Navigation Links
Frost & Sullivan Recognizes IntelligentMDx for Its Commitment to the Advancement of Healthcare and Diagnostics
Date:12/17/2009

MOUNTAIN VIEW, Calif., Dec. 17 /PRNewswire/ -- Frost & Sullivan is proud to present the 2009 North American Healthcare Innovation Award in molecular diagnostics to Intelligent Medical Devices, Inc. (IntelligentMDx) for its commitment to providing innovative technologies for the advancement of healthcare and diagnostics. Since its incorporation in 2004, IntelligentMDx has introduced a proprietary novel and innovative bioinformatics approach to make tests that are clinically impactful, competitively differentiated, and platform agnostic.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

There is an enormous market demand for robust diagnostic tests that allow for definitive diagnosis and effective treatment. Of equal importance is a test's ability to differentiate variations between infectious disease agents - while a strain of pathogen might exhibit only minor changes at the protein level, existing tests can prove inadequate to identify significant genetic deviation from the wild type. Thus, innovative tests that employ a sequence-based approach to diagnosis at the molecular level have superior clinical potential.

Specifically, today's molecular diagnostic platforms are providing unparalleled clinical value, especially for diagnosis of infectious diseases. Moreover, these molecular diagnostic technologies are smaller, less expensive, and more user-friendly than their predecessors, driving the adoption and utilization of new innovative tests.

"By the mid-2020's, physicians are expected to employ these technologies at the point-of-care and improve the economics of patient care substantially," says Frost & Sullivan Industry Manager Jonathan Witonsky. "Companies that are developing these tests that streamline the overall cost of patient care will have a significant competitive advantage with the advancement of healthcare."

IntelligentMDx collaborates with thought leading stakeholders to understand the current needs of molecular testing, and it employs unique and proprietary bioinformatics processes for the accelerated production of high-quality assays. Built into this process is the incorporation of a network of inputs from expert end users to pre-set the clinical indications and specifications for an assay. IntelligentMDx's innovative technology and process enables a better understanding for nucleic acid to nucleic acid interactions and thus can enhance the development of tests of any molecular application.

The company's in silico design and analysis process allows it to avoid a long trial and error approach, requires less wet lab experimentation to show that a solution is valid, and meets the highest performance standards. IntelligentMDx's approach to producing clinically relevant assays decreases the test development time so it can provide the best solutions to clinicians and patients sooner, while avoiding some of the risks of bringing products to market.

IntelligentMDx is developing products in a breadth of markets, including Seasonal/Pandemic Influenza, Bordetella, Immunocompromised patient care and Infection Control testing including antimicrobial resistance screening and detection. Using this approach, the company has developed relationships with many clinical reference labs. Such close collaborations with customers have enabled IntelligentMDx to understand the economics of labs and challenges that users face with existing methods.

Further, IntelligentMDx's tests are designed and developed under FDA quality system regulations and, therefore, are accompanied with reduced risks. The company has a very strong intellectual property portfolio and holds US and foreign patents and pending patent applications on, including, individual test sequences and methods of using the assays and sequences.

For its commitment to providing innovative technologies for the advancement of healthcare and diagnostics, Frost & Sullivan is pleased to present the 2009 Healthcare Innovation Award to IntelligentMDx for its demonstrated leadership in the molecular diagnostics markets.

Each year, Frost & Sullivan presents this award to the company that has exhibited a breakthrough approach / degree of differentiation innovation compared to other market participants in terms of unique or revolutionary technology. The award recognizes outstanding penetration rate of new markets and the significance of the innovation within the industry. It also recognizes the recipient for leading proactive initiatives to improve value to customers and advancement of the industry through its research.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About IntelligentMDx

IntelligentMDx is a commercial stage molecular diagnostics company that makes tests that are clinically impactful, competitively differentiated, and platform agnostic. We have product offerings for Seasonal/Pandemic Influenza, Bordetella, Immunocompromised patient care and Infection Control testing including antimicrobial resistance screening and detection. IntelligentMDx commercializes molecular diagnostic test solutions under FDA QSR, ISO 13485:2003 and IVDD regulations and guidances for use in clinical reference laboratories. IntelligentMDx, Inc., a privately held company, is based in Cambridge, MA. Additional information is available at http://www.intelligentmdx.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.


    Contact:
    Jake Wengroff
    210.247.3806
    jake.wengroff@frost.com

SOURCE Frost & Sullivan


'/>"/>
SOURCE Frost & Sullivan
Copyright©2009 PR Newswire.
All rights reserved

Related medicine technology :

1. Frost & Sullivan to Speak at 2010 International Consumer Electronics Digital Health Summit
2. Masimo Chairman and CEO Joe Kiani Receives 2009 Frost & Sullivan CEO of the Year Award
3. Frost & Sullivan Product Quality Leadership Award in the European Ultrasound Market Conferred on SonoScape for S8
4. Drug Candidates in Pipeline Offer Potential for Parkinsons Disease Therapeutics Market, Says Frost & Sullivan
5. Frost & Sullivan: Western European Markets Confirm Undisputed Convenience and Cost Benefit of Custom Procedure Trays
6. Nonin Medical is Recognized by Frost & Sullivan for Remote Patient Monitoring Leadership
7. Frost & Sullivan Award Underlines Cipla Medpros Status as Company of the Year in the South African Generic Pharmaceutical Market
8. Frost & Sullivan Recognizes Fovia for its HDVR(R) Platform - A Disruptive Technology Breakthrough
9. Central and Eastern European Healthcare Markets Hold Strong Potential for Growth Despite the Economic Slowdown, Says Frost & Sullivan
10. Lifesciences IT Spending to Experience Mature Growth Rates Despite Economic Slowdown, Declares Frost & Sullivan
11. Widening Application Range to Boost MRI Markets in Eastern Europe, Says Frost & Sullivan
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/25/2016)... SPRINGS, Florida , May 25, 2016 ... Business Conference & Expo earlier this month, the numbers ... As revenues continue to climb into the billions, more ... the newly released 4th Edition State of Legal Marijuana ... Frontier, a cannabis-focused data-analysis firm, much of the increase ...
(Date:5/25/2016)... , May 25, 2016 Digital Health ... to it by the US Patent and Trademark ... technology includes proprietary processes for electronic opt-­in and ... and wellness programs, HIPAA compliance and otherwise. ... "Our technology allows for ...
(Date:5/25/2016)... , May 25, 2016 ... the precision of circulating tumour DNA (ctDNA) analysis ... the appointment of Professor Clive Morris ... leadership across the clinical development programme, scientific collaborations, ... help deliver significant improvements in clinical outcomes for ...
Breaking Medicine Technology:
(Date:5/28/2016)... ... 28, 2016 , ... May 26, 2016- In search of the K. Warriors, ... event of “K Warriors” on June 4, 2016 at Ashbury Hotel and Suites 600 ... sponsored and hosted by Shaolin Institute and sanctioned by KSF (Kungfu Sanda Federation), This ...
(Date:5/28/2016)... , ... May 28, 2016 , ... In a part of the city where’s it’s ... new farm-to-table Kelowna restaurants is hoping to attract diners with a taste for ... Suites officially opened the doors to Cornerstone Grill, an urban casual restaurant focusing on ...
(Date:5/27/2016)... ... May 27, 2016 , ... Southland Log Homes , designer ... timber frame barn kits, which can be found on its website at SouthlandLogHomes.com. , ... barn plans, and they highlight the craftsmanship of timber post and beam construction. ...
(Date:5/27/2016)... ... May 27, 2016 , ... W.S. Badger Co. ... today that it has been recognized as one of the best small businesses for ... named as one of nine small businesses providing progressive benefits to new parents on ...
(Date:5/27/2016)... ... May 27, 2016 , ... With over 60 percent ... the demand for a sustainable product to aid in the rehabilitation process has steadily ... the recovery of individuals with hemiplegia due to stroke. , Ekso Bionics has now ...
Breaking Medicine News(10 mins):