Trinity Biotech (TRIB) has released an update.
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Trinity Biotech has made a strategic investment of $2.5 million to acquire a 12.5% equity stake in Novus Diagnostics, a company developing rapid sepsis testing technology. This partnership is expected to expedite the development and market introduction of Novus’ innovative point-of-care diagnostic solutions, potentially transforming sepsis management and saving lives. The investment highlights Trinity Biotech’s commitment to advancing critical diagnostic tools and leveraging its expertise in manufacturing and commercialization.
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