthopaedic treatment, foot and ankle care, and sports medicine.<\/p>\n<p align=\"justify\">Medivolve\u2019s primary focus is to provide convenient and assessable medical services for testing of the COVID-19 virus to help combat the pandemic. This is achieved largely through two acquisitions: 100% of Collection Sites, LLC and 28% of Colombian Sanaty IPS. Collection Sites is setting up a series of COVID-19 testing sites across the United States with appointments and payments will be handled through the online portal\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OL6Z6OnlVyi6aBJPa1VnIRXrCJSm9UPA90qIvDRhZ133IbZkvX8nZybaHaQlgmniUTdJWvbKxqtfPB-11t2pVRPQzhiiHRjT_yJpepp_2dg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong><u>www.testbeforeyougo.com<\/u><\/strong><\/a>. Sanaty is setting up a series of full-service medical clinics offering a complete COVID-19 testing solution.<\/p>\n<p align=\"justify\">For additional information, please contact:<\/p>\n<p align=\"justify\">Doug Sommerville, CEO <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7VX6tdP6DslG8Sfbz6gh12sFHPYoQxGQgSyNVRsK_IfD-woiCOKYwhkPTcyZjG0oW33VHIhEd0sDliwr55ftQ0ubP30XxdwSNGFSrwVsGh3wasDqFfC8p5o-thp8a5eT\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>Doug.Sommerville@medivolve.ca<\/u><\/a><\/p>\n<p align=\"justify\">For investing inquiries please contact: <br \/><u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=f7dK0q-G1kQZyhGjlbPApolLy-1SXdO9LHsrcFhOe5FANn7rFaRpf1gDHp5fuNGjly8jXgAmtuxwiSMAcyk_wg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@medivolve.ca<\/a><\/u><\/p>\n<p align=\"justify\">For US media enquires please contact: <br \/> Veronica Welch <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_ha-Fv-wKBPGL2uxAPX4IttzjqBNHoiT-haPlXqZLwLIgzK1lJE3oqApA3iUsPZAGVyd6bie0qTEZzBJW0JOLuOkErnE3Uh1sSfJts7rb3k=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>veronica@vewprmedia.com<\/u><\/a><\/p>\n<p align=\"justify\">\n        <strong>Cautionary Note Regarding Forward-looking\u00a0Information<\/strong>\n      <\/p>\n<p align=\"justify\">This press release contains &#8220;forward-looking information&#8221; within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to sales results; the proposed roll-out of business testing; the Company\u2019s expansion into telehealth; projected timelines for testing results; projected revenues from the testing; the pursuit by Medivolve of investment opportunities; and the merits or potential returns of any such investments. Generally, forward-looking information can be identified by the use of forward-looking terminology such as &#8220;plans&#8221;, &#8220;expects&#8221; or &#8220;does not expect&#8221;, &#8220;is expected&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;estimates&#8221;, &#8220;forecasts&#8221;, &#8220;intends&#8221;, &#8220;anticipates&#8221; or &#8220;does not anticipate&#8221;, or &#8220;believes&#8221;, or variations of such words and phrases or state that certain actions, events or results &#8220;may&#8221;, &#8220;could&#8221;, &#8220;would&#8221;, &#8220;might&#8221; or &#8220;will be taken&#8221;, &#8220;occur&#8221; or &#8220;be achieved&#8221;. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.<\/p>\n<p align=\"justify\">NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMTgyMCM0MTA2ODA1IzIwOTEwNzQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/e6dc3f66-6b0e-4be9-9c97-388ae07b3019\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Medivolve announces an investor webinar Thursday April 15th at 1 pm ET. TORONTO, April 06, 2021 (GLOBE NEWSWIRE) &#8212; Medivolve Inc.\u00a0(\u201cMedivolve\u201d) (NEO:MEDV; OTC:COPRF; FRA:4NC) is pleased to provide a sales update for its wholly owned subsidiary, Collection Sites, LLC. During the month of March, Collection Sites realized the sale of 20,574 tests at an average selling price of $99 per test across its network. Approximately 59% of the sales were insurance pay, with the balance being cash sales. The Company continued to see the strongest demand for antigen tests, followed by antibody and then PCR tests. \u201cMarch was another solid month of sales for Collection Sites with over 20,000 tests conducted across our network. Compared to a more substantial drop &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Medivolve Subsidiary Collection Sites Provides March Sales Update With Total Sales of 20,574 Tests at an Average Price of $99 per Test&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-471473","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Medivolve Subsidiary Collection Sites Provides March Sales Update With Total Sales of 20,574 Tests at an Average Price of $99 per Test - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medivolve Subsidiary Collection Sites Provides March Sales Update With Total Sales of 20,574 Tests at an Average Price of $99 per Test - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Medivolve announces an investor webinar Thursday April 15th at 1 pm ET. TORONTO, April 06, 2021 (GLOBE NEWSWIRE) &#8212; Medivolve Inc.\u00a0(\u201cMedivolve\u201d) (NEO:MEDV; OTC:COPRF; FRA:4NC) is pleased to provide a sales update for its wholly owned subsidiary, Collection Sites, LLC. During the month of March, Collection Sites realized the sale of 20,574 tests at an average selling price of $99 per test across its network. Approximately 59% of the sales were insurance pay, with the balance being cash sales. The Company continued to see the strongest demand for antigen tests, followed by antibody and then PCR tests. \u201cMarch was another solid month of sales for Collection Sites with over 20,000 tests conducted across our network. Compared to a more substantial drop &hellip; Continue reading &quot;Medivolve Subsidiary Collection Sites Provides March Sales Update With Total Sales of 20,574 Tests at an Average Price of $99 per Test&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-06T11:33:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMTgyMCM0MTA2ODA1IzIwOTEwNzQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Medivolve Subsidiary Collection Sites Provides March Sales Update With Total Sales of 20,574 Tests at an Average Price of $99 per Test\",\"datePublished\":\"2021-04-06T11:33:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\\\/\"},\"wordCount\":971,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIxMTgyMCM0MTA2ODA1IzIwOTEwNzQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/medivolve-subsidiary-collection-sites-provides-march-sales-update-with-total-sales-of-20574-tests-at-an-average-price-of-99-per-test\\\/\",\"name\":\"Medivolve Subsidiary Collection Sites Provides March Sales Update With Total Sales of 20,574 Tests at an Average Price of $99 per Test - 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TORONTO, April 06, 2021 (GLOBE NEWSWIRE) &#8212; Medivolve Inc.\u00a0(\u201cMedivolve\u201d) (NEO:MEDV; OTC:COPRF; FRA:4NC) is pleased to provide a sales update for its wholly owned subsidiary, Collection Sites, LLC. During the month of March, Collection Sites realized the sale of 20,574 tests at an average selling price of $99 per test across its network. Approximately 59% of the sales were insurance pay, with the balance being cash sales. The Company continued to see the strongest demand for antigen tests, followed by antibody and then PCR tests. \u201cMarch was another solid month of sales for Collection Sites with over 20,000 tests conducted across our network. 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