Allegiance Healthcare to distribute Biopool International blood group products.VENTURA, Calif.--(BW HealthWire)--March 18, 1997--Biopool International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BIPL BIPL Biphase Level ) Tuesday announced that the company has entered into a distribution agreement with Allegiance Healthcare for the distribution of Biopool's blood group serology Serology The division of biological science concerned with antigen-antibody reactions in serum. It properly encompasses any of these reactions, but is often used in a limited sense to denote laboratory diagnostic tests, especially for syphilis. products in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The products covered under the agreement are a wide range of reagents and test kits used in blood grouping blood grouping n. The process of identifying an individual's blood group by serologic testing of a sample of blood. Also called blood typing. , detection of Rh antigens, cross matching cross matching or crossmatching n. 1. A test for determining the compatibility between the blood of a donor and that of a recipient before transfusion; the clumping of red blood cells indicates incompatibility. 2. of blood and for the detection of rare antigens in patient or donor blood. Such products are utilized by hospitals, blood banks and clinical laboratories. The products to be distributed under this agreement represent a significant portion of the product range that Biopool recently acquired from Organon or·ga·non or or·ga·num n. pl. or·ga·nons or or·ga·nums or or·ga·na 1. An organ. 2. A set of principles for use in scientific investigation. organon pl. organa [Gr.] organ. Teknika Corp., now operating as "BCA BCA Business Case Analysis BCA Building Code of Australia BCA Boeing Commercial Airplanes BCA Board of Contract Appeals BCA Boston Center for the Arts BCA Billiard Congress of America BCA Bureau of Criminal Apprehension BCA Breast Cancer Action , Division of Biopool International." Based in McGaw Park, Ill., Allegiance Healthcare, with 1996 sales of approximately $4.4 billion, is the leading U.S. operating subsidiary of Allegiance Corp. It became an independent public company in October 1996, after spinning off from Baxter International. Through its operating subsidiaries, Allegiance Corp. is one of America's leading providers of of health care products and cost-management services to hospitals, laboratories and others in the health care industry. The company manufactures many of the products it markets, while others come from leading health and medical companies around the world. Allegiance also provides a range of integrated services such as clinical consulting, procedure-based supply packaging, just-in-time delivery and other services that help medical professionals control costs and improve quality in patient care. Michael D. Bick, Ph.D., chairman and chief executive officer of Biopool, stated: "This agreement with Allegiance should translate to a real boost in the sales of many of our newly acquired blood group serology products. Allegiance is the leading provider of products to Biopool's target market of hospitals, blood banks and clinical laboratories." Bick further stated, "Allegiance is the preeminent supplier to the powerful purchasing groups which have emerged as a result of consolidation in the health care industry. Biopool's products can now be offered as an integral part of the compliant contracts Allegiance has with many of its end-user buying groups." Founded in 1987, Biopool International develops, manufactures and markets a full range of test kits to assess and diagnose disorders of blood coagulation, thrombotic risk factors, fibrinolysis fibrinolysis /fi·bri·nol·y·sis/ (fi?brin-ol´i-sis) dissolution of fibrin by enzymatic action.fibrinolyt´ic fi·bri·nol·y·sis n. pl. , platelet function and the vascular system; specialty chemistry controls used to monitor and measure the presence of drugs of abuse; and blood group serology products used to screen for antibodies and group and type whole blood. The company's products are sold to hospitals, blood bank facilities and clinical and reference laboratories on a worldwide basis through an extensive network of distributors. CONTACT: Biopool International Inc., Ventura Michael D. Bick or Carol Hill, 805/654-0643 |
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