Corporate Update
"I'm very happy to have joined Response Biomedical in September 2007," said S. Wayne Kay, CEO. "It has been an extremely interesting and invigorating few months as we focused on finalizing two important submissions to the U.S. Food and Drug Administration for clearance of both our RAMP® NT-proBNP Test for diagnosis of congestive heart failure and our Rapid Influenza A+B Test (Flu A+B). We have also concentrated our energy on pursuing a worldwide marketing partner for our cardiovascular line of RAMP® rapid tests," continued Mr. Kay. "In conjunction with 3M Company, our work is ongoing to lay the groundwork for the launch of the Flu A+B Test. 3M anticipates launching prior to the 2008-09 flu season in certain markets around the world. We have also initiated feasibility work on identifying the next infectious disease tests for 3M to market."
"We see 2008 as very promising. We see a growing emphasis on preventive medicine and testing, which we believe will spur the demand for the adoption of point-of-care diagnostics for screening, for emergency applications and for monitoring the health status of the patient. As we have just moved to our new state-of-the art facility and begin the scale-up of our manufacturing capabilities to meet projected partners' demand, we believe the Company is well-positioned to capitalize on these large and growing markets."
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