EKF Diagnostics Holdings PLC - Cardiff-based diagnostics and central laboratory assay maker - Signs partnership agreement with Bethlehem, Pennsylvania-based ABEC Inc, a provider of engineered solutions and services for biotech manufacturing. Agreement provides EKF Life Sciences’ South Bend, Indiana facility with customised, large-scale bioprocess equipment and will include a 14,500 litre total volume stainless steel fermenter and an 8,000 litre media preparation system. Says this will enhance EKF’s production capacity of enzymes used in a variety of diagnostic and life science applications.

Chief Executive Officer Mike Salter says: ‘EKF Life Sciences is dedicated to developing new products and capabilities that best serve the in vitro diagnostic market on a global scale. The partnership with ABEC is another important step in accelerating our organic growth strategy. Their innovative equipment and resources will enable us to quickly deliver our specific manufacturing requirements and we look forward to working with them as we continue to expand our biomanufacturing capabilities and capacity.’

Current stock price: 45.00 pence

12-month change: down 34%

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