StockMarketWire.com - Omega Diagnostics says, following talks, that Immunodiagnostic Systems Holdings confirms its preferred course of action is to pursue an enlarged distribution relationship with the company.

"Currently, IDS has contractual rights to be appointed as the Company's exclusive distributor in territories comprising the UK, France, Germany, Austria, Switzerland, Nordic countries and the United States of America," said Omega in a statement.

"The ongoing discussions will therefore focus on how Omega can attain a more global reach for its Allersys range of allergy tests in a structure that benefits both organisations," it added.

Currently, Omega has 41 CE-Marked allergy tests that could be run on the IDS iSYS automated instrument. It would provide a further update in due course.






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