Security Bank Foundation Donates P15-M for Bio-Molecular Lab in Cebu City

Senator Richard J. Gordon, chairman and CEO of the Philippine Red Cross (PRC), commended the Security Bank Foundation for its P15-million donation which would enable the PRC to put up a bio-molecular laboratory in Cebu City and help prevent the spread of the coronavirus disease 2019 or COVID-19 in the region

Gordon pointed out that with Cebu City located in Central Visayas, building a testing facility in the province would boost the capacity of the region, where almost 2,000 cases have been recorded as of May 12, to prevent the spread of the disease.

“We thank the Security Bank Foundation for making this generous donation. The need for testing cannot be over-emphasized in order to unmask the virus and prevent or control its spread. We are grateful that Security Bank Foundation partnered with us in this endeavour which would save the lives of our countrymen in the Central Visayas. Security Bank has always been one of the generous donors of the Red Cross,” he said.

The board of trustees of the Security Bank Foundation recently approved a P15-million donation to the PRC to set up a bio-molecular laboratory at the its chapter located along Osmena Boulevard, Cebu City. Security Bank has been a long-time regular donor of the Red Cross.

The PRC already opened two testing centers that are both equipped with polymerase chain reaction machines that can run up to a total of 8,000 tests a day. The PRC’s testing capacity would expand to 20,000, with the opening of another testing center in Port Area, Manila this week and four others in Subic, Clark, Batangas and Los Banos in the next few weeks.

The PRC, which has the distinction of being the only Red Cross national society with a bio-molecular laboratory system, is planning on opening at least 14 bio-molecular laboratories throughout the entire country to prevent the spread of COVID-19 and other diseases that may emerge or re-emerge in the future.

Source: Philippine Red Cross Press Release

 

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