MedMira Strengthens North American Sales Channels, Adding VWR as Distributor for the United States
May 28 2009 - 8:14AM
PR Newswire (US)
HALIFAX, May 28 /PRNewswire-FirstCall/ -- MedMira Inc., ("MedMira")
(TSX Venture: MIR, NASDAQ: MMIRF), a developer and marketer of
rapid diagnostic technology and solutions, announced today that VWR
International, LLC (VWR) has joined the Company's U.S. distribution
network. Headquartered in West Chester, Pennsylvania, VWR is a
global laboratory supply and distribution company with worldwide
sales in excess of $3.7 billion. "The U.S. is an important market
for MedMira and building out our distribution network is a key
initiative in maintaining and expanding our market position. Adding
VWR to our U.S. distribution network will increase our sales
revenues and enable us to fully capitalize on opportunities to
launch new products in the market," said Hermes Chan, CEO, MedMira.
"VWR will work with MedMira's U.S.-based sales and marketing
partner American Health Diagnostics (AHD) to expand sales for our
Reveal G3 rapid HIV test and identify opportunities for new MedMira
products." "We provide our customers with the most innovative
products available on the market today. Adding MedMira's 3-minute
rapid HIV test to our product portfolio will provide our U.S.
customers with a critical diagnostic tool," said Mark McLoughlin,
Senior Vice President, Category Management North America, VWR.
About MedMira MedMira is a leading developer and manufacturer of
flow-through rapid diagnostics. The company's tests provide
hospitals, labs, clinics and individuals with reliable, rapid
diagnosis for diseases such as HIV and hepatitis C in just three
minutes. The company's tests are sold under the Reveal(R),
MiraWell(R), MiraCare(TM) and Multiplo(TM) brands in global
markets. MedMira's rapid HIV test is the only one in the world to
achieve regulatory approvals in Canada, the United States, China
and the European Union. MedMira's corporate offices and
manufacturing facilities are located in Halifax, Nova Scotia,
Canada. For more information visit MedMira's website at
http://www.medmira.com/. This news release contains forward-looking
statements, which involve risk and uncertainties and reflect the
company's current expectation regarding future events. Actual
events could materially differ from those projected herein and
depend on a number of factors including, but not limited to,
changing market conditions, successful and timely completion of
clinical studies, uncertainties related to the regulatory approval
process, establishment of corporate alliances and other risks
detailed from time to time in the company quarterly filings. The
TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this statement.
DATASOURCE: MEDMIRA INC. CONTACT: Andrea Young, (902) 450-1588,
Copyright