Navigation Links
Innovative Biosensors and ProGenTech Partner to Develop a Rapid Diagnostics System
Date:2/24/2009

ROCKVILLE, Md. and EMERYVILLE, Calif., Feb. 24 /PRNewswire/ -- Innovative Biosensors, Inc., and ProGenTech Limited, two emerging leaders in life science & diagnostics, today announced an agreement to jointly develop a rapid, integrated diagnostic system. The system will incorporate Innovative Biosensor's proprietary Cellular Analysis and Notification of Antigen Risks and Yields ("CANARY(R)") technology, a cell-based approach for quickly detecting various pathogens, into a modified version of ProGenTech's Entura Lite(TM) platform with integrated optical detection capabilities. Innovative Biosensors will commercialize the developed product and financial terms of the deal were not disclosed.

Joe Hernandez, the President and CEO of Innovative Biosensors, said "We believe that having more rapid, highly sensitive assays and fully integrated systems is of immense value to the clinical diagnostic market. The combinations of our two technologies will achieve this panacea. We look forward to working with ProGenTech in revolutionizing this very important market," said Dr. Trevor Hawkins, Chairman & CEO of ProGenTech. "This is a clear validation of the ProGenTech technology and will be yet another avenue for us to create value from our product portfolio and knowhow. In combination with the groundbreaking Innovative Biosensors technology, this new product will enable radical improvements in diagnosis and treatment."

Innovative Biosensors cell-based CANARY(R) technology was originally developed by scientists at Massachusetts Institute of Technology and consists of engineered biosensors expressing membrane bound, pathogen specific antibodies and a calcium sensitive bioluminescent molecule. Cross-linking of the antibodies by even minute amounts of the specific pathogen leads to elevation of intracellular calcium and light emission. The amplified light output can then be detected using a luminometer.

ProGenTech has been developing workflow automation solutions for the life science & diagnostic markets around its Entura Lite(TM) platform and its unique cassette based approach. The key advantage of ProGenTech's Technology is in its ability to simplify assay automation. The cassette-based approach contains all reagents for RNA, DNA, Protein and Cell based applications pre-loaded into the cassette. The user simply adds their samples to the cassettes, loads the cassettes into the system, presses play, and walks away.

About Innovative Biosensors

Innovative Biosensors, Inc. is a privately held company developing novel technologies for the rapid detection of pathogens in biodefense applications and human clinical diagnostics. Innovative Biosensor's technology has been tailored to rapidly and sensitively detect biological threats in building security, military, and civil defense applications. Additionally, the technology platform is being used to develop rapid tests for the detection of hospital-acquired infections. Additional information is available at www.innovativebiosensors.com

About ProGenTech

ProGenTech Limited is a life science and molecular diagnostics company developing instrumentation for nucleic acid and protein purification and molecular diagnostic testing. The company was founded in 2005 and has offices in the San Francisco Bay Area and Shanghai. ProGenTech's first line of sample purification instruments, the Entura product family, increase efficiency in the lab through true walkway automation. These instruments are compatible with the company's unique cassettes, which allow users to isolate a variety of nucleic acids and proteins from a variety of sample types. ProGenTech is also developing a series of molecular diagnostic assays and a fully- integrated instrument for detecting hospital-acquired infection targets. Additional information about ProGenTech can be found at www.progentech.com.


'/>"/>
SOURCE ProGenTech Limited
Copyright©2009 PR Newswire.
All rights reserved

Related biology technology :

1. GeneraMedix, Inc. Announces Sale of Innovative Epoprostenol Formulation to Actelion Ltd.
2. NeoStem Obtains Exclusive Worldwide License to Innovative Stem Cell Technology and Applications for Anti-Aging Skin Rejuvenation Therapies
3. 2009 Marks 50 Years of Innovative Firsts for Instrumentation Laboratory
4. Innovative Beverage Products Launches New Product Designed to Enhance the Bodys Immune Defense
5. Managing Risk Through Quality: Ansell Healthcares Innovative Gammex(R) Glove Range on Display at Arab Health 2009
6. Lentigen Corporation and PATH Announce Partnership on Innovative Vaccine for Pandemic Influenza
7. DuPont Launches Innovative Renewably Sourced Material for Carpet Cushion
8. SpineSmith Partners Collaborates with University of Texas Biomedical Engineering Students to Develop Innovative Products
9. Arizona Heart Innovative Technologies Licenses New Endovascular Device
10. Avid Bioservices Expands Capabilities With Installation of Innovative Thermo Scientific HyClone Single-Use Bioreactor Systems
11. RainDance Technologies to Present Workshop on Sequence Enrichment Using Innovative Microdroplet-Based Solutions at ASHG 2008
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... ... June 23, 2016 , ... UAS LifeSciences, one ... of their brand, UP4™ Probiotics, into Target stores nationwide. The company, which has ... add Target to its list of well-respected retailers. This list includes such fine ...
(Date:6/23/2016)... ... June 23, 2016 , ... ... (Yeast and Mold) microbial test has received AOAC Research Institute approval 061601. , ... tests introduced last year,” stated Bob Salter, Vice President of Regulatory and Industrial ...
(Date:6/23/2016)... ON (PRWEB) , ... June 23, 2016 , ... STACS ... DNA Technical Leader at the Arkansas State Crime Laboratory, has joined STACS DNA as ... the STACS DNA team,” said Jocelyn Tremblay, President and COO of STACS DNA. “In ...
(Date:6/23/2016)... 23, 2016 On Wednesday, June 22, ... down 0.22%; the Dow Jones Industrial Average edged 0.27% lower ... 2,085.45, down 0.17%. Stock-Callers.com has initiated coverage on the following ... Therapeutics (NASDAQ: NKTR ), Aralez Pharmaceuticals Inc. (NASDAQ: ... BIND ). Learn more about these stocks by accessing ...
Breaking Biology Technology:
(Date:6/22/2016)... American College of Medical Genetics and Genomics was once again ... of the fastest-growing trade shows during the Fastest 50 Awards ... Las Vegas . Winners are ... of the following categories: net square feet of paid exhibit ... 2015 ACMG Annual Meeting was ranked 23 out of 50 ...
(Date:6/20/2016)... DALLAS , June 20, 2016 ... criminal justice technology solutions for public safety, investigation, ... by the prisons involved, it has secured the ... Corrections (DOC) facilities for Managed Access Systems (MAS) ... (4) additional facilities to be installed by October, ...
(Date:6/9/2016)... Finland , June 9, 2016 ... National Police deploy Teleste,s video security solution to ensure the ... France during the major tournament ... data communications systems and services, announced today that its video ... Prefecture to back up public safety across the ...
Breaking Biology News(10 mins):