Quidel Corp., a leading provider of rapid point-of-care diagnostic tests, announced a partnership in the area of women's health with Church & Dwight Co. Inc., a leading manufacturer and marketer of a wide range of personal care, household and specialty products including over-the-counter test kits. The partnership combines Church & Dwight's marketing, distribution and sales skills with Quidel's strength in the development and manufacture of rapid diagnostic tests.
Church & Dwight is a leader in home pregnancy and ovulation testing, and Quidel is a brand leader in the professional market for rapid tests in pregnancy, influenza and strep A. In addition to the partnership, the companies have entered into a cross-license agreement settling the pending intellectual property litigation between them. The settlement and cross-license agreement, dated March 10, 2006, settles all pending intellectual property litigation between the parties and cross-licenses relevant patents related to lateral flow technology for the over-the-counter market.
