Take the Diabetes Health Pump Survey
See What's Inside
Read this FREE issue now
For healthcare professionals only
  • 12 Tips for Traveling With Diabetes
See the entire table of contents here!

You can view the current or previous issues of Diabetes Health online, in their entirety, anytime you want.
Click Here To View

See if you qualify for our free healthcare professional magazines. Click here to start your application for Pre-Diabetes Health, Diabetes Health Pharmacist and Diabetes Health Professional.

Learn More About the Professional Subscription

Free Diabetes Health e-Newsletter
Latest
Popular
Top Rated
Noninvasive Monitors Archives
Print | Email | Share | Comments (0)

Building Leased for Manufacturing Non-Invasive Sensors

Dec 1, 1992

INDIANA, PA. - September 2, 1992 - Biocontrol Technology, Inc. (NASDAQ:BICO) announced today that it has entered into a lease agreement with the Indiana County Board of Commissioners within the Indiana County Commerce Center for 22,500 square feet for the purpose of manufacturing their non-invasive glucose sensor.

The lease specifies a ten-year term with the first four years at $1.50 per square foot, the second four years at $4.00 per square foot and the last two years at $5.00 per square foot. The lease becomes effective immediately; however, payments are not due until late 1993.

Biocontrol Technology anticipates that the facility will be completely renovated and ready for use in the first quarter of 1993. This facility is expected to generate 150 to 200 new jobs in the area.


Categories: General, Monitoring, Noninvasive Monitors



You May Also Be Interested In...


Click Here To View Or Post Comments

Comments 0 comments - Dec 1, 1992

©1991-2014 Diabetes Health | Home | Privacy | Press | Advertising | Help | Contact Us | Donate | Sitemap

Diabetes Health Medical Disclaimer

The information on this site is not intended or implied to be a substitute for professional medical advice, diagnosis or treatment. All content, including text, graphics, images, and information, contained on or available through this website is for general information purposes only. Opinions expressed here are the opinions of writers, contributors, and commentators, and are not necessarily those of Diabetes Health. Never disregard professional medical advice or delay seeking medical treatment because of something you have read on or accessed through this website.