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Biotech / Medical : Trinity Biotech (TRIBY)
TRIB 0.808-0.9%Feb 2 3:59 PM EST

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From: whynag2/4/2006 2:50:59 AM
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Davy Stockbrokers Dublin

Trinity Biotech (TRIB US)
White House commitment to rapid HIV testing
Previous close: $8.59 Target: $8.40 (29/04/05) Analyst: jack.gorman@davy.ie
Trinity Biotech may potentially benefit from additional state funding earmarked for the purchase and distribution of rapid HIV
test kits in the US market.
The company is one of only a handful of rapid test manufacturers in the US, with Orasure the clear market leader at present.
Additional sector funding would help support our own 2006/2007 forecasts which anticipate that US sales of Trinity’s rapid
HIV test more than double from estimated 2005 levels.
The US president, in his state of the union address, proposed to direct more than $90m to the purchase and distribution of
kits for more than 3m Americans. $20m of this is specifically targeted at routine testing in US prisons, and another $20m will
be used for healthcare professionals who most often come into contact with high-risk groups such as intravenous drug users.
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