Hansa Medical licensee Axis-Shield Diagnostic Limited enters agreement with Hangzhou Joinstar Biomedical Technology Co Ltd
Hansa Medical’s licensee Axis-Shield Diagnostic Limited has signed a sub license with the Chinese diagnostics company Hangzhou Joinstar Biomedical Technology Co Ltd for the commercialization of an HBP-assay in China. Hansa Medical is entitled to royalties from license fees paid to Axis-Shield Diagnostics Limited and royalties from sales made by Axis Shield Diagnostic Limited.HBP-assay is a market-launched diagnostic method for predicting severe sepsis at emergency wards. In December 2012, Hansa Medical's partner, Axis-Shield Diagnostics Ltd, launched a CE marked version of the assay. The