Bio-AMD, Inc. (BIAD) Issues Update on Hopeful Licensing for Commercialization-Ready Technologies
Bio-AMD is a development-stage company operating through its majority-owned UK subsidiaries: WDX Organisation Ltd., a global currency data reference company; and Bio AMD Ltd., a technology developer for medical diagnostic devices. In an update earlier today, BIAD announced that it is in informal discussions with potential partners regarding the commercialization of Bio AMD Ltd.’s hand-held Digital Strip Reader (DSR) and blood coagulation monitor (COAG) technologies. BIAD has readied both DSR and COAG for commercial development in conjunction with a partner, and this morning said that it is in “high level informal talks with suitable prospective partners for both these technologies.”…