Lumos secures new contract manufacturing agreement
| Stock | Lumos Diagnostics Holdings Ltd (LDX.ASX) |
|---|---|
| Release Time | 8 Apr 2026, 9:45 a.m. |
| Price Sensitive | Yes |
Lumos secures new contract manufacturing agreement
- Lumos secures supply contract to manufacture Micro-Pak's Mold Analyzer system
- The Mold Analyzer system was developed by Lumos for Micro-Pak and comprises a novel mold detection test, Lumos digital camera reader, and a custom mobile application
- The new agreement is a follow-on contract for the Lumos Commercial Services Division which covers the production of custom readers and point-of-care tests
Lumos Diagnostics Holdings Ltd (ASX: LDX) has announced that it has secured a new contract manufacturing agreement with Micro-Pak Ltd ('Micro-Pak') to manufacture the Micro Pak Mold Analyzer system. Micro-Pak is a global leader in mold and moisture prevention products. The Mold Analyzer is a broad-spectrum mold detection test system, providing fast, reliable results for professional and consumer use. The Mold Analyzer rapid test cassette was developed by Lumos for Micro-Pak and is the first in the world to detect 56 mold species. Combined with the Lumos proprietary camera reader and custom mobile application, the Mold Analyser provides consistent and full traceability of mold testing across the supply chain for manufacturers. The Mold Analyzer is also configurable for use as a stand-alone visual read test, providing a low-cost solution for consumer testing in the home. The new agreement is a follow-on contract for the Lumos Commercial Services Division which covers the production of custom readers and point-of-care tests. Lumos has received the first purchase order under the agreement, valued at US$250,000. The contract manufacturing agreement is for three years, with auto one year renewal periods.
The new contract manufacturing agreement with Micro-Pak is expected to generate valuable revenue for Lumos' services business over the next three years, with the first purchase order valued at US$250,000.
The signing of this contract manufacturing agreement further validates the services component of the broader Lumos business and demonstrates Lumos' ability to convert substantial contract development programs into ongoing contract manufacturing agreements. Lumos looks forward to supporting Micro-Pak's commercial success via their ongoing relationship.