Akers Biosciences announces $864,000 Sales contract for its rapid results point of care cholesterol test


THOROFARE, N.J.- Akers Biosciences, Inc. (Nasdaq:AKER) (AIM:AKR.L), (the "Company" or "ABI"), a leading designer and manufacturer of rapid diagnostic screening and testing products, announced a contract valued at $864,000 for sales of its innovative Tri-Cholesterol "Check" tests in Australia, Singapore, the United Arab Emirates and Oman. The Company's products are being distributed in such regions by 36 Strategies General Trading LLC ("36S"), a Dubai-based procurement solutions company. Target customers in Australia, Singapore, the United Arab Emirates and Oman include military forces, medical associations, universities and large companies operating in the resources sector.

The Company's Tri-Cholesterol "Check" is a revolutionary finger-stick

blood sample technology and the only combined rapid test which provides

an estimate of both Total and High Density Lipoprotein ("HDL")

cholesterol levels; thereby providing an estimate of the subject's Low

Density Lipoprotein ("LDL") levels.

ABI's Tri-Cholesterol "Check" test carries a U.S. Food and Drug

Administration ("FDA") Over-the-Counter approval; three CE marks for

the European Economic Area; and a Health Canada approval.

Raymond F. Akers Jr., Ph.D, Executive Chairman of Akers Biosciences,

stated, "This order gives us confidence that this test could become a

very important and widely used test worldwide. There are an estimated

200 million people worldwide who have abnormal cholesterol levels. Our

self-administered point-of-care test for cholesterol is easy-to-use,

low cost, and revolutionary in point-of-care diagnostics. We are very

pleased with the sales results we have achieved in these regions in a

very short time through our distribution partner in the Middle East."

Revenue related to this order for Tri-Cholesterol "Check" tests (a

Rapid Enzymatic Assay product) was recognized in the accounts for the

six months ended June 30, 2014.

ABOUT AKERS BIOSCIENCES, INC.

Akers Biosciences develops, manufactures, and supplies rapid, point of

care screening and testing products designed to bring healthcare

information both rapidly and directly to the consumer or healthcare

provider. The Company has advanced the science of diagnostics while

responding to major shifts in healthcare through the development of

several proprietary platform technologies. The Company's

state-of-the-art rapid diagnostic assays can be performed virtually

anywhere in minutes when time is of the essence. The Company has

aligned with major healthcare companies and high volume medical

products distributors to maximize product offerings, and to be a major

worldwide competitor in diagnostics.

Additional information on the Company and its products can be found on

our website at www.akersbiosciences.com. Follow us on Twitter

@AkersBio.

 



September 11, 2014


Topic Area: Press Release


Recent Posts

From Vacant to Vital: Adaptive Reuse of Retail Spaces

Adaptive reuse of big-box retail spaces is an increasingly popular way to expand access to healthcare in urban and suburban settings.


Community Health Network Falls Victim to Data Breach

The Indiana-based network has no evidence that any personal information has been or will be misused as a direct result of this incident.


Hudson Regional Health Launches 4-Hospital System

The launch comes after CarePoint’s bankruptcy plan was confirmed and went “effective.”


Must Know Recalls of 2025

For the safety of our readers, Healthcare Facilities Today has closely followed all recall notices related to the industry.


Sustainability as a Baseline in Healthcare Facilities

Hospitals can balance costs, build resilience and learn from global models for sustainable design to further their green goals.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.