10 June 2013 | News | By BioSpectrum Bureau
Universal Biosensors (UBI) has bagged 'Technology in Manufacturing Award' at Victorian Manufacturing Hall of Fame awards ceremony
Singapore: Australia-based Universal Biosensors (UBI) has bagged 'Technology in Manufacturing Award' at Victorian Manufacturing Hall of Fame awards ceremony, which honours Victoria's most inventive, productive and resilient manufacturers.
The award recognizes Victorian companies that have embraced emerging ad technologies within their manufacturing operations. The Victorian Manufacturing Hall of Fame awards are managed by the Department of State Development, Business and Innovation, and were held at Crown Casino in Melbourne on 6 June 2013.
UBI is a point-of-care diagnostics market, and has partnerships with two of the largest healthcare companies in the world, Siemens Healthcare Diagnostics and LifeScan (a subsidiary of Johnson & Johnson). The company's core technology is a disposable biosensor test strip that uses its proprietary electrochemical sensors to rapidly and accurately test for components in the blood.
UBI's world-class, highly automated manufacturing plant in Rowville employs more than 100 people and has the capacity to produce over 750 million glucose test strips per annum. The high-tech, high volume manufacturing plant is a source of competitive advantage and ongoing revenue.
"We are extremely proud to receive this award and thank the Victorian Government for their support and encouragement over many years. Our world-class manufacturing facility in Rowville has solidly anchored our business in Victoria and provides an important platform for future growth," said Mr Paul Wright, CEO, Universal Biosensors.