Trinity Biotech Has Acquired A 12.5% Equity Stake In Novus Diagnostics, Valued At ~$2.5M To Boost Development Of Rapid 15-Minute Sepsis Testing Platform; Aims To Transform Sepsis Diagnosis And Improve Patient Outcomes
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Trinity Biotech has invested in Novus Diagnostics to enhance the development of a rapid 15-minute sepsis testing platform. This strategic move aims to revolutionize sepsis diagnosis and improve patient outcomes.
October 25, 2024 | 12:46 pm
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Trinity Biotech's investment in Novus Diagnostics is a strategic move to develop a rapid sepsis testing platform, potentially enhancing its product offerings and market position.
The investment in Novus Diagnostics is likely to enhance Trinity Biotech's product portfolio with a rapid sepsis test, which could lead to increased market share and revenue growth. This strategic partnership aligns with the company's goal to innovate in the healthcare sector.
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