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The deal authorizes PO-driven sales across six markets, with exclusivity and minimums potentially driving near-term revenue. Although RUO products limit immediate regulatory potential, the partnership accelerates distribution via Fosun's network, a meaningful upside catalyst if adoption progresses as outlined.
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Virax Biolabs announced an exclusive multi-country supply agreement with Fosun Diagnostics to ship ImmuneSelect RUO products across six Southeast Asian markets, including Thailand and Malaysia. The deal creates near-term revenue visibility via purchase orders and leverages Fosun's regional network for rapid expansion, with initial TB-related applications in Thailand and potential OEM/private-label opportunities.
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