News | December 22, 1998

AMRAD and Becton Dickinson Form Strategic Alliance

AMRAD Corp. Ltd. has signed a strategic alliance agreement for the development and distribution of rapid diagnostic tests with Becton Dickinson and Co.

AMRAD ICT and Becton Dickinson plan to expand the global rapid diagnostic market by distributing AMRAD ICT tests under the Becton Dickinson label in selected territories.

The alliance will also involve the collaboration between the companies in the development and launch of new tests to meet the growing demand for rapid disease diagnosis. Becton Dickinson's distribution and marketing expertise to promote the advantages and reliability of rapid point-of-care diagnostic testing will assist AMRAD to achieve the overall sales and profitability objectives set for the division.