Launch of OneTouch Verio in Italy

31 Dec 2010

Universal Biosensors, Inc. (ASX: UBI) today announced that LifeScan's new product, OneTouch Verio® has been made available for sale in Italy. The OneTouch Verio® incorporates technology developed by Universal Biosensors and addresses the rapidly growing Self Monitoring Blood Glucose (SMBG) market.

GlobalData reports that the SMBG market in Italy is estimated to reach $780 million in 2015 with a compound annual growth rate over the next five years of 9%.

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