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**CHEMBIO          DIAGNOSTICS, INC.**

**CODE          OF ETHICS**

**Principles          Governing Professional and Ethical Conduct**

|   | · | Honest                    and ethical conduct, including the ethical handling of actual                    or apparent                    conflicts of interest between personal and professional                    relationships; |
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|   | · | Full,                    fair, accurate, timely, and understandable disclosure in reports                    and                    documents that the Company files with, or submits to, the Securities                    and                    Exchange Commission and other public communications made by the                    Company; |
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|   | · | Compliance                    with laws, rules and regulations applicable to the Company;                    and |
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|   | · | The                    prompt internal reporting of violations of this                    Code. |
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**Reporting          and Treatment of Violations**

|   | · | The                    alleged event, matter, or issue that is the subject of the alleged                    violation; |
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|   | · | The                    name of each person involved; |
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|   | · | If                    the alleged violation involves a specific event or events, the                    approximate                    date and location of each event;                    and |
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|   | · | Any                    additional information, documentation, or other evidence available                    relating to the alleged violation. |
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|   | · | The                    nature and severity of the                    violation; |
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|   | · | Whether                    the violation was a single occurrence or involved repeated                    occurrences; |
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|   | · | Whether                    the violation appears to have been intentional or                    inadvertent; |
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|   | · | Whether                    the person in question had been advised prior to the violation                    as to the                    proper course of action; |
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|   | · | Whether                    the person in question had committed other violations in the                    past; and |
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|   | · | Such                    other facts and circumstances as the Audit Committee shall deem                    advisable                    in the context of the alleged                    violation. |
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**Consequences          of Violations**

|   | · | Disciplinary                    action (including censure, re-assignment, demotion, suspension,                    or                    termination); |
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|   | · | Pursuit                    of any and all remedies available to the Company for any damages                    or harm                    resulting from a violation, including injunctive relief;                    and |
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|   | · | Referral                    of matters to appropriate legal or regulatory authorities for                    investigation and prosecution. |
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**Requests          for Waivers and Changes in Code**

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