T2 Biosystems Announces Commercial Expansion Through Middle East Distributor
Filed Pursuant to Rule 433
Issuer Free Writing Prospectus dated May 6, 2024
Relating to Preliminary Prospectus dated May 6, 2024
Registration No. 333-278866
LEXINGTON, Mass., May 06, 2024 (GLOBE NEWSWIRE) -- T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistant genes, today announced the
execution of a territory exclusive distribution agreement in Qatar. Under the terms of the agreement, T2 Biosystems will sell T2Dx Instruments, the T2Bacteria Panel, the T2Candida Panel, and the
T2Resistance Panel through the newly appointed distributor.
The execution of this exclusive distribution agreement further expands T2 Biosystems’ commercialization in the Middle East. Qatar’s National Sepsis Program is a collaboration between the Ministry of Public Health and leading medical centers that guides the national sepsis prevention efforts in the country. Qatar’s strong focus on sepsis care is demonstrated by sepsis mortality rates among the best in the world and a regular National Sepsis Symposium. The introduction of the T2Dx Instrument and sepsis panels into Qatar will allow rapid detection of sepsis-causing pathogens and antibiotic resistance genes, in hours instead of days, enabling clinicians to achieve targeted therapy, faster.
"We are committed to expanding our commercialization globally and our partnerships in the Middle East are a very important component of our international strategy,” stated John Sperzel, Chairman and CEO of T2 Biosystems. “We believe this region represents strong growth potential for our culture-independent rapid diagnostics and look forward to building a lasting relationship with our newly appointed distributor as we work to improve the quality of care for patients at risk of sepsis.”
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About T2 Biosystems
T2 Biosystems, a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, is dedicated to improving patient care and reducing the cost of care by helping
clinicians effectively treat patients faster than ever before. T2 Biosystems’ products include the T2Dx Instrument, the T2Bacteria Panel, the T2Candida Panel, the T2Resistance Panel, and the
T2Biothreat Panel, and are powered by the proprietary T2 Magnetic Resonance (T2MR) technology. T2 Biosystems has an active pipeline of future products, including the U.S. T2Resistance Panel, the
Candida auris test, and the T2Lyme Panel. For more information, please visit www.t2biosystems.com.