March 3 (Reuters) - Genetic Technologies Ltd GTG.AX :
* CO-EXCLUSIVE PRODUCTION AND DISTRIBUTION RIGHTS AND LICENSE AGREEMENT WITH US BASED INFINITY BIOLOGIX LLC
* DEAL FOR PRODUCTION, DISTRIBUTION & SALE OF CO'S COVID-19 SERIOUS DISEASE RISK TEST IN UNITED STATES
* IBX REQUIRED TO MAKE MINIMUM PAYMENTS TO GTG TOTALLING US$2.9 MILLION OVER TERM TO MAINTAIN EXCLUSIVITY