2020. május 13., szerda 09:55 |
Fluxergy announces $30 million to expand manufacturing capacity of its one-hour point-of-care diagnostic testing system in response to COVID-19 |
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Irvine, CA, 13 May, 2020 (APA/OTS) - Irvine, California-based Fluxergy LLC, a diagnostic test company, is making a $30 million investment to expand its capability to scale production of the Fluxergy Analyzer diagnostic testing system in response to the COVID-19 pandemic. |
The Fluxergy system, utilizing state-of-the-art PCR and
microfluidics technology, has been shown to accurately identify the
SARS-CoV-2 virus in one hour in studies conducted by the company,
and by physician-scientists at the University of California San
Diego. Fluxergy has started additional validation studies at
world-leading health systems and plans to continue making its
testing platform available as a Research Use Only (RUO) system for
suitable partners during the current public health emergency.
"We anticipate that our significant investment to step up our
manufacturing capability will enable Fluxergy to deliver as many as
one million tests per month by the end of 2020, reflecting our
confidence in our technology as an innovative solution to COVID-19
testing shortages," said Dr. Ali Tinazli, Chief Commercial Officer
of Fluxergy.
Fluxergy recently filed a request for an Emergency Use
Authorization (EUA) with the U.S. Food and Drug Administration (FDA)
to permit medical sites with CLIA-certified high complexity
laboratories to begin using the company's high-speed test system for
COVID-19 in accordance with the scope of FDA's authorization.
About Fluxergy
Fluxergy, launched in 2013 with funding support of principal
investor and Kingston Technology co-founder John Tu, seeks to
provide a portable, easy to use sample-to-answer POC platform that
enables clinicians to cost-effectively conduct a wide range of
multiplex and multimodal in vitro diagnostic tests (different types
of tests all at once, up to 30 targets). Visit fluxergy.com for more
information.
- Picture is available at AP Images (http://www.apimages.com) -
CONTACT: Dr. Ali Tinazli, atinazli@fluxergy.com +1 (310) 467-1112
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