Aspira Women's Health Announces OvaSuite Distribution Agreement in the Philippines
Aspira Women’s Health today announced it signed a five-year distribution agreement granting Hi-Precision Laboratories the exclusive right to market and distribute the OvaSuiteSM portfolio of tests in the Philippines. The commercialization of OvaSuite products will commence upon receiving regulatory approval. In consideration of the licenses and rights granted by Aspira, Hi-Precision Laboratories will pay royalties to Aspira for each test performed in the Philippines. Hi-Precision Laboratories is the largest medical laboratory in the Philippines and provides a wide array of services from routine to esoteric specialty tests and is internationally certified and accredited by the Philippine Accreditation Bureau. It has branches nationwide and has conducted 79 million tests between 2014 and 2022. This agreement in the Philippines is significant for Aspira and should help the company to expand its global distribution of the OvaSuite portfolio.
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