Bioneer Signs Supply Contract Worth 6.7 Billion KRW

[Asia Economy Reporter Oh Ju-yeon] Bioneer announced on the 24th that it has signed a supply contract worth 6.7 billion KRW with High Standard Medical Inc., a medical device procurement institution registered with the Ministry of Health and Welfare of Saudi Arabia. This accounts for 18.52% of recent sales revenue.

The company explained, "We will supply 40 units of nucleic acid extraction equipment and extraction reagents necessary for molecular diagnosis of COVID-19."