IVAX Diagnostics Enters into Distribution Agreement with LABSCO
IVAX Diagnostics, Inc. (NYSE: IVD) announced that Diamedix Corporation, IVAX Diagnostics' wholly-owned subsidiary located in Miami, Florida, has signed a three-year agreement with Laboratory Supply Company, the largest privately held supplier of diagnostic instrumentation and clinical laboratory products to hospitals, physician office laboratories, reference labs and other non-acute care settings in the United States.
The agreement provides for LABSCO to act as a distributor in the United States for Diamedix's suite of instrumentation systems and test kits, which includes the Mago® 4S automated ELISA and IFA instrumentation system that received 510(k) clearance from the U.S. Food and Drug Administration earlier this year, as well as over 200 assays that can be run on the Mago® 4S. The products will be marketed under the Diamedix brand name.
