Co-Diagnostics Adds Central and South America to its List of International Target Markets

Co-Diagnostics, Inc., a molecular diagnostics company with a unique, proprietary platform for the development of molecular diagnostic tests, announced that it is expanding its list of international target markets with the completion of a trip to interested laboratories and potential future sales installations across Central America. As the company approaches commercialization of selected molecular diagnostic tests, Latin America joins India and the Caribbean region as important target markets for its products. The purpose of the trip was to introduce Co-Diagnostics’ products to some of the establishments that have expressed interest in the Company’s infectious disease detection platform. It included giving demonstrations in nine different clinical, medical, and research institutions across Honduras and Guatemala for the Company’s CE-IVD tuberculosis test, as well other tests for human papillomavirus, Zika virus, hepatitis B virus, and a viral load test for hepatitis B that are currently designated as Research or Investigational Use Only.

The trip and product demonstrations were conducted by local Company representatives and Cameron Gundry, Co-Diagnostics’ recently-appointed Director of Commercialization for Latin America. Gundry, a veteran of the industry including 18 years with Biofire Diagnostics, commented upon his return, “Tuberculosis, human papillomavirus, Zika and hepatitis B are significant issues throughout Latin America. After several years of product development and market-research to determine demand, this trip represented an important phase in our efforts to bring Co-Diagnostics’ products to the Latin American region. “The company has long believed that interest levels would be high for our quality, affordable diagnostics, and the feedback we received from the cross-section of potential customers we had the fortune of visiting, some of which were among the largest laboratories of their kind in those countries, confirmed our beliefs. We feel confident that the groundwork we are laying has the potential to result in a substantial ROI for the company.”

Co-Diagnostics’ products are sold in compliance with the local registration and regulatory requirements of the importing countries, including offering products through regional distributors where available. The company expects sales to commence once those requirements have been met, and for products to be available as in-vitro diagnostics following approvals by the appropriate regulatory bodies. – Medical Buyer Bureau