VANCOUVER, British Columbia--(Response Biomedical Corporation (TSX: RBM, OTCBB: RPBIF) today announced the resignation of Duane Morris as Chief Operating Officer, effective October 29th, 2010. Mr. Morris has played an important role in expanding Response Biomedical during the past four years.)--
“The numerous contributions made by Mr. Morris during his tenure at Response are much appreciated by management and the Board”
As announced in the news release last month, September 13th, 2010, Response has undertaken a major restructuring and refocusing on the growth of the cardiovascular business. In continuing this process, the company has concluded that the role of COO is no longer appropriate. “The numerous contributions made by Mr. Morris during his tenure at Response are much appreciated by management and the Board,” said CEO, S.Wayne Kay. “We thank him for his leadership and wish him well in his future endeavors.”
About Response Biomedical
Response Biomedical develops, manufactures and markets rapid on-site diagnostic tests for use with its RAMP® Platform for clinical and environmental applications. RAMP® represents a new paradigm in diagnostics that provides high sensitivity and reliable information in minutes. It is ideally suited to both point of care testing and laboratory use.
The RAMP® system consists of a Reader and single-use disposable test cartridges, and has the potential to be adapted to more than 250 medical and non-medical tests currently performed in laboratories. RAMP® clinical tests are commercially available for the early detection of heart attack, congestive heart failure, influenza and RSV through our commercial partners, Roche and 3M Health Care respectively and through select international distributors.
In the non-clinical market, RAMP® Tests are currently provided for the environmental detection of West Nile Virus, and Biodefense applications including the rapid on-site detection of anthrax, smallpox, ricin and botulinum toxin. Several other product applications are under development.
Response has achieved CE Marking for its Reader and clinical tests and its Quality Management System is registered to ISO 13485: 2003 and ISO 9001: 2000.
Response Biomedical is a publicly traded company, listed on the TSX under the trading symbol "RBM" and quoted on the OTC Bulletin Board under the symbol "RPBIF". For further information, please visit the Company's website at www.responsebio.com.
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