The company will provide automated blood test kits made by Chiron.
Ilex Medical Ltd. (TASE:ILX) subsidiary Ilex Biotech Ltd. has won an Israel Blood Bank - Magen David Adom tender to supply 300,000 automated blood donation test kits a year for three years. The contract is worth NIS 50 million. The company has an option to extend the contract by two years.
The kits use a Nucleic Acid Testing (NAT) system developed by Novartis AG (NYSE:NVS; LSE: NOV; SWX: NOVZ) subsidiary Chiron Corporation to test for the presence of HIV in donated blood. Ilex is a distributor for Chiron blood test kits. Ilex Medical already has franchises from Chiron to distribute the blood test kits in several countries in Europe and Africa.
Ilex rose almost 4% in morning trading.
Published by Globes [online], Israel business news - www.globes.co.il - on September 25, 2007
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