Business
DECN Updates on Major 2020 Business Events, Announces New Large Retailer Arrangements, as Company Marches Forward
DECN Updates on Major 2020 Business Events, Announces New Large Retailer Arrangements, as Company Marches Forward.
About this update from Decision Diagnostics Corp
[{"type":"text","content":"DECN SCORES AUGMENTED DISTRIBUTUON AGREEMENT COVERING 11 COUNTRY RUSSIAN FEDERATION, SETS FEBRUARY 17, 2020 AS BEGINNING OF WORLDWIDE IMPLEMENTATION OF ITS GENACCORD! SYSTEMS, ACCEPTS COMPLETED, FULLY TESTED METER FOR ITS GENULTIMATE! TBG LOS ANGELES, CA / ACCESSWIRE / February 4, 2020 / Decision Diagnostics Corp. (OTC PINK:DECN) is an 18-year old, diabetes-focused bio-technology development firm, manufacturer, quality plan administrator, FDA registered medical device customer support organization, and exclusive worldwide sales and regulatory process agent for the GenUltimate! ("Sunshine") diabetes test strip, its GenAccord! systems for the uninsured and under-insured, its GenChoice! ("Ladybug") test strip now in the later stages of FDA 510(k) prosecution, and its GenUltimate! Sure and GenUltimate Precis products manufactured for International markets. The company also markets its PetSure! test strip for the diabetic testing of dogs and cats, a diagnostic specifically designed to run on the market leading Zoetis Alpha Trak meter system as well as the GenUltimate! 4Pets Test strip and Avantage! meter. The company now has also accepted the completed design and the plan for large scale manufacturing capability for its GenUltimate! TBG ("Dragonfly") diabetes testing system including the ground-breaking TBG Precise meter, the focus of a breakout licensing agreement, and the subject of an upcoming release.Today DECN announces that a final agreement with its Moscow based Russian Federation Distributor has now reached the final phase, the memorialization of the multi-language translation of the exclusive distribution agreement and its apostille. An initial run of two lots of the GenUltimate! Precis product has been requested. The company plans deliverable lot sizes of approximately 5,500 vials of 50. GenUltimate! Precis will be boxed in international packaging. Keith Berman, CEO of DECN commented, "This is a major event for DECN. We have worked long and hard to provide the best product we can to our Russian partners. But we do not stop here. We plan to enhance the GenUltimate! Precis, the charter product for the Russian Federation, with our TBG technology, so that the enhanced test strip will continue to run on OneTouch Select Plus legacy glucometers, as well as offering a path ahead for Russian Federa...