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Home Industry News Source BioScience signed up by Cervical Screening Wales

Source BioScience signed up by Cervical Screening Wales

24th July 2009

Source BioScience, formerly known as Medical Solutions, has extended its agreement to provide cytology services and automated imaging technology to Cervical Screening Wales (CSW).

The Nottingham-based company, which serves the healthcare, pharma biotech and life science sector, will supply liquid-based cytology equipment and reagents to CSW for an additional year.

Source BioScience also revealed that its client will extend its assessment of the FocalPoint imaging system. The deal is expected to generate revenue in the region of 0.9 million pounds over its duration.

Nick Ash, managing director of Source BioScience, described CSW’s decision as "a significant vote of confidence" in the company’s liquid-based cytology equipment.

He added that the extension of its assessment of FocalPoint also represents a "significant investment".

Source BioScience recently reported a 14 per cent increase in revenues for the first quarter of 2009 – a performance that Laurie Turnbull, company chairman, described as in line with expectations.

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