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Medindia » Press Release » Heska Announces Supply Agreement With Roche Diagnostics

Heska Announces Supply Agreement With Roche Diagnostics

PR Newswire   Category: General News RSS 11/26/2009
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LOVELAND, Colo., Nov. 25 Heska Corporation (Nasdaq: HSKA); ("Heska"), a leading provider of advanced diagnostic and specialty products to the veterinary industry, announced today agreements with Roche Diagnostics Corporation for the supply of blood gas products and affiliated consumables for the veterinary market.

(Logo: http://www.newscom.com/cgi-bin/prnh/20000622/HESKALOGO)

"Heska and Roche share the same passion for innovating in the field of advanced point-of-care diagnostics," commented Michael McGinley, President and Chief Operating Officer of Heska. "Because Roche is a global leader in diagnostics for the human market, we cannot imagine a better partner to further our commitment to advanced solutions to the veterinary community."

"We are pleased to partner with Heska because we place high value on their knowledge, expertise and reputation as well as Heska's commitment to providing advanced solutions for diagnostic veterinary medicine," said Susan Zienowicz, Senior Vice President of Roche's Applied Science division, which offers products for use in life sciences research.

About Heska
Heska Corporation (NASDAQ: HSKA) sells advanced veterinary diagnostic and other specialty veterinary products. Heska's state-of-the-art offerings to its customers include diagnostic instruments and supplies as well as single use, point-of-care tests, vaccines and pharmaceuticals. The company's core focus is on the canine and feline markets where it strives to provide high value products and unparalleled customer support to veterinarians. For further information on Heska and its products, visit the company's website at www.heska.com.

About Roche
Headquartered in Basel, Switzerland, Roche is a leader in research-focused healthcare with combined strengths in pharmaceuticals and diagnostics. Roche is the world's largest biotech company with truly differentiated medicines in oncology, virology, inflammation, metabolism and CNS. Roche is also the world leader in in-vitro diagnostics, tissue-based cancer diagnostics and a pioneer in diabetes management. Roche's personalized healthcare strategy aims at providing medicines and diagnostic tools that enable tangible improvements in the health, quality of life and survival of patients. In 2008, Roche had over 80,000 employees worldwide and invested almost 9 billion Swiss francs in R&D. The Group posted sales of 45.6 billion Swiss francs. Genentech, United States, is a wholly owned member of the Roche Group. Roche has a majority stake in Chugai Pharmaceutical, Japan. For more information: www.roche.com or www.roche-diagnostics.us.

Forward-Looking Statements
This announcement contains forward-looking statements regarding Heska's future financial and operating results. These statements are based on current expectations and are subject to a number of risks and uncertainties including risks related to Heska's reliance on any third party to supply products of appropriate quality and quantity in a timely fashion; Heska's reliance on any third party to complete agreed-to product development efforts in a timely fashion and with a resulting economic supply; competition; uncertainties regarding Heska's ability to successfully commercialize new products; uncertainties regarding Heska's ability to market, sell and distribute products; uncertainties regarding the performance of products in field use as compared to current expectations; risks related to relying on the reputation of Heska, Roche or any other entity, which is subject to interpretation and may change over time; uncertainties related to Heska's ability to collaborate successfully with any third party on new product development; and the risks set forth in Heska's filings and future filings with the Securities and Exchange Commission, including those set forth in Heska's Annual Report on Form 10-K for the year ended December 31, 2008 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2009.


SOURCE Heska Corporation

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