RNS Number : 0732U
Tepnel Life Sciences PLC
12 May 2008
FOR IMMEDIATE RELEASE Tepnel Life Sciences plc ('Tepnel' or 'the Company')Tepnel signs two year global distribution agreement with world's largest online supplier of antibodies, Abcam Manchester, U.K, 12th May 2008 Tepnel Life Sciences PLC (AIM: TED), the UK-based international Molecular Diagnostics and Research Products & Services group, announced today that it has signed a two year extension to its global licensing agreement with Abcam (www.abcam.com), the world's largest online supplier of antibody products. The agreement covers the worldwide distribution of Tepnel's Diaclone range of diagnostic and research products and includes a guaranteed annual minimum in sales. The move strengthens Tepnel's global reach through ongoing access to a broad and growing range of customers from both academia and industry.
Dr Allan Brown, Managing Director of Tepnel Research Products & Services commented, "The continuing arrangement with Abcam is of strategic importance to Tepnel. Key to the success of our Diaclone product range is rapid market access, particularly for our newly developed products. Abcam's strong market presence ensures that our products reach the broadest possible audience." The distribution partnership with Abcam is a non-exclusive agreement for sales globally. Tepnel will continue to sell direct to customers in France, UK & the USA, and through its established distributor network.
Tepnel is fully committed to the development of immunological products designed for therapy, diagnostic and research applications. The Diaclone range includes products covering the fields of cytokines, and cytokine receptors, adhesion, apoptosis and CD antigens. All Diaclone products are manufactured according to ISO9001:2000 guidelines.
-End-For Further Information: Tepnel Life Sciences plc Allan Brown, Managing Director, Tepnel Research Products & Services 0161 946 2200 Capital MS&L Mary Clark or Joey Whineray Tel: +44 20 7307 5330 Seymour Pierce Limited Mark Percy Tel: +44 20 7107 8000 Notes to Editors About Tepnel Life Sciences plc Tepnel Life Sciences (AIM:TED) is a UK-based international life sciences products and services group with two main divisions, Molecular Diagnostics and Research Products & Services. The Company has laboratories, manufacturing and operations in the USA, UK and France with 215 employees. TLS provides test kits, reagents and services to two highly synergistic markets, these being Molecular Diagnostics and Biomedical Research. The company's strategy has been to identify high growth niche opportunities within these multi-billion pound markets. TLS focuses on these niche opportunities with internally developed products, patents, expertise and know-how as well as strategic acquisitions, to develop a leadership position within these defined market
segments.This information is provided by RNS
The company news service from the London Stock Exchange
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