BlackBio signs JV agreement in India to develop, manufacture and commercialize new integral solutions for diagnostics

27-Oct-2010 - India

2B BlackBio, S.L. has signed with its local partner in India, Kilpest Ltd an agreement to participate in the `recently established joint venture between Kilpest and Biotools B&M Labs, S.A., renamed now as 3B BlackBio Biotech India Ltd´. With this agreement the new JV with laboratories in Bhopal, and Headquarters in Mumbai, India, will manufacture and develop integral solutions in the area of Personalized medicine and will offer diagnostic tests to predict drug treatment effectiveness (Companion Diagnostics), providing technologies to participate in the present exponential development of the Indian Pharma sector.

Together with a network of local Pharma companies, hospitals and clinical labs, the new Joint Venture will introduce into India an innovative site‐directed microsequencing platform that combines ease of use, specifity and cost competitiveness, allowing the introduction of companion diagnostics to one of the biggest global Healthcare markets.

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