T2 Biosystems Announces Extension of Multi-Year Capital Equipment Supplier Agreement with Vizient, Inc.
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T2 Biosystems, Inc. has extended its multi-year capital equipment supplier agreement with Vizient, Inc. through March 31, 2026. The agreement covers T2 Biosystems' products like the T2Dx® Instrument, T2Bacteria® Panel, and T2Candida® Panel, which are used for rapid detection of sepsis-causing pathogens.
December 16, 2024 | 2:15 pm
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T2 Biosystems has extended its agreement with Vizient, which could enhance its market presence and sales of its sepsis detection products.
The extension of the agreement with Vizient, a major healthcare performance improvement company, suggests continued and potentially increased sales of T2 Biosystems' products. This could positively impact TTOO's market position and revenue, leading to a likely short-term positive impact on its stock price.
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