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Universal Biosenors Acquires Hemostasis Reference Laboratory

  • Published December 19, 2016 12:57PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

19th December 2016 – ASX Announcement

Universal Biosensors Inc (ASX: UBI) has announced that its wholly-owned Canadian operating subsidiary has signed an agreement with LifeLabs LP (LifeLabs) to acquire the assets of LifeLabs’ Hemostasis Reference Laboratory business (HRL) in preparation for future increased production requirements of Siemens’ Xprecia Stride™ test strips.

The HRL business has provided high-quality coagulation testing and calibration services to international customers for more than 20 years, including 5 years of services for UBI. HRL has one of the most diverse offerings of specialised coagulation services in the world.

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