Meridian Bioscience, Inc., (NASDAQ: VIVO) is pleased to announce the commencement of a new, direct distribution arrangement in Australia for the Meridian diagnostic products. Meridian is transitioning the sales of the Meridian diagnostic products from its current distributor to its direct sales force through Bioline (Aust) Pty Ltd. (Bioline Australia), a wholly-owned subsidiary of Meridian Bioscience, Inc.
Bioline Australia, The PCR Company, is a leading manufacturer and distributor of molecular biology reagents for the life science, pharmaceutical and commercial diagnostic markets. The combination of the Bioline PCR products with the Meridian portfolio of infectious disease diagnostic tests provides a unique range of products to the market. Having both product lines offered through one source will help better serve our current customers and, at the same time, increases the opportunities to reach new ones. Bioline PCR reagents complement Meridian’s new molecular platform, illumigene ®, providing a wide menu of molecular components, reagents and diagnostic tests to a broad range of laboratories.
Richard L. Eberly, Chief Commercial Officer of Meridian Bioscience, Inc., stated, “Combining our Australian business through Bioline/Meridian was a strategic decision toward strengthening our global distribution. Additionally, Bioline and Meridian have several common factors; both have innovative, high quality products which help deliver faster and more accurate results while improving patient care and both are focused on delivering strong technical support and outstanding customer service.”
Colin Denver, Regional Sales Director of Bioline Australia, stated, “We are looking forward to the opportunity to bring the Meridian infectious disease diagnostic products on board. There is a strong alignment between Meridian products and our current customer base. It is exciting to offer Meridian’s new molecular test, illumigene ®, that has a very good fit in our market.”Bioline Australia can be reached by phone at 61(02)9209-4180, fax 61(02)9209-4763 or visit their website: www.bioline.com Meridian is a fully integrated life science company that manufactures, markets and distributes a broad range of innovative diagnostic test kits, purified reagents and related products and offers biopharmaceutical enabling technologies. Utilizing a variety of methods, these products and diagnostic tests provide accuracy, simplicity and speed in the early diagnosis and treatment of common medical conditions, such as gastrointestinal, viral and respiratory infections. Meridian’s diagnostic products are used outside of the human body and require little or no special equipment. The Company's products are designed to enhance patient well-being while reducing the total outcome costs of healthcare. Meridian has strong market positions in the areas of gastrointestinal and upper respiratory infections, serology, parasitology and fungal disease diagnosis. In addition, Meridian is a supplier of rare reagents, specialty biologicals and related technologies used by biopharmaceutical companies engaged in research for new drugs and vaccines. The Company markets its products and technologies to hospitals, reference laboratories, research centers, veterinary testing centers, diagnostics manufacturers and biotech companies in more than 60 countries around the world. The Company’s shares are traded through NASDAQ’s Global Select Market, symbol VIVO. Meridian's website address is www.meridianbioscience.com. FORWARD LOOKING STATEMENTS