- Business
- SD BioSensor, Inc. (137310.KS) is a South Korea-based in vitro diagnostics company that develops, manufactures and markets point-of-care diagnostic solutions for infectious diseases, chronic conditions and general health screening; its core product platforms include STANDARD Q rapid diagnostic tests for parameters such as COVID-19, influenza and other infectious agents; STANDARD F fluorescent immunoassay systems for multi-parametric laboratory testing; STANDARD E enzyme-linked immunosorbent assays for mass screening; STANDARD M and M10 point-of-care molecular diagnostic systems with qPCR reagents and nucleic acid extraction kits for near-patient clinical decisions; STANDARD i chemiluminescent immunoassay analyzers; procell Dx interferon gamma release assays for tuberculosis and immune status evaluation; and blood glucose monitoring systems including meters like SD GlucoNavii with NFC connectivity for self-testing. Founded in 2010 and headquartered in Suwon, Gyeonggi-do, South Korea, the company operates globally with production facilities including a new plant in Gurugram, India that boosts annual capacity by over 2.9 times, serving markets in Asia, Europe, the Americas and low- and middle-income countries through distributors and subsidiaries. In recent developments, SD BioSensor completed its 2023 acquisition of a 60% stake in Meridian Bioscience, Inc. for $1.53 billion in partnership with SJL Partners to expand U.S. diagnostics capabilities; signed a December 2024 tripartite MOU with Japan's RIT/JATA and Korea's ITRC for R&D of M10 platform-based tests targeting extensively drug-resistant tuberculosis; secured WHO and Medicines Patent Pool sublicensing for rapid diagnostic technology transfer to Codix Bio in Nigeria in May 2025; launched 28 new products including STANDARD M10 in 2024 with KRW 87.9 billion R&D investment; obtained European CE-IVDR certifications for five blood glucose meters and molecular diagnostics in 2025; and participated in events like the 2025 Fall Conference of Korean Clinical Hypertension Society while planning a continuous glucose monitoring system rollout.