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LETTER OF INTENT SIGNED FOR DIAGNON TO ACQUIRE 20 PERCENT OF ZOOQUEST STOCK

 ROCKVILLE, Md., Nov. 17 ~PRNewswire~ -- A letter of intent was signed today, setting forth an agreement in principle for Diagnon Corporation (OTC Bulletin Board: 3DIGN) to acquire 20 percent of the outstanding stock of ZooQuest Technologies Limited.
 ZooQuest engages in research, development and testing services primarily in the veterinary field. The primary therapeutic product of ZooQuest is a patent protected purified equine immunoglobulin for provision of antibodies to the immune naive neonate foal. The product is under review by regulatory authorities. ZooQuest has in varying stages of development using proprietary technology diagnostic "dipstick" tests for the detection of avian, bovine and human tuberculosis.
 Diagnon operates through a wholly owned subsidiary, BIOQUAL, Inc. BIOQUAL holds several contracts for the U.S. government (NIH, ADAMHA) and also provides custom services in the areas of rodent models for cancer, immunology, contraceptive development and evaluation, transgenic manipulation and breeding; and non-human primate models for contraceptive development and evaluation, cancer, AIDS, SIV, influenza and hepatitis. Diagnon also provides consulting services with regard to meeting environmental enrichment requirements for non- human primates as prescribed by the USDA.
 -0- 11~17~92
 ~CONTACT: Michael P. O'Flaherty of Diagnon Corporation, 301-251-2801~
 (3DIGN)


CO: Diagnon Corporation; ZooQuest Technologies Limited ST: Maryland IN: MTC SU:

KD -- DC002 -- 1687 11~17~92 09:02 EST
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Publication:PR Newswire
Date:Nov 17, 1992
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