BioNexus Gene Lab Secures Exclusive Southeast Asia License for VitaGuard MRD Platform

Reuters12-01
BioNexus Gene Lab Secures Exclusive Southeast Asia License for VitaGuard MRD Platform

BioNexus Gene Lab Corp. has announced the execution of an Exclusive Intellectual Property License Agreement with Fidelion Diagnostics Pte. Ltd. for the VitaGuard™ minimal residual disease (MRD) liquid biopsy platform in Southeast Asia. The agreement grants BioNexus Gene Lab Corp. exclusive, perpetual rights to the VitaGuard™ MRD platform across the region. This license is a key condition for the completion of a previously announced Share Subscription and Shareholders' Agreement among BioNexus Gene Lab Corp., Fidelion Diagnostics, and Tongshu Gene, under which BioNexus Gene Lab Corp. will become a strategic shareholder in Fidelion Diagnostics, with Fidelion Diagnostics taking a minority stake in BioNexus Gene Lab Corp.

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