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Co-Diagnostics’ joint venture with CoMira finalizes facility lease agreement

Co-Diagnostics (CODX) announced that its joint venture, CoMira Diagnostics, has finalized a lease agreement for its planned manufacturing facility in Sudair Industrial City in the Kingdom of Saudi Arabia. The lease execution represents a key milestone as CoMira advances domestic manufacturing capabilities within the KSA and follows the Company’s previously announced approval for an industrial land allocation in Sudair Industrial City by the Saudi Authority for Industrial Cities and Technology Zones. The lease covers an industrial facility of approximately 14,400 square feet in Sudair Industrial City, one of Saudi Arabia’s leading industrial hubs. The facility is designated for approved manufacturing activities, including diagnostic instruments, laboratory testing equipment, and medical consumables, and is intended to support CoMira’s planned manufacturing activities related to the Co-Dx PCR platform* and other Co-Dx technology, subject to applicable regulatory approvals and operational requirements.

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