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Response Biomedical Corporation Announces Strategic Partnership with Roche Diagnostics To Commercialize Cardiovascular Tests
Date:6/26/2008

VANCOUVER, June 26 /PRNewswire-FirstCall/ - Response Biomedical Corporation (TSX: RBM, OTCBB: RPBIF) announced today that it has entered into an agreement granting rights to Roche Diagnostics to market its line of cardiovascular point-of-care (POC) tests worldwide. Roche Diagnostics' comprehensive sales and marketing infrastructure allows for broad worldwide penetration of Response Biomedical's cardiovascular line.

"We are extremely pleased to partner with Roche Diagnostics, a world leader in clinical diagnostics. Their distribution and marketing capabilities will be strategically important in quickly expanding the reach of our products into the marketplace," said S. Wayne Kay, Chief Executive Officer, Response Biomedical Corporation. "This collaboration significantly enhances our commercialization strategy and sets the stage for rapid market expansion. Furthermore, we are exploring the application of our proprietary RAMP(R) platform to other clinical areas where its unique advantages can be leveraged to improve patient care."

The RAMP(R) cardiovascular product line includes Troponin I, CK-MB, Myoglobin and NT-proBNP Tests. The Company is awaiting U.S. Food and Drug Administration 510(k) clearance before the NT-proBNP Test can be sold in the U.S.

"Our collaboration with Response Biomedical Corporation is an important step to further expand our presence in the dynamically growing POC cardiac market, expecting double-digit growth over the coming years," said Dirk H. Ehlers, Head of Roche Professional Diagnostics. "The Roche POC portfolio will be enhanced by the addition of the RAMP(R) cardiovascular product line and will allow us to target key global markets by responding to customer demands for choice in systems for different throughput and parameter needs."

About Response Biomedical

Response Biomedical develops, manufactures and markets rapid on-site diagnostic tests for use with its RAMP(R) Platform for clinical and environ
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SOURCE Response Biomedical Corp.
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