Bionote has received the '300 million USD Export Tower' commemorative trophy. This is the second time that Bionote has received an export achievement trophy following last year's 100 million USD export commemorative trophy and it is the first time an animal diagnostic device company has received them.
Every 5th of December (Official Day of Trade), the Korean Ministry of Trade, Industry and Energy (MOTIE) and the Korean International Trade Association (KITA) holds a ceremony where they select and rewards companies that have contributed to export performance through pioneering overseas markets and creating jobs, amongst other criteria.
Bionote has over 160 sales networks in over 90 countries around the world, through which Bionote exports their products such as rapid diagnostic kits, fluorescence immunoassay products (Vcheck F) and ELISA kits, amongst many others. Furthermore, Bionote has subsidiaries in key countries with large diagnostic markets such as US and China, rapidly expanding Bionote's market share.
Bionote's main diagnostic device, Vcheck F, is especially well received both domestically and internationally due to its high sensitivity, achieved through the use of Europium as a fluorescence material, and its capability to quantitatively measure diverse biomarkers.
Bionote also expects to grow through expansion into new markets with their Vcheck M. POC Molecular Diagnostic Device, and Vcheck C, POC Clinical Chemistry Analyzer which are planned to be launched relatively soon.