KINDERHOOK, N.Y.--(BUSINESS WIRE)--American Bio Medica Corporation (NASDAQ:ABMC) announced today that they have signed a Distribution Agreement with Devor Global, LLP, a privately held company located in the Republic of Panama. Under the agreement, Devor has been granted the exclusive right to distribute ABMC’s Rapid STAT™ oral fluid drug test and its Rapid TOX Cup™ urine based drug test in Latin America, subject to achieving and maintaining annual volume requirements. Devor has also been granted the non-exclusive right to distribute the rest of ABMC’s product lines within the territories of Latin America.
