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American Diversified Group announces receipt of private financing and sale of sample strep test kits to Brazil.


STAMFORD, Conn.--(BW HealthWire)--Feb. 4, 1997--American Diversified Group Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:ADGI) Tuesday announced that it has received $125,000 pursuant to its private placement financing and has received additional commitments for private funding.

The private placement funds have been allocated for general operating expenses and sales and marketing efforts in West Africa.

ADGI has also made its initial shipment and sale of sample FDA FDA
abbr.
Food and Drug Administration


FDA,
n.pr See Food and Drug Administration.

FDA,
n.pr the abbreviation for the Food and Drug Administration.
 approved strep test kits to Brazil for approval and has commenced the registration process necessary for approval to sell malaria, dengue fever dengue fever (dĕng`gē, –gā), acute infectious disease caused by four closely related viruses and transmitted by the bite of the Aedes mosquito; it is also known as breakbone fever and bone-crusher disease.  and AIDS test kits in Brazil.

ADGI's principal business efforts involve the distribution of medical products, including generic pharmaceuticals and vitamins, human serum albumin Human serum albumin is the most abundant protein in human blood plasma. It is produced in the liver. Albumin comprises about half of the blood serum protein. It is soluble and monomeric.  and FDA approved test kits.

CONTACT: American Diversified Group Inc.

Dr. Jerrold R. Hinton, 203/328-3092
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 4, 1997
Words:128
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