Proteomics International Laboratories Ltd. (AU:PIQ) has released an update.
Proteomics International Laboratories Ltd has ended its exclusive licensing agreement with Sonic Healthcare USA for the PromarkerD test, freeing the company to pursue alternative licensing avenues and direct-to-consumer strategies in the US market. The PromarkerD test, which can predict kidney disease in diabetics, is expected to have a significant health impact for over 32 million Americans living with diabetes. Preparations for the launch include establishing the test in a third-party CLIA certified US lab, with commercial availability anticipated in FY25.
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