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update:Jun 13, 2006
Rockeby to acquire bird flu rapid tests globally
Australian biotechnology company Rockeby Biomed Ltd, based in West
Perth, has signed a Memorandum of Understanding with Pacific Biotech, whereby
Pacific will assign the ownership of the avian and human influenza rapid
diagnostic tests to Rockeby.
The company said the change from the previous marketing agreement to a full
rights agreement would result in a reduction in the direct cost of both products
of approximately 70%.
The company expects to execute the MoU into a
full agreement within 3 months subject to the satisfactory completion of due
diligence.
Last week, the company announced that it had received and
dispatched an order for 7,000 of its rapid diagnostic tests for Avian (or Bird)
Flu to Romania.
The National Sanitary Veterinary and Food Safety
Authority in Bucharest, Romania, reported on 16th May five new outbreaks in that
country.
The Rockeby Avian Influenza Virus Rapid Kit is recommended
by the Institute for Diagnosis and Animal Health.
In February, the
company completed further distribution deals in Europe for its avian bird flu
diagnostics as the strain of avian influenza A, H5N1, spread from Asia to the
European Union.
Editor WorldPoultry
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