has signed a distribution agreement with the Singapore-based company Innovative
Biotech Pte Ltd, a subsidiary of Rotary Engineering Limited.
agreement gives Innovative Biotech exclusive rights to sell and market Genovis’
solutions based on its patented NIMT (NanoInducedMagneticTransfer) technology
to pharmaceutical companies and the academic research community. The company
has 12 employees. Genovis was established in the fourth quarter of 2007.