Atomo Diagnostics Secures Global Liver Test Rights Through 2044 for Pascal

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Market Impact Score
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Key Takeaways

Atomo Diagnostics (ASX: AT1) secures exclusive global licensing for a novel liver function test through 2044, with pharmaceutical validation already underway via a 20,000-cassette clinical trial order.

  • Exclusive global licensing agreement extends through December 2044, providing two decades of potential commercial exclusivity
  • Product development is substantively complete with established diagnostic performance, reducing technical and timeline risk
  • Existing pharmaceutical company evaluation validates commercial demand before regulatory approval
  • Structured payment model aligns cash outflows with progressive regulatory de-risking milestones
  • Pascal platform integration reduces capital requirements and leverages existing manufacturing capabilities
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