Spectral Diagnostics
This article was originally published in The Gray Sheet
Executive Summary
Signs memorandum of understanding giving Nihon Medi-Physics exclusive Japanese distribution rights to Spectral's cardiac panel tests. The Japanese firm will make an up-front payment of $300,000, with additional payments totaling $1.2 mil. to be made "upon achievement of certain milestones." Spectral signed a deal last year giving Baxter exclusive distribution rights in North and South America and Europe for some of Spectral's cardiac tests ("The Gray Sheet" Sept. 6, ln Brief)