Last checked at 5 Apr 2012 07:00
EKF Diagnostics Holdings plc
("EKF" or the "Company")
China Patent Grant
EKF Diagnostics Holdings plc (AIM: EKF), a growing business within the in-vitro diagnostic devices market, announces that it has been granted a patent in the People's Republic of China for its Hemo Control microcuvettes, branded as NXT microcuvettes.
EKF has received a Certificate of Invention Patent from the State Intellectual Property Office in relation to patent rights for the cuvettes that are used with Hemo Control, EKF's hemoglobin measurement system. The patent is the first step for EKF to sell Hemo Control through its distribution network in China. EKF will seek approval from China's State Food and Drug Administration (SFDA) for Hemo Control and will provide further updates as appropriate.
EKF announced recently that it had been granted a patent in the US for the same HemoPoint H2 microcuvettes. In the US, Hemo Control is sold as HemoPoint H2 and the cuvettes are also branded as NXT microcuvettes.
According to EKF's new Chinese Distributor a total of 9.6m hemoglobin tests were performed in China across 400 blood banks in 2008.
Commenting, Julian Baines, CEO of EKF Diagnostics Holdings plc, said:
"We're very pleased to receive patent protection in China for our Hemo Control microcuvettes. We've been successfully growing our presence in China, and recent approval from China's SFDA for our Quo-Test has helped drive increased sales. Nearly 6% of our revenues came from China last year and we're confident that we will continue to grow sales in that area, which will be complemented by the expected launch of Hemo Control in China next year."
Enquiries:
EKF Diagnostics Holdings plc | Tel: 029 2071 0570 |
David Evans, Executive Chairman | Mob: 07740 084 452 |
Julian Baines, CEO | Mob: 07788 420 859 |
Canaccord Genuity Limited | Tel: 020 7523 8000 |
Jamie Adams / Mark Dickenson | |
Walbrook PR Limited | Tel: 020 7933 8780 |
Paul McManus | Mob: 07980 541 893 or paul.mcmanus@walbrookpr.com |
Fiona Henson | Mob: 07886 335 992 or fiona.henson@walbrookpr.com |
About EKF Diagnostics Holdings plc
EKF Diagnostics Holdings plc was formed in July 2010 following the acquisition of EKF-diagnostic GmbH for €14.32m and refocused its strategy to one of building a substantial point of care diagnostics business. As part of this strategy, the Group has integrated three further acquisitions, Quotient Diagnostics Limited (acquired in October 2010 for a maximum of £5.41m), Argutus Medical Limited (acquired in December 2010 for £2.18m) and Stanbio Laboratory L.P. (acquired in June 2011 for a maximum of US$25.5m).
The Company, with its head office in Cardiff and operations in London, Germany, Poland, Russia, Ireland and the US, is a leading diagnostics business, focused on the development, production and distribution of chemical reagents and analysers for the testing of Glucose, Lactate, Haemoglobin, Haematocrit and HbA1c.
In May 2011 EKF entered into a distribution agreement with Alere Inc ("Alere"), a global diagnostics company, under which Alere was appointed the exclusive distributor of EKF's CLIA waived Hemo_Control device and cuvettes in the US, Canada and United Kingdom. The device is distributed in the US under the name HemoPoint H2.
For more information please visit the website: www.ekfdiagnostics.co.uk