Applied BioCode Inks Partnership and Supply Agreement with Diatherix for Multiplex MDx Reference Laboratory Testing

SANTA FE SPRINGS, Calif.--(BUSINESS WIRE)--Applied BioCode announced that it has signed a Partnership and Supply Agreement with Diatherix Laboratories, LLC, a Eurofins company. Diatherix Laboratories will utilize Applied BioCode's Barcoded Magnetic Beads and BioCode detection systems in conjunction with their proprietary TEM-PCR™ technology to develop highly sensitive multiplex molecular diagnostic infectious disease panels for their laboratory customers.

"We are very pleased to partner with Diatherix Laboratories in this important area of the market," said Winston Ho, President of Applied BioCode. "Our Barcoded Magnetic Beads combined with the Diatherix TEM-PCR™ technology will provide an elegant solution for multiplexing of molecular diagnostic infectious disease tests. We embrace their ability to quickly identify co-infections and link diagnostics testing to the right therapeutic to significantly improve patient outcomes and reduce overall healthcare costs."

"We are pleased to partner with Applied BioCode for their Barcoded Magnetic Bead technology," said Dennis Grimaud, CEO of Diatherix Laboratories. "Their Barcoded Magnetic Bead technology will allow us to reduce the development timeframe to bring new multiplex test panels to market and enhance the sensitivity of our molecular diagnostic panels. We look forward to a long and successful partnership with Applied BioCode."

About Applied BioCode, Inc.

Applied BioCode is a privately held biotechnology company that develops, manufactures, and markets Barcoded Magnetic Beads (BMB) and detection systems to facilitate development of highly multiplexed nucleic acids or protein detection assays. The BMB technology offers up to 4,096 unique digital barcodes for multiplex analysis with unmatched decoding accuracy. Our easy-to-use BioCode systems employ steady state detection without requiring flow cytometers that are prone to channel blockage or sample cross contamination. The system is well suited for clinical diagnostic applications such as detection of infectious pathogens, drug resistance markers, cancer markers and mutation analysis, as well as specific applications for the life science research and agricultural testing markets. For more information, please visit the company's website at www.apbiocode.com.

About Diatherix Laboratories, LLC

Diatherix Laboratories, LLC, is located in the Hudson Alpha Institute for Biotechnology in Huntsville, Alabama. Diatherix operates as an independent, high complexity, CAP-accredited clinical laboratory providing advanced multiplex molecular diagnostic services to assist Healthcare providers in the simultaneous detection of bacteria, viruses, parasites and Candida related to infectious diseases - providing one-day results and single-sample collection. For more information, please visit the company's website at www.diatherix.com.

Contact:
Applied BioCode
Winston Ho, 562-801-0050
President

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