15:03:49 EDT Fri 31 Mar 2023
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or Name

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Empower Clinics Inc
Symbol EPW
Shares Issued 395,358,658
Close 2023-01-09 C$ 0.03
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Empower's Medisure signs lab service deal with Alp

2023-01-10 09:32 ET - News Release

Mr. Steven McAuley reports


Empower Clinics Inc.'s Medisure Laboratory has signed a laboratory services agreement with Alp Medtech AG (ALP), the authorized representative of Atlas Medical Gmbh.

This agreement follows the partnership announced on Dec. 19 between Empower and Alp Medtech -- the authorized representative of Atlas, a European medical device company specializing in the distribution and manufacturing of in vitro diagnostic tests and medical devices. Atlas was founded in 1996 as a manufacturer and supplier of quality diagnostic reagents and kits. With a presence in more than 80 countries worldwide, its product range comprises a comprehensive list of quality diagnostic products in the fields of serology, hematology, microbiology, immunology, histopathology and biochemistry.

Empower anticipates it will generate new accretive service revenue from the provision of continuing clinical study services. This also accelerates the introduction of new medical devices and test products for distribution by Empower into the United States market.

"This is another accretive deal with a focus on the U.S. market that follows the announcement of a strategic partnership agreement signed last month," stated Steven McAuley, chairman and chief executive officer of Empower Clinics. "ALP clearly sees the value of Medisure Labs to help them perform the clinical studies in Dallas that are required for U.S. government Food and Drug Administration 510K approvals for the sale of Atlas equipment in the U.S. market. With Dallas as a major health care hub in the U.S., Medisure Lab has both the medical equipment, expertise and the network of health professionals to help ALP and Atlas to enter the U.S. market efficiently and rapidly."

About Empower Clinics Inc.

Empower is an integrated health care company with multidisciplinary clinics, an at-home medical testing device company and state-of-the-art medical diagnostics laboratories. With a growing presence in the U.S. and Canada. Empower is a leader in integrated health care and diagnostics solutions; it is reshaping the model for patient-first wellness.

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