BMT Diagnostics Ltd. (hereinafter "BMT" or the "Company") was founded in 2004 and has been active in developing, manufacturing and marketing innovative rapid diagnostic tests (RDT) in Israel and internationally. BMT has pioneered the first of its kind patented Lab-On-Time™ platform of NO STEP RDT device for COVID-19 Ag, Strep A, and Influenza A+B testing using a device-integrated throat swab. BMT is also developing a similar product platform for integrated blood sampling and testing.