SYDNEY: Universal Biosensors Inc. has entered into a non-exclusive Distribution Agreement with Vines to Vintages Inc for the distribution of its wine testing platform device “Sentia” in Canada.
The Distribution Agreement is for a three-year term and contains standard renewal and termination options available to both parties.
John Sharman, CEO of UBI said; “The launch of Sentia into Canada is another positive step in the commercialisation of Sentia globally. Vines to Vintages is well represented in all of Canada’s wine regions and has access to 700 wineries. The deal includes an initial commitment to purchase Sentia devices and strips which will be delivered over the course of the next few weeks.”
Mr Sharman said; “We believe the possibility of Sentia’s future testing capability for Glucose, Fructose, Malic Acid and others will add significant value to the winemaking industry. We are negotiating terms with a number of key industry players around the world and look forward to reporting additional distribution partnerships in due course.”