October 2 For Imm For Imm (Canton, Scientific Ontario

October 27,
2 2014
For Immediate Release
For Immediate Release: MedTestt Announces Acquisition of Clinitox D
Diagnostix
(Canton, Michigan) MedTest
M
Holdings (“MedTest”), the pparent companny of MedTeest DX and P
Pointe
Scientific, has signed a definitive agreement to
t acquire C
Clinitox Diagnnostix locateed in Mississsauga,
Ontario, Canada. MeedTest is an in-vitro diagnostics com
mpany providding automatted, fast and costeffective blood and urine
u
testing solutions for diabetes, caardiovascular disease, urinne drugs of abuse
screening and wellnesss testing.
Clinitox Diagnostix
D
was founded in
n 2010 by Ho
oward Lee. C
Clinitox Diaggnostix providdes drugs of abuse
confirmattory testing capabilitiess via liquid
d chromatoggraphy/mass spectrophottometry (LC
C/MS)
instrumen
ntation and associated reeagents and consumable s as pre-pacckaged kits. Implemenntation
consulting
g provides thee customer with
w on-site assistance in seetting up theirr LC/MS testiing and develloping
the standaard operating procedures en
nabling the laaboratory to innitiate testingg sooner and rreduce costlyy startup costs.
Hanjoon Ryu,
R CEO of MedTest, staated: “The ad
ddition of Clinnitox Diagnosstix to our porrtfolio enablees us
to becomee a highly diff
fferentiated prrovider of exttensive solutioons in the druugs of abuse testing markett.
Now we can
c provide th
he laboratory with confirm
matory drugs oof abuse testinng capability in addition too the
urine drug
gs of abuse sccreening testin
ng that can bee performed oon the Mindraay™ BS-200 and BS-480
Chemistry
y Analyzers. Our clinical expertise
e
in th
he drugs of abbuse testing m
market meets both individuual
laboratory
y testing need
ds as well as th
he needs of th
he growing huub-and-spokee regional toxxicology
networks.”
In additio
on to manufaccturing and diistribution off reagents, callibrators and quality contrrol products ffor the
general ch
hemistry and
d drugs of ab
buse testing markets,
m
MeddTest is the eexclusive US
S distributor oof the
Mindray™
™ floor modeel BS-480 Cheemistry Analy
yzer and the bbench-top BS
S-200 Chemisstry Analyzerr. The
acquisition of Clinitox
x enables MedTest to provide a morre integrated service offerring of innovvative
instrumen
nts with pro
oven quality reagents, superior
s
custtomer suppoort and recoognized econnomic
advantagees.
For additiional information, please contact:
c
W
MT
T(ASCP)SC
Debbie Whitehair,
Vice President, Marketting
1603
484-748-1
[email protected]
om
www.med
dtest.com
PR-M3111-0
01 10/14