Bionano Announces Third OEM Partner Has Received China NMPA Approval For DNA Isolation Products For IVD Use Of OGM
Portfolio Pulse from Benzinga Newsdesk
Bionano Genomics' (NASDAQ:BNGO) OEM partner Ecobono has received approval from China's National Medical Products Administration (NMPA) for Bionano's DNA isolation kits for optical genome mapping (OGM). This allows Ecobono to sell OGM reagents to independent clinical laboratories and Chinese hospitals. This is the third such approval for a Bionano OEM partner in China.
September 21, 2023 | 12:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Bionano Genomics' OEM partner Ecobono has received approval from China's NMPA for Bionano's DNA isolation kits. This is the third such approval for a Bionano OEM partner in China, potentially expanding Bionano's market reach.
The approval from China's NMPA allows Ecobono to sell Bionano's DNA isolation kits to independent clinical laboratories and Chinese hospitals. This could potentially expand Bionano's market reach and increase its revenues. As this is the third such approval for a Bionano OEM partner in China, it indicates a positive trend in regulatory acceptance of Bionano's products in the country.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100