Mediwatch plc
OEM Partnership with ACON Laboratories
Mediwatch Plc ("Mediwatch" or "the Company", AIM: MDW), the innovative urological diagnostic manufacturing company, has entered into an Original Equipment Manufacture ("OEM") partnership with ACON Laboratories Inc. ("ACON") to distribute urinalysis products.
This partnership includes a distribution agreement that was signed by Mediwatch to distribute worldwide the ACON line of urinalysis products under the Mediwatch brand, Urinewatch. The worldwide urinalysis market is estimated to be worth over $500 million in annual sales.
ACON is an internationally renowned diagnostic company with manufacturing and distribution in China and the US. This company has been a leader in the production of quality diagnostic tests in their particular field.
Mediwatch is excited to have the opportunity of working with this international group and to add this new diagnostic product to its exclusive urology diagnostic range.
Philip Stimpson, Mediwatch's Chief Executive commented:
"This is an excellent opportunity for Mediwatch to expand its one-stop shop offering for Urologists."
OEM Partnership with ACON Laboratories
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