Follow us...

 

Search News Archives

News Channels

 

New Laboratory Products

Lab News

Research & Case Studies

Microscopy | Image Analysis

Separation Science

Brochures & Literature

Videos

Events | Webinars

 

 

Conferences | Events

Horizon Discovery and Genewell Biotechnology enter into Partnership for Distribution of Diagnostic Reference Standards for the Chinese Market

publication date: Apr 12, 2018
 | 
author/source: Horizon Discovery Group

Horizon Discovery Group plc (LSE: HZD), a global leader in the application of gene editing and gene modulation to deliver inspired cell solutions, announces that it has entered into a partnership with Genewell Biotechnology Limited (“Genewell”), an innovative life science company focused on accelerating the standardisation of diagnostic testing in China.

Under the terms of the agreement, Genewell will manufacture Horizon reference standards within China and distribute them as Research Use Only (RUO) products to Chinese diagnostic companies for use in their assay development programmes.  Genewell will simultaneously pursue approval for the use of Horizon’s reference standards with the Chinese Food and Drug Administration (CFDA). Once approved, these reference standards have the potential to be sold directly to the broader clinical laboratory market through Genewell’s existing reach within China. Horizon will receive a royalty on all reference standards sold.

Mr. Richard Vellacott, Interim CEO and CFO, Horizon Discovery, commented: “As part of our global leadership strategy, Horizon has established the relationships and reputation needed to succeed in China. Our partnership with Genewell enables us to accelerate the process of bringing our high quality reference standards, both pre-existing and newly developed, to the whole of the Chinese market.”

Jing Liang, Founder and Spokesperson, Genewell Biotechnology, commented: “Genewell seeks to help drive improvements in clinical diagnostic testing, and so we are pleased to be able to make Horizon’s high quality Reference Standards more broadly available within China.”




 

 

Popular this Month...

Our Top 10 most popular articles this month

 

Today's Picks...

 

 


 

Looking for a Supplier?

Search by company or by product

 


Company Name:

Product:


 

 

Please note Lab Bulletin does not sell, supply any of the products featured on this website. If you have an enquiry, please use the contact form below the article or company profile and we will send your request to the supplier so that they can contact you directly.

Lab Bulletin is published by newleaf marketing communications ltd

 


Promotions

 

Media Partners