MedMira Resumes Sales to the Middle East
21 Marzo 2006 - 7:44AM
PR Newswire (US)
Instant HIV Tests Destined for UAE as Demand Increases for
Immigration and Emergency Care HALIFAX, March 21
/PRNewswire-FirstCall/ -- MedMira Inc., ("MedMira") (TSX Venture:
MIR, NASDAQ: MMIRF) the global market leader in premium rapid
diagnostic solutions, announced today that it has received an order
for 10,000 MiraWell(R) Rapid HIV Tests (MiraWell(R) HIV) from its
Middle East distributor, Spree Trading, a member of the Shawwa
Group International, which is a multibillion-dollar global
corporation with healthcare and diagnostic sales divisions. These
tests are destined for the Dubai market in the United Arab Emirates
(UAE), where they will be sold to immigration services, hospitals
and other healthcare facilities providing rapid HIV testing. "We
believe the UAE market and the Middle East region generally hold a
great deal of potential for the sale of MedMira's products," said
Stephen Sham, chairman and CEO, MedMira. "Spree Trading's
aggressive marketing plans and healthcare experience are key to
capitalizing on sales of our products in this growing market." In
2005, MedMira completed the registration process with the UAE
Ministry of Health. Spree Trading will be pursuing further product
evaluations, tender opportunities, and new sales channels for
MedMira's full product line. MedMira will work closely with Spree
Trading to evaluate and seek new market opportunities for other
MedMira products including an over-the-counter (OTC) rapid HIV test
and rapid test for HIV/Hepatitis C (HCV) co-infections. Sham
continued, "The sophisticated healthcare system in the UAE will
enable MedMira to expand our product offering in the region to
include OTC tests and other, more advanced rapid diagnostic
solutions." MiraWell(R) HIV is the fastest flow-through rapid HIV
test in the world, providing results instantly. MedMira's rapid
tests have a wide range of applications including occupational
exposures, labor & delivery and general screening. When used
for general screening purposes, rapid HIV tests can provide
significant value, especially in a market such as Dubai where
expatriates make up 80% of the population and must be tested for
HIV every two years as part of the visa renewal process. About
MedMira MedMira is the leading global manufacturer and marketer of
in vitro flow- through rapid diagnostic tests. MedMira's tests
provide reliable, rapid diagnosis in just 3 minutes for the
detection of human antibodies in human serum, plasma or whole blood
for diseases such as HIV and hepatitis C. The United States FDA and
the SFDA in the People's Republic of China have approved MedMira's
Reveal(R) G2 and MiraWell(R) rapid HIV tests, respectively.
MedMira's Reveal(R) G2 and MiraWell(R) rapid HIV tests are
currently used in clinical laboratories, hospitals, and clinics
where professional counselling and patient treatment are
immediately available. The MiraCare(TM) Rapid HIV Antibody Test is
available over-the-counter (OTC) in pharmacies throughout Hong Kong
and Macao Special Administrative Regions, in the People's Republic
of China. MiraCare(TM) is sold through MedMira's distributor
network to pharmacies, hospitals and laboratories in the European
Union. MedMira delivers rapid diagnostic solutions to healthcare
communities around the globe. Its corporate offices and
manufacturing facilities are located in Halifax, Nova Scotia,
Canada with a representative office in Guilin, China. This news
release contains forward-looking statements, which involve risk and
uncertainties and reflect the company's current expectation
regarding future events. Actual events could materially differ from
those projected herein and depend on a number of factors including,
but not limited to, changing market conditions, successful and
timely completion of clinical studies, uncertainties related to the
regulatory approval process, establishment of corporate alliances
and other risks detailed from time to time in the company quarterly
filings. The TSX Venture Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this
statement. For more information visit MedMira's website at
http://www.medmira.com/. DATASOURCE: MedMira Inc. CONTACT: Dr.
James Smith, Investor Relations, Tel: (902) 450-1588, E-mail: ;
Andrea Young, Corporate Communications, Tel. (902) 450-1588, Email:
Copyright