Grant Life Sciences Signs MOU (Memorandum of Understanding) with Taiwan's Leading Clinical Reference Laboratory
Jan 16 2007, 8:26 AM EST
Business Wire
Grant Life Sciences ('Grant') Inc. (OTC BB: GLIF) announced today that it has signed an MOU (Memorandum of Understanding) with Union Clinical Laboratory (UCL) of Taiwan, the leading laboratory serving the clinical diagnostics market in Taiwan--which represents a major milestone for progressing the Company's strategic plan to build a strong presence in global markets.
"We are very pleased to collaborate with UCL--the largest clinical reference laboratory that provides more than 30 percent of referral laboratory services in Taiwan--to validate our technologies. Grant has been focusing on the development of HPV (Human Papillomavirus) diagnostics, and we expect that UCL will play a critical role in validating our assays in collaboration with UCL-affiliated medical institutes that are designing and managing clinical trials with our products," said Hun-Chi Lin, Ph.D., Grant's President and Chief Scientist.
"In addition, our diagnostics products will be manufactured in Taiwan, which offers lower cost and high quality for making them available and affordable to the global medical specialists dealing with cervical cancers closely associated with HPV," added Dr. Lin. "There are over 300,000 women who die from cervical cancer each year worldwide, and 90,000 in the Greater China area. Our recently appointed Greater China Regional Director, Mr. Kim Liao, will now be able to oversee this product development process with support from the highest-quality partners in this important market."
("Greater China" refers collectively to both the territories administered by the People's Republic of China--mainland China, Hong Kong and Macau--as well as territories administered by the Republic of China--Taiwan, and some neighboring islands.)
About Union Clinical Laboratory (UCL)
Founded in 1973, privately held UCL is the largest commercial clinical reference laboratories in Taiwan, serving hospitals, clinics, major global pharmaceutical companies, CROs and biomedical research institutions domestically and internationally. Accredited by TAF (Taiwanese Accreditation Foundation), UCL is a GLP-compliant laboratory and an active participant of CAP (College of American Pathologists) Survey programs.
About Grant Life Sciences Inc.
Grant Life Sciences engages in research, development, marketing, and sale of diagnostic kits for the screening, monitoring, and diagnosis of diseases with emphasis on women's health, infectious diseases, and cancers.