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SALT LAKE CITY--(BUSINESS WIRE)--Co-Diagnostics, Inc. and DNA Logix announced today that they have reached an agreement to form a joint venture, Co-Diagnostics HBDC LLC, to address diagnostic problems for infectious diseases unique to high burden developing countries (HBDC). It is estimated that while HBDC’s have 90% of the burden of disease worldwide, only about 10% of research and development is devoted to them. Co-Diagnostics HBDC will sell testing products and services to these middle- and low-income countries based on proprietary real-time PCR testing technology developed by DNA Logix and licensed to Co-Diagnostics HBDC specifically for that market.
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