Accelr8 Technology Corporation Announces Sale of OptiChem(R) Bio-Coatings License for Diagnostic Products

DENVER--(BUSINESS WIRE)--Accelr8 Technology Corporation (NYSE Amex: AXK) today announced that it completed the sale of a non-exclusive license for its proprietary OptiChem® bio-coatings to an innovative, public diagnostics company. The licensee is paying $1,865,000 over four annual escalating payments and intends to use OptiChem® in its disposable diagnostic devices.
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