Hangzhou Joinstar And Response Biomedical In $9 Million Deal

Hangzhou Joinstar Biomedical Technology, a China IVD company, and Response Biomedical of Canada will co-develop multiple assays to run on Joinstar's high throughput rapid immunoassay analyzer. Joinstar said its new analyzer has much higher throughput than the current crop of point-of-care machines. Response will be paid a total of $8.82 million for its work.

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