Stocks TradingCharts.com

stocks prices, charts & quotes

Free Stock Prices, Charts & Stock Price Quotes

Search
Symbol Search Browse Symbols My Charts Menu
QUICK QUOTE
QUICK CHART
F.A.Questions Suggestion Box Advertising Info Commodity Charts Forex Markets

Stocks & Financial News

Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts

AXIM Biotechnologies, Inc. Announces Exclusive Distribution Agreement With VisionPlus Corp. for TearScan(R) Lactoferrin and IgE Diagnostic Tests in South Korea

Oct 23, 2025 (NewMediaWire via COMTEX) --
SAN DIEGO, CA - October 23, 2025 (NEWMEDIAWIRE) - AXIM Biotechnologies, Inc. (OTC:AXIM) (“AXIM”), a leader in rapid, point-of-care ocular diagnostics, today announced it has entered into an exclusive distribution agreement with VisionPlus Corp. (“VisionPlus”) to market and distribute AXIM’s TearScan® Lactoferrin Test for the detection of aqueous-deficient dry eye (ADDE) and TearScan® IgE Test for ocular allergy throughout South Korea.

Under the agreement, VisionPlus receives exclusive rights to distribute AXIM’sTearScan® LactoferrinandTearScan® IgEdiagnostic tests, both supported by theI-Peak digital reader, across South Korea. The companies will collaborate onKorean MFDS registration, targetingsimultaneous submissionsfor both assays. VisionPlus will lead local compliance, regulatory coordination, and commercialization through its established network ofophthalmology clinics, hospitals, and specialty Dry Eye Centers.

The initial term of the agreement isone year, with automatic one-year renewals for an additional four years tied to annual sales milestones. AXIM will retainmanufacturing control,intellectual-property ownership, and provideregulatory and technical supportfor market entry and ongoing product quality compliance.

Catalina Valencia, President of AXIM Biotechnologies, stated:
“VisionPlus is an exceptional partner with a proven commitment to advancing ocular health. Their clinical insight and national reach make them ideal to introduce AXIM’s TearScan® platform to South Korea. This collaboration will bring quantitative tear diagnostics directly to clinicians, improving diagnostic precision and enabling more personalized care for patients suffering from dry eye disease and ocular allergy.”

Jerry Park, President of VisionPlus Corp., added:
“Years ago, VisionPlus recognized that the global rise in digital device use and worsening environmental conditions would lead to an epidemic of Dry Eye Disease. We established dedicated Dry Eye Clinics across Korea in anticipation of that need. AXIM’s TearScan® Lactoferrin and IgE tests will complete our vision—creating aone-stop diagnostic and treatment ecosystemfor Dry Eye Disease and related conditions.”

AXIM’s TearScan® diagnostic portfolio provides quantitative, point-of-care tear biomarker analysis in minutes, using a small tear sample. The system’s reader delivers precise measurements that help clinicians differentiate between aqueous-deficient dry eye, evaporative dry eye, and allergic conjunctivitis - a crucial distinction for selecting effective therapy and monitoring patient progress.

About AXIM Biotechnologies, Inc.

AXIM Biotechnologies, Inc. develops and commercializes rapid, point-of-care diagnostic tests focused on ocular and systemic health. Its TearScan® platform enables clinicians to quantify tear biomarkers with laboratory-grade accuracy in office settings, enhancing diagnostic confidence and treatment outcomes.

For more information, visit www.aximbiotech.com.

About VisionPlus Corp.

VisionPlus Corp., is a Korean distributor specializing inophthalmic diagnostic and therapeutic technologies, serving hospitals, specialty eye clinics, and ophthalmology practices across South Korea. With a commitment to innovation and patient care, VisionPlus partners with global leaders to bring advanced eye-health solutions to the Korean market.

Media Contact
AXIM Biotechnologies, Inc.
Catalina Valencia, President
hello@aximbiotech.com
(858) 256-5132

comtex tracking

COMTEX_469737982/2549/2025-10-23T08:03:21

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.