Epistem signs distribution deal for TB diagnostic machine
6th August 2012
Epistem's Genedrive device
BIOTECH firm Epistem has signed a Tuberculosis diagnostic supply and distribution agreement with medical technology group Becton, Dickinson and Company.
The Manchester company's Genedrive machine uses molecular diagnosis to provide a rapid test which can highlight a range of conditions within 30 minutes.
The agreement, on a global basis excluding India and the Indian Sub Continent, includes an upfront payment of $1m with further milestone payments of up to $3m, alongside escalating supply volumes over the next five years.
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