WEST LAFAYETTE, Ind. - September 6, 2017 - (Newswire.com)

Bioanalytical Systems, Inc. (NASDAQ:BASI) ("BASi" or the "Company"), a recognized global leader in the development of instrumentation for microdialysis and in vivo sampling in animal models, today announced that it has entered into a collaborative agreement with JOANNEUM RESEARCH to commercialize the Open Flow Microperfusion (OFM) technology for preclinical applications. Under the terms of the agreement, BASi will be granted exclusivity to promote and distribute OFM products meant for preclinical research applications in the North and South American markets.