Most New Jerseyans likely know that they can get a free COVID-19 at-home test. While the the program is made possible by federal funds, the government is not actually distributing the tests, evaluating the samples and returning the results.
Those tasks are being handled by Vault Health, a telehealth startup that once focused on testosterone therapy. After some early hiccups — including an outbreak at the company’s lab in Piscataway that required a shift of work to the Midwest, the program does seem to be working as advertised. New Jerseyans can call or go online to get a test, sign up for a Zoom call during which a Vault staff member walks them through the process, mail in a saliva sample and await the results. All at no cost.
Not a bad deal. So for this edition of NJBIZ Conversations, Editor Jeff Kanige spoke with Vault founder and CEO Jason Feldman about the program, the company’s evolution and its growth prospects. “We’re successfully growing our life sciences business working with biotech and biopharma,” he said. “We’re not distracted by the fact that COVID continues to grow and continues to perform for us. It’s allowing us to build new software new capabilities and expand into new markets. I’m very focused on international expansion at this point — we’re going to move into somewhere between 50 and 70 countries.”
To watch the full interview, click here.