Licensing AgreementsThe agreement with Werfen aligns with Volition's strategy to out-license its proprietary tests to large international companies, potentially boosting its revenue.
Partnerships And CollaborationsVolitionRx has entered an agreement with Hologic Diagenode for the co-marketing of Volition’s Nu.Q Discover service, aiming to expand its customer base.
Revenue GrowthPotential upfront and milestone payments, as well as future recurring royalties from agreements, are expected to drive Volition’s topline growth.