July 25, 2017 6:04 AM ET

Containers and Packaging

Company Overview of 2072906 Ontario Limited

Company Overview

2072906 Ontario Limited designs and manufactures specialty caps and closures. The company offers its products to food, dairy, beverage, condiment, industrial, petro-chemical, bio-medical, electronic, aerospace, and pharmaceutical markets; and other technologically demanding clients. It also provides sales and technical support services. The company was founded in 1963 and is based in Richmond Hill, Canada. As of November 2, 2015, 2072906 Ontario Limited operates as a subsidiary of CardioGenics Holdings Inc.

177 Crosby Avenue

Richmond Hill, ON L4C 2R3

Canada

Founded in 1963

Phone:

905-883-4343

Fax:

905-883-4375

Key Executives for 2072906 Ontario Limited

2072906 Ontario Limited does not have any Key Executives recorded.

2072906 Ontario Limited Key Developments

CardioGenics Holdings Inc Enters into Manufacturing Agreement with Plasticap

CardioGenics Holdings Inc. announced that it has entered into a manufacturing agreement with Plasticap, pursuant to which Plasticap will manufacture CardioGenics' proprietary self-metering cartridges for its QL Care analyzer. The term of the agreement is 3 years and the purchase price for each cartridge shall be as specified in each purchase order issued pursuant to the agreement. CardioGenics' self-metering cartridge is a disposable pre-loaded test cartridge that allows the QL Care analyzer to analyze blood samples without the need for an independent metering mechanism, as the cartridge automatically deposits an accurate amount of whole blood necessary for each test into the cartridge's reaction chamber. This allows the QL Care analyzer to provide at the point-of-care quantitative test results of laboratory quality. Point-of-care analyzers that do not utilize self-metering cartridges must instead utilize manual metering of the blood samples, or rely on passive fluid movements, both of which are time-consuming, sometimes inaccurate and add to testing costs. The self-metering cartridge will be used for all tests on the QL Care analyzer, including the company's upcoming Troponin-I test, which addresses a $600+ million testing market, as well as the company's planned heart failure tests, which address a $1+ billion testing market.

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