Q&M Dental Group will not renew Acumen's lab licence, suspends operations

It will also close its joint testing and vaccination centre in Sengkang from 1 December.

Q & M Dental Group has suspended Acumen's laboratory operations, choosing not to renew its laboratory licence after its expiration on 15 September.

The decision reflects Acumen’s continued losses throughout 2023 and the first half of 2024, compounded by a reduced demand for COVID-19 PCR testing.

The group said that it plans to redirect potential cost savings toward developing new diagnostics-related ventures within Acumen’s portfolio.

Additionally, Q & M announced that it will close the joint testing and vaccination centre in Sengkang, effective 1 December, following Ministry of Health (MOH) directives.

The cessation of Acumen’s testing operations will halt its contributions to the group’s revenue, though Q & M assured that it will continue to pursue new MOH contract opportunities and explore reapplying for a laboratory licence in the future to resume clinical testing services.

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Ministry of Health

Q&M Dental Group

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