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Miraculins to Distribute Device in China through Cachet Pharma

publication date: Aug 14, 2014
Miraculins, a Canadian diagnostics company, finalized an agreement for China distribution of its Scout DS® Non-Invasive Diabetes Screening Device. The device will be imported by Catalyn Medical Technologies Limited, a privately-owned Hong Kong company, and distributed by Cachet Pharma (SHE: 002462) of China. Cachet agreed to buy $90 million of the device over the five-year life of the contract. Miraculins will be responsible for obtaining CFDA approval of the device. More details....

Stock Symbol: (TVE: MOM)

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