Deals13 May 2024, 10:13 pm
TCM LTD. Enteres MOU with Biogenix Inc. for Contract Manufacture of Diagnostic Reagents
AI Summary
TCM LTD. has entered into a Memorandum of Understanding (MOU) with Biogenix Inc. for the contract manufacture of various reagents used in diagnostic laboratories. Biogenix, a company with expertise and statutory licenses in reagent manufacturing, will produce reagents for TCM under their brand and packing as per TCM's specifications.
Key Highlights
- TCM has entered into an MOU with Biogenix for contract manufacture of diagnostic reagents.
- Biogenix holds necessary licenses and expertise in reagent manufacturing.
- TCM will rely on Biogenix's competency and expertise for quality.
- Biogenix will provide manufacturing, storage, packing, and delivery services.
- There is no shareholding or special rights mentioned in the agreement.