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Bullboard - Stock Discussion Forum Response Biomed Corp RPBIF

"Response Biomedical Corp is engaged in the research, development, commercialization and distribution of diagnostic technologies for the medical central-lab testing, point of care (POC) testing and on-site environmental testing markets."

GREY:RPBIF - Post Discussion

Response Biomed Corp > Good News
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Post by dimar66 on Jan 03, 2013 1:59pm

Good News

Newly formed US subsidiary, good news, we are serious about devloping the US market.

The distribution agreement was entered into between Response Biomedical's newly formed, wholly owned U.S. subsidiary Response Point of Care Inc. and LABSCO for an initial term of three years and is renewable annually thereafter upon mutual agreement. LABSCO will initially market Response's cardiovascular POC test panels on the RAMP(R) Reader in all settings and on the RAMP(R) 200 reader in laboratory settings. Response will continue to market the cardiovascular POC test panel on both the RAMP(R) 200 reader and RAMP(R) Reader outside the US, and the RAMP(R) Flu A+B Assay and RAMP(R) RSV Assay on the RAMP(R) 200 reader globally where approved for sale by relevant regulatory authorities.

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