Israel Healthcare & Medical Device Industry

Rikaken to distribute Cell Kinetics’ fluorescence imaging systems in Japan April 8, 2008

Cell Kinetics, a provider of platform technology that enables fluorescence-based imaging of thousands of individual living cells, has signed an exclusive distribution agreement with Rikaken, a leading Japanese distributor of medical laboratory equipment and chemicals operating, for the marketing and distribution of Cell Kinetics’ CKChip system in Japan.

“This distribution agreement with Rikaken reflects the first step in our commercialization plans to enter into strategic distribution agreements for our CKChip with first class partners in key markets such as Japan, Europe and of course the US,” said Dr. Asaf Ben-Arye, Cell Kinetics’ President and CEO.

“The CKChip is a unique new technology for single cell research, in particular for acquisition of kinetic data, and we believe that the CKChip has various research and, ultimately, clinical applications,” said Yoshio Morikawa, The President of Rikaken. ”This contract with Cell Kinetics adds an important dimension to our management strategy, and we are very excited to be able to provide this new product offering to our established customer base, as well as see this as allowing us to expand that base even further.”

Cell Kinetics, an indirect majority-owned subsidiary of Medis Technologies, is developing and will market a series of products, based on its Cell Carrier technology. The CKChip can accommodate up to 10,000 cells on individual wells for measuring reactions of living cells in a static state over time, using simple imaging methods such as fluorescence microscopy.

Rikaken is responsible for the distribution of general chemicals and reagents, lab disposables, clinical test equipment, lab instruments, and clinical test equipment in Japan.

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