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VeriChip Enters Into Strategic Partnership with Diabetes Research Institute


10/21/2009 10:18:32 AM

DELRAY BEACH, Fla. & MIAMI--(BUSINESS WIRE)--VeriChip Corporation ("VeriChip") (NASDAQ: CHIP) announced today that it has entered into a strategic partnership with the Diabetes Research Institute ("DRI") to combine efforts on the further development of the glucose-sensing radio frequency identification (RFID) microchip in conjunction with VeriChip's development partner, RECEPTORS LLC. VeriChip and DRI also intend to create a prospective, randomized, comparative clinical study that will seek to address the lack of appropriate, concise, and up-to-date patient health information available to both practitioners caring for diabetic patients and the patients themselves through the utilization of VeriChip's interoperable personal health record, Health Link, and an electronic medical record system.

Read at BioSpace.com


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