Akers Biosciences Updates on Joint Venture in China

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Akers Biosciences (AKER) Issues Update on Chinese Joint Venture: Savy Akers

December 1, 2015 7:03 AM EST

Akers Biosciences (Nasdaq: AKER) announces an update on the progress of its 19.9%-owned Chinese joint venture company, Hainan Savy Akers Biosciences, Ltd ("Savy Akers" or the "Joint Venture"). Savy Akers was established in October 2014 to commercialize a number of Akers Bio's rapid diagnostic screening and testing products in China (excluding PIFA Heparin/PF4 Rapid Assay products for which Chinese distribution is handled by NovoTek).

The Company is pleased to announce that Savy Akers' 10,000 square foot production facility in Haikou National Hi-Tech Industrial Zone, Hainan province, is now fully operational. This facility is an... More

Akers Biosciences (AKER) Provide Update on China JV

December 1, 2015 7:02 AM EST

Akers Biosciences (NASDAQ: AKER) announces an update on the progress of its 19.9%-owned Chinese joint venture company, Hainan Savy Akers Biosciences, Ltd ("Savy Akers" or the "Joint Venture"). Savy Akers was established in October 2014 to commercialize a number of Akers Bio's rapid diagnostic screening and testing products in China (excluding PIFA Heparin/PF4 Rapid Assay products for which Chinese distribution is handled by NovoTek).

The Company is pleased to announce that Savy Akers' 10,000 square foot production facility in Haikou National Hi-Tech Industrial Zone, Hainan province, is now fully operational. This facility is an... More