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Augurix Diagnostics Receives the 2011 'Debiopharm /Valais Award' for its Point-of-care Diagnostic Test for the Early Detection of Celiac Disease
Date:11/9/2011

LAUSANNE, Switzerland, November 9, 2011 /PRNewswire/ --

Debiopharm Group™ (Debiopharm), a Swiss-based global biopharmaceutical group with a focus on drug development and companion diagnostics, presents the 2011 'Debiopharm /Valais Award' to Augurix Diagnostics (Augurix), a privately held company based in Monthey (Valais), that focuses on point-of-care testing in the field of gastro-enterology and initially on Celiac disease. Debio R.P., the Martigny-based structure of Debiopharm, will award 20'000 Swiss francs to Augurix CEO Thierry Duvanel during the ceremony that will take place on November 10th during the Ark Innovation Day at BioArk.

Augurix has developed a diagnostic test (Simtomax®) used for the screening of Celiac disease. The test replicates existing expensive laboratory diagnostic procedures, using a fraction of the blood sample normally required, and it delivers results in 10 minutes with equivalent reliability. The intended use of Simtomax® is to exclude Celiac disease when performing large screening or differential diagnosis, thereby moving faster towards therapy. This diagnostic test significantly reduces the medical costs and use of healthcare services.

"It is an honour for Augurix to receive the 2011 Debiopharm /Valais Award," declared Thierry Duvanel, CEO of Augurix SA. "Our company is focused on point-of-care testing, which is one of the major trends shaping the future of medical diagnostics. Receiving this award reinforces our vision and is a great incentive for us to move it forward."

"The jury was unanimous in its decision to elect Augurix for the Award," said Rolland-Yves Mauvernay, President and founder of Debiopharm Group™. "We were seduced by their skills in the diagnostic area and by their ability to develop a point-of-care strategy, which we are sure will open new approaches for the treatment of the Celiac and other diseases. Debiopharm is committed to the development of life s
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SOURCE The Debiopharm Group
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