Company History

2019

The Collaboration Agreement with Siemens was terminated.
UBI entered into a Commercial and Distribution Agreement and other definitive agreements with Siemens. Pursuant to these agreements, UBI acquired certain assets of Siemens and amongst other things enables UBI the right to pursue partnership and distribution opportunities for point-of-care coagulation products outside of its arrangement with Siemens


2018

LifeScan gave notice and exercised its right to “convert” its obligation to pay quarterly service fees to UBI. Accordingly, UBI will not receive any further quarterly service fees beyond 2018.


2016

UBI acquires Hemostasis Reference Laboratory business.


2014

Siemens Healthcare Diagnostics receives CE Mark approval and launches the Xprecia StrideTM Coagulation Analyser in Europe.
The product has since been launched in key markets including US, Europe, Asia Pacific and The Middle East.


2012

UBI signs long term supply and manufacturing agreement with Siemens Healthcare Diagnostics for manufacture of biosensors for point-of-care (POC) coagulation testing.


2009

LifeScan’s UBI-designed biosensor strip and meter system, OneTouch® Verio®, receives initial regulatory clearance to sell in Europe. The product has since been rolled out globally.


2006

UBI lists on the Australian Securities Exchange.
UBI commences establishment of world class biosensor manufacturing facilities at Rowville, Victoria, Australia.


2002

UBI completes deal with LifeScan, Inc, (a Johnson & Johnson company).
LifeScan takes ownership of electrochemical cell technologies and grants UBI a licence for these technologies outside the field of diabetes and blood glucose management generally.
LifeScan engages UBI to develop a new blood glucose test.


2001

Universal Biosensors, Inc (UBI) incorporated in Delaware, US.
Australian subsidiary, Universal Biosensors Pty Ltd, formed.