06 July 2023 | Thursday | News
Image Source | Public Domain
This announcement of the MetaPanel™ sales contract is the first commercial contract signed since Sonic Healthcare's strategic investment of $17.8 million in microba on November 29, 2022. In this investment, Sonic and Microva agreed on the initial terms of a strategic partnership to sell Microba's microbiome testing technology to major markets of Sonic Healthcare. With the conclusion of this sales agreement, the first phase of the commercial sales arrangement will be completed, and the MetaPanel™ test will be sold throughout Australia through Sonic Healthcare's Australian Pathology Network.
Dr. Luke Reed, CEO of Microba, said, "Through Sonic Healthcare's professional national laboratory network, we can provide Microba's testing products to clinicians and patients across Australia. I'm happy to be. MetaPanel™'s technology has been developed for many years and is ahead of the world in pathology with comprehensive metagenome testing for gastrointestinal infections. Sonic Healthcare provides high-quality pathology testing services on the front line and will lead commercialization efforts to provide MetaPanel™ testing throughout Australia. Sonic Australia will be the first region to sell microba technology, and we are planning to sell our inspection technology and products through partnerships to further markets around the world."
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