NDC provides P70M for diagnostic facility

By Janine Alexis Miguel

Aug 21, 2024 12:29 am

THE National Development Co. (NDC), a government investment agency, has poured in P70 million to Manila HealthTek Inc. (MTek), a Filipino research and development company that made the country's own reverse transcription-polymerase chain reaction swab testing kit during the pandemic.

NDC General Manager Anton Mauricio on August 15 formally turned over to MTek Executive Vice President Marlo Destura the P70-million, which represents NDC's acquisition of MTek equity.

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