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NEW YORK — Specialty pharmaceutical firm Aytu BioScience said on Tuesday that it has exclusively licensed the US distribution rights for a point-of-care SARS-Cov-2 immunoassay developed by China's Zhejiang Orient Gene Biotech.

Englewood, California-based Aytu licensed the US rights to the test from Hong Kong's LB Resources, which holds the test's North American rights. Aytu has right to distribute the test in the US for three years with three-year autorenewals thereafter.

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