Co-Diagnostics, Inc. JV CoSara Receives Clearance From Indian Regulators For Influenza Multiplex PCR Test
Portfolio Pulse from Benzinga Newsdesk
Co-Diagnostics, Inc.'s joint venture, CoSara, has received regulatory clearance from Indian authorities for its Influenza Multiplex PCR Test. This approval allows CoSara to market and distribute the test in India, potentially expanding Co-Diagnostics' market presence and revenue streams in the region.
March 07, 2024 | 2:31 pm
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Co-Diagnostics, Inc.'s JV CoSara receives regulatory clearance in India for its Influenza Multiplex PCR Test, potentially boosting CODX's market presence and revenue in India.
The regulatory clearance in a significant market like India for Co-Diagnostics' Influenza Multiplex PCR Test through its JV CoSara is likely to have a positive impact on the company's revenue and market presence in the region. This approval opens up a new revenue stream and enhances the company's product portfolio in the healthcare sector, which is critical for its growth strategy in emerging markets.
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