Deal Calls for Biopool to Supply Products for i-STAT

Biopool International in Ventura has entered into a supply agreement with i-STAT Corp. to provide products designed for use on instruments under development at i-STAT.

“Biopool developed these customized plasma control products to support the i-STAT test system during 1998 and, indeed, received FDA clearance on the products in June of last year,” said Michael D. Bick, Biopool chairman and chief executive officer. “Since that time, we have delivered products to i-STAT to support their ongoing clinical evaluations. Full commercialization of the test system is expected to begin late in 1999.”

i-STAT develops blood analysis products that provide diagnostic information to health care professionals at the point of patient care. For example, the company developed a hand-held blood analyzer capable of performing commonly ordered blood tests in just two minutes at the patient’s side.

Biopool develops test kits to assess and diagnose blood disorders.

The supply agreement with i-STAT will last three years and eventually will include additional Biopool products, Bick said.