Miami, FL - (March 14, 2008) - Modern Veterinary Therapeutics, LLC announces today that it is entering the $1.5 billions
veterinary diagnostic market. The USDA has granted licensing for its ImmunoComb-FIP (Product code 5029.00). ImmunoComb-FIP is an antibody
diagnostic test indicated to aid in the diagnosis of Feline Infectious Peritonitis Virus in both serum and whole blood. ImmunoComb-FIP
is based on a patented Solid Phase ImmunoAssay technology described as “dot-ELISA”. A multicentric clinical trial in the United States
showed that ImmunoComb-FIP has a sensitivity and specificity of 100%. ImmunoComb-FIP is available for immediate shipment and will
be available to veterinarians and veterinary diagnostic laboratories through veterinary distributors.
“The USDA licensing of
ImmunoComb-FIP marks our first entry into the veterinary biologics and diagnostic markets. It is the result of several years of successful
collaboration between Modern Veterinary Therapeutics, LLC and Biogal Galed Labs of Israel. This first licensing follows a successful
USDA inspection of our facility in Coral Gables, Florida and of Biogal in Israel in January 2008. A complete portfolio of high quality
antibody diagnostic kits is under review by the USDA”, said Dr Cuong Tu Ba, Founder and President of Modern Veterinary Therapeutics,
LLC.