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Dr. Yahia Gawad, CEO of CardioGenics Holdings, Inc., Interviewed in MedTech Executive
Date:12/30/2009

MISSISSAUGA, Ontario, Dec. 30 /PRNewswire-FirstCall/ -- Dr. Yahia Gawad, Chief Executive Officer of CardioGenics Holdings Inc. (OTC Bulletin Board: CGNH), a developer of technology and products targeting the immunoassay segment of the IVD testing market, was interviewed in MedTech Executive. The article touches on the technical and market environment for developing its QL Care Analyzer device, the FDA approval process, InVitro Diagnostic (IVD) trends, and the investment climate for immunoassay products following CardioGenics' recent business agreement with Merck Chimie, S.A.S. To read the article in full, please visit http://www.devicelink.com/mx/issuesupdate/09/12/gawad.html

In the interview, Dr. Gawad observed, "Cardiologists and emergency room physicians are demanding more than just yes/no answers" when it comes to cardiac testing. He added, "market penetration figures testify that the climate requires more than the existing cardiac test offerings."

CardioGenics' QL Care Analyzer "is the first Point-of-Care (POC) platform to bring chemiluminescence to the POC immunoassay testing market for those seeking quantitative results. Fundamentally, the QLCA is an immunoassay analyzer that is set up to perform one test at a time in whole blood samples. It is not a miniaturized lab analyzer, in the sense that the technology was imported from lab-based machines. The core technology was specifically developed for the QLCA and works in tandem with numerous other technologies inside it," said Dr. Gawad. This distinguishes the QLCA device because other POC platforms "all are either qualitative, giving simple 'yes' or 'no' answers, or they employ fluorescence, which has a low detection limit."<
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SOURCE CardioGenics Holdings Inc.
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