Trinity Biotech Plc - Company Profile
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Trinity Biotech Plc (Trinity Biotech) develops, manufactures, and markets diagnostic test kits for the point of care and clinical laboratory segments of the diagnostic market and offers laboratory services. Focus on R&D activities, established presence, and autoimmune and immunogenetics testing services are the strengths of the company, even as declining profitability could be a cause for concern to the company. The growing diabetes care device market, launch of new products and services, and regulatory approvals could present ample growth opportunities to the company. However, intense competition, reliance on third party vendors, and stringent government regulations could affect Trinity Biotech’s business, operating results and financial condition.
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