Friday, January 1, 2010

New cervical cancer screening test firm get first order from distributor in China

Rockville, MD
Rockville-based MarkPap has won its first order for low-cost kits to detect cervical cancer in women in poor and underdeveloped regions. The order is the first source of outside revenue for the firm, according to The Washington Post.

The 5-year deal with a Chinese distributor for 1 million test kits is worth $13.5 million to MarkPap, which was founded by Nenad and Olivera Markovic and makes its homes at the Shady Grove Innovation Center. The test is innovative because results can easily be sent for analysis via computer, or even cellphone, overcoming the problem of a lack of trained pathologists in an area, the Post reported.
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