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Asia

AnteoTech Appoints Japanese Life Sciences Distributor as Product Supplier; Shares Jump 14%

AnteoTech (ASX:ADO) said Japanese life sciences distributor Cosmo Bio was appointed to supply AnteoBind and related products in Japan, effective immediately, according to a Thursday Australian bourse filing.Cosmo Bio will market and supply AnteoBind and related products to Japan for use in bioconjugation workflows within the in vitro diagnostics market, including research institutes and organisations developing and utilising immunoassays.The agreement is nonexclusive, carries an initial term of three years, and there are no minimum purchase obligations. The other terms of the agreement are confidential.Its shares jumped 14% in recent trading on Thursday, reaching an over two-year peak.

ASX:ADO
Asia

AnteoTech Signs Collaboration, Sales Agreement Term Sheet With South Korean Separator Technology Firm; Shares Near Three-Year High

AnteoTech (ASX:ADO) signed a collaboration and sales agreement term sheet with South Korean separator technology firm Xerabrid, according to a Tuesday filing with the Australian bourse.The company's Anteo S cross-linking separator product will be combined with Xerabrid's ceramic coated separator technology in the formulation, development, testing and delivery of customer sales support across next generation battery separators to improve battery safety, the filing said.The two parties are expected to finalize a comprehensive three-year agreement within 120 days, per the filing.Financial terms of the deal were not disclosed.AnteoTech shares rose nearly 38% in morning trade Tuesday and earlier reached their highest since June 2023.

ASX:ADO
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