Corporate | 30 September 2004 10:00
STRATEC and BIOTEST conclude agreement on further development of TANGO
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STRATEC and BIOTEST renew cooperation
STRATEC Biomedical Systems AG and Biotest AG conclude agreement on further
development and supply of TANGO, the fully automated blood grouping analyzer
Birkenfeld/Dreieich, September 30, 2004
STRATEC Biomedical Systems AG, Birkenfeld, and Biotest AG, Dreieich, concluded
an agreement in September 2004 for the further development and supply of
TANGO, the fully automated blood grouping analyzer.
In view of the FDA approval expected for the start of 2005, TANGO, which
Biotest already sells on the European market, will be modified for the
requirements of the US diagnostics market and equipped with additional
functions and further-developed technologies.
Filing for TANGO’s and the associated reagents’ FDA (Food and Drug
Administration) approval is a key milestone for Biotest in further marketing
this blood grouping device. In order to penetrate the US market, Biotest has
entered into a strategic sales alliance with Olympus America Inc., one of the
market leaders for fully automated blood grouping serology in North America.
This distribution agreement is also valid for the Canadian market, where the
approval was already achieved by Olympus.
The TANGO analyzer automates the complete blood group typing and antibody
screening, and its standardized method guarantees a high degree of security
when conducting blood-group serum tests. It replaces lengthy manual processing
stages and hand-written documentation, and thus allows scarce resources to be
used more economically.
About Biotest AG
Biotest AG’s activities focus on its two divisions of Diagnostics and
Pharmaceuticals in the fields of medical transfusions and transplantations,
autoimmune diseases, infections and hygiene control. Biotest AG’s shares are
admitted to Prime Standard trading.
About STRATEC Biomedical Systems AG
STRATEC AG (http://www.stratec-biomedical.de) designs and manufactures fully
automated systems for its partners in the fields of clinical diagnostics and
biotechnology. These partners market such systems together with their own
reagents to laboratories and research institutes around the world. The company
develops its products on the basis of its own patented technologies. Shares in
the company (WKN: 728900 / ISIN: DE0007289001) are traded in the Prime
Standard segment of the Frankfurt Stock Exchange, in the trading segment
Gate-M of the Stuttgart Stock Exchange and on other exchanges.
For further information please contact:
STRATEC Biomedical Systems AG
Investor Relations
André Loy
Gewerbestrasse 37
75217 Birkenfeld, Germany
Telephone: +49 (0)7082 7916-190
Telefax: +49 (0)7082 7916-999
E-mail: ir@stratec-biomedical.de
Biotest AG
Head of PR/IR
Hubert Bötsch
Landsteinerstrasse 5
63303 Dreieich, Germany
Telephone: +49 (0)6103 801-444
Telefax: +49 (0)6103 801-880
E-mail: hubert_boetsch@biotest.de
end of message, (c)DGAP 30.09.2004
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WKN: 728900; ISIN: DE0007289001; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard) und Stuttgart;
Freiverkehr in Berlin-Bremen, Düsseldorf und München
301000 Sep 04