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Dade Behring inks distribution agreement


Published :
Tue, 27 Mar 2007 23:38
By : Agencies
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DEERFIELD, Ill. (AP) - Dade Behring Holdings Inc., which makes and markets diagnostics products and services for clinical laboratories, on Tuesday said it signed an agreement allowing it to distribute four prescription medication drug tests manufactured by Immunalysis.

Financial terms were not disclosed.

The agreement enables Dade Behring to provide customers with tests for three commonly prescribed pain medications -- oxycodone, tramadol and meperidine -- and a test for buprenorphine, which is used to treat opioid dependence.

The deal also includes a commitment between Dade Behring and Pomona, Calif.-based Immunalysis to work together to meet certain future needs of the drug-testing market.

Shares of Dade Behring fell 60 cents to close at $43.42 on the Nasdaq Stock Market.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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