AFC Agro, S Korean firm team up to make molecular diagnostic kits

AFC Agro Biotech Ltd has entered into an agreement with South Korean firm Bioneer Corporation to produce a range of molecular diagnostic kits for the detection of mosquito-borne viral diseases such as dengue and chikungunya.

The agreement also aimed at making diagnostic kits for the detection of hepatitis B virus and various other transplant-related viruses, AFC Agro said in a posting on the website of the Dhaka Stock Exchange (DSE) today.

AFC Agro will manufacture, refill and distribute Bioneer's molecular diagnostic kits in Bangladesh and other ASEAN countries, according to the posting.

"The kits will be used to diagnose a wide range of infectious diseases, including those that are currently difficult or expensive to diagnose."

Shares of AFC Agro closed unchanged at Tk 23.5 each on the DSE today.