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EraGen Biosciences Inc. And Inter Medico Sign Canadian Market Distribution Agreement For Nucleic Acid Detection Products


10/19/2005 5:10:27 PM

MADISON, Wis. and TORONTO, March 15 /PRNewswire/ -- EraGen Biosciences, a rapidly growing life science company driving a new era in genetic diagnostics and drug discovery, announced today they have signed a distribution agreement with Inter Medico, Canada's leading independent distributor of advanced clinical in-vitro diagnostic products.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010305/FLM003LOGO )

"Inter Medico is noted for the continual pursuit of new diagnostic technologies and medical research endeavors. Both companies share the same goal; to create innovative solutions that provide strong long-term customer value. Inter Medico's highly skilled team provides specialized diagnostic products, services and support to many of Canada's leading hospitals, clinical reference laboratories, government, and biopharmaceutical laboratories. We are extremely excited to have EraGen's products represented by Inter Medico, a highly respected, well established and successful clinical diagnostic business partner," said Irene Hruvosky, MD, President and CEO of EraGen Biosciences.

Inter Medico prioritizes growth markets and forms strategic alliances with leading edge innovators in molecular genetics and now EraGen, who share the same vision and goals for market leadership in diagnostics.

"Exclusive strategic alliances with world-class manufacturers have allowed us to consistently deliver products that advance medicine and patient care. This exclusive Canadian strategic alliance with EraGen will allow us to expand our molecular diagnostic products to include state of the art diagnostic assay systems that shows significant improvement over traditional methods, as proven with their new SARS assays," said Dan Lichtman, President and CEO of Inter Medico.

About EraGen Biosciences

Based in Madison, Wisconsin, EraGen Biosciences is driving innovative genetic-based diagnostics and drugs to market faster. The company develops and commercializes high performance molecular diagnostics and drug discovery products to capitalize on the rapidly growing market for personalized medicine and rapid response needs for bioterrorism. Further information is available at http://www.eragen.com/ , or 608-662-9000.

About Inter Medico

Inter Medico, founded in 1979 is a leading independent Canadian Distributor of advanced technological in-vitro diagnostic products. Inter Medico's products can be found in Canadian Hospitals, Reference Laboratories, Universities, and the Biopharmaceutical industry. Further information is available at http://www.inter-medico.com/ or 905-470-2520

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010305/FLM003LOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, 888-776-6555 or 212-782-2840 EraGen Biosciences

CONTACT: Regina Reynolds of EraGen Biosciences, +1-608-662-9000 ext.306



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