MHUA - MHUA subsidiary partners with Getein Biotech to produce and sell Covid-19 antigen test kits and IVDs
- Meihua International Medical Technologies ( NASDAQ: MHUA ) announced the company's subsidiary Jiangsu Huadong Medical Device Industrial has entered into a strategic cooperation agreement with Getein Biotech to jointly produce and sell Covid-19 antigen test kits and other in vitro diagnostics (or IVD) products.
- The production base is equipped with 52 new fully automated Covid-19 antigen test kit production lines.
- The exponential rise in Covid-19 cases during early December of 2022 followed by China's announced relaxations in its pandemic control and prevention policies has led to a nationwide shortage of antigen test kits.
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MHUA subsidiary partners with Getein Biotech to produce and sell Covid-19 antigen test kits and IVDs