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American Bio Medica Corporation
ABMC Announces Contract in the Dominican Republic
May 2nd, 2008
American Bio Medica Corporation (NASDAQ:ABMC) announced that Vanter SA, ABMC's distributor in the Dominican Republic (DR), signed an exclusive contract with the National Network of Transportation to provide drug testing services for all dock personnel and all drivers delivering and receiving at the country's three major ports, Puerto Caucedo de Boca Chica, Puerto Haina and Puerto de Puerto Plata. The first 15,000 tests will be shipped in May, and it is expected that a minimum of approximately 40,000 tests will be required each year under this contract. According to the International Narcotics Control Strategy Report released by the U.S. Department of State in March...
Source: Health Business Week (2008-05-02)
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