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Enigma and Beijing Leadman Form Infectious Disease Diagnostic JV

publication date: Oct 22, 2014
Enigma Diagnostics of England announced a joint venture with Beijing Leadman Biochemistry for China development of Enigma's molecular diagnostic point-of-care (PoC) infectious disease test. Beijing Leadman will market the Enigma Mini Laboratory PoC molecular diagnostic system in China, while Enigma will out-license China rights for its technology to the JV. The JV will develop molecular assays specifically for the China market and manufacture the tests in China. In addition, Enigma  signed a $50 million subscription agreement with Sailing Capital of Shanghai to market the system in Europe. More details....

Stock Symbol: (SHE: 300289)

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