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BioWorld - Friday, June 19, 2026
Home » Topics » Diagnostics, Medical technology

Diagnostics, Medical technology
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Quantumdx receives $20M equity investment to build on its pandemic-driven product line

Nov. 8, 2021
By Nuala Moran
LONDON – PCR point of care testing specialist Quantumdx Group Ltd. is poised to accelerate its commercial development in China, after the Hong Kong venture capital fund Vita Spring made a £15 million (US$20.3 million) equity investment.
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Green approved stamp

TGA greenlights Telix’s PSMA imaging agent Illuccix for prostate cancer

Nov. 5, 2021
By Tamra Sami
PERTH, Australia – Australia’s Therapeutic Goods Administration (TGA) has approved Telix Pharmaceuticals Ltd.’s lead prostate cancer imaging agent, Illuccix. Illuccix (TLX591-CDx) is a Gallium-based PSMA imaging agent and cold kit for developing radiopharmaceutical products and diagnostic agents. Telix’s prostate cancer program consists of a companion diagnostic imaging agent (TLX591-CDx) and a therapeutic (TLX-591) to improve the detection and treatment of prostate cancer.
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DNA illustration

Fapon Biotech takes over DNA sequencing firm Sequlite ahead of planned IPO

Nov. 4, 2021
By Doris Yu
Fapon Biotech Inc. expanded its presence in the global next-generation sequencing (NGS) market by acquiring all of the shares in U.S. firm Sequlite Genomics US Inc. With the acquisition, the Dongguan, China-based Fapon Biotech will manage Sequlite’s product development and business operation.
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Image of smarphone showing Allara app

Allara sees huge demand for PCOS diagnostic with 10,000 women on waitlist

Nov. 3, 2021
By Annette Boyle
Allara Health Inc. officially launched its diagnostic test for polycystic ovary syndrome (PCOS) this week, but word of mouth has already established a waitlist of more than 10,000 women. The diagnostic tool evaluates a full panel of hormonal and metabolic markers, which are used with patient-reported symptoms, to diagnose the increasingly common condition.
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Business pipeline illustration

Trillium lab gets C$1M to close gap between high performing algorithms and patient outcomes

Nov. 3, 2021
By David Godkin
TORONTO – Trillium Health Partners has received a C$1 million (US$810,000) grant from TD Bank Group to help accelerate the use of artificial intelligence (AI) at a newly developed health care lab. The AI Deployment and Evaluation (AIDE) lab will determine if machine learning models developed by industry and academia work well outside the data sets upon which they were trained.
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Handshake with DNA, molecules

Astrazeneca and Saga Diagnostics link up for assay development agreement

Nov. 2, 2021
By Catherine Longworth
Astrazeneca plc has signed an agreement with liquid biopsy testing company Saga Diagnostics AB to develop dPCR assays. Lund, Sweden-based Saga Diagnostics will develop Sagasafe dPCR assays towards undisclosed methylated targets for analysis of tissue samples and liquid biopsies. The assay is part of Saga’s portfolio of “ultrasensitive technologies,” comprising Sagasign for personalized monitoring of cancer burden and minimal residual disease.
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Doctor using Moleculight DX on foot wound

Moleculight partners with Joerns Healthcare to distribute new wound imaging device

Oct. 29, 2021
By David Godkin
TORONTO – Imaging company Moleculight Inc. has launched a new point-of-care, wound imaging platform intended for multiple U.S. health care settings and has also inked a deal with a U.S. distributor to ensure it gets there.
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Image of the next-generation Cellvizio platform

Mauna Kea begins marketing its new generation of real-time in vivo cell imaging technology in US and Europe

Oct. 28, 2021
By Bernard Banga
PARIS – Mauna Kea Technologies SA reported the commercial launch of a new generation of its in vivo cellular imaging for diagnostics in gastroenterology. At the same time, the company is deploying its new needle-based and miniprobe-based multidisciplinary confocal laser endomicroscopy platform in the U.S., as well as in France, Germany and Italy.
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Illustration of DNA, digestive system

Coloscape demonstrates 100% specificity for colorectal cancer

Oct. 27, 2021
By Annette Boyle
Diacarta Inc.’s diagnostic assay, Coloscape, could be the first to meet the Centers for Medicare and Medicaid Service (CMS)’s strict standards for Medicare coverage of a liquid biopsy for colorectal cancer screening if results seen in a Plos One study are borne out in larger trials and the test gets the nod from the FDA. That is a lot of ifs, but the study posted strong results: 100% specificity and 92.2% sensitivity for cancer and 95% specificity and 62.5% sensitivity for precancerous lesions.
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Photo of Syntax system

DNA Script signs up $165M in series C financing

Oct. 26, 2021
By Annette Boyle
DNA Script SAS nabbed $165 million in a series C fundraising round to support commercialization of the company’s Syntax platform and expand its portfolio of products powered by enzymatic DNA synthesis. DNA Script has raised a total of $280 million to date.
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