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Response Biomedical Corporation Reports 2008 Financial Results
Date:3/30/2009

s. We successfully moved into a state-of-the-art manufacturing facility on March 31, 2008. The facility is essential for supplying the expected volume of quality products to our partners and for reducing our manufacturing costs. The facility successfully completed a FDA Quality System Inspection Technique (QSIT) Audit in the third quarter of 2008. We believe it is imperative that we continue to focus on building the business that will sustain the Company moving forward and the market will ultimately recognize and reward these efforts."

"In 2009, we are focused on execution; especially in meeting the requirements for the Roche launch of our cardiovascular product line," continued Mr Kay. "While the state of the capital markets creates significant uncertainty, we are actively pursuing financing alternatives to fund our working capital and other business needs. We have completed the clinical trials for our RSV Test for 3M, and we are preparing the data to submit for regulatory clearance to the FDA. We are hopeful that we will have that clearance and launch the RSV Test toward the end of 2009, during the next RSV/Flu season. Additionally, Roche is funding work for a next generation Troponin-I assay and a CLIA-waiver trial for NT-proBNP. This work is a key focus for the Company in 2009. We are also continuing discussions with other potential partners for additional applications of the RAMP(R) technology, which we hope to garner during the year. It is definitely an exciting time for our Company and our stakeholders."

About Response Biomedical

Response Biomedical develops, manufactures and markets rapid on-site diagnostic tests for use with its RAMP(R) Platform for clinical and environmental applications. RAMP(R) represents a new paradigm in diagnostics that provides high sensitivity and reliable information in minutes. It is ideally suited to both point of care testing and laboratory use.

The RAMP(R) system consists of a R
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