Navigation Links
Molecular Detection Inc. Completes $1.5 Million Financing to Advance New Tests for Sepsis and GI Disorders
Date:3/7/2012

WAYNE, Pa., March 7, 2012 /PRNewswire/ -- Molecular Detection Inc. (MDI), a company developing Detect-Ready® tests designed to increase the speed and accuracy of infectious disease diagnosis, today announced that it has completed a $1.5 million financing.  The funds are primarily being used to advance MDI's new molecular diagnostic panels for the detection of sepsis and gastrointestinal (GI) diseases.  Separately, MDI announced allowance of a new European patent for its stabilization technology, which enables Detect-Ready kits to be shipped and stored at room temperature while preserving the integrity of their reagents.  The company also reported that a major teaching hospital in the UK recently completed a comparative study further demonstrating that MDI's Detect-Ready MRSA Panel is superior to a market leading MRSA assay from a global competitor. 

"We appreciate the continuing support of our investors, which is enabling us to advance the development of our new molecular diagnostic assays for sepsis and serious gastrointestinal infections prevalent in hospitals," commented Todd Wallach, CEO and chairman of MDI.  "The superior performance of the unique differential diagnosis technology that is the foundation for all of our tests was recently reconfirmed in an independent study comparing MDI's Detect-Ready MRSA panel to a market leading competitor.  We believe that the Detect-Ready technology provides more accurate and useful information to healthcare providers in an economical, rapid and easy-to-use format, resulting in benefits for hospitals, payers and patients alike." 

The new comparative data confirming the greater accuracy of the Detect-Ready MRSA panel was generated by researchers at St. Thomas' Hospital in London as part of an academic study.  The study compared the performance of MDI's test and the Becton Dickinson GeneOhm MRSA PCR sold by BD Diagnostics.  The researchers conclud
'/>"/>

SOURCE Molecular Detection Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related biology technology :

1. New England Biolabs Signs Agreement with Synthetic Genomics Inc. to Launch Gibson Assembly™ Master Mix for Molecular and Synthetic Biology Applications
2. Accelerate Brain Cancer Cure and Exosome Diagnostics Collaborate to Advance Clinical Studies of Exosome Biofluid Molecular Diagnostics Technology in Brain Cancer
3. Life Technologies Partners With DaAn Gene to Develop and Commercialize Molecular Diagnostic Assays in China
4. Amsterdam Molecular Therapeutics Receives US Orphan Designation for Hemophilia B Gene Therapy
5. Amsterdam Molecular Therapeutics Announces € 2.5 Million Equity Raise
6. The art of molecular carpet-weaving
7. Quanterix Develops Microfluidic Consumable That Will Enable Next Generation Molecular Diagnostic Systems based on Single Molecule Array Technology
8. Amsterdam Molecular Therapeutics Announces Negative Equity Position
9. Why Medicare Carrier Proposes Major Changes in the Handling of Code Stacked Molecular Test Claims is Topic of December 20 Audio Conference
10. Chemists become molecular sculptors, synthesizing tiny, molecular traps
11. Amsterdam Molecular Therapeutics Provides Business Update for the Third Quarter 2011
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/27/2015)... 27, 2015 Empowering biomedical researchers ... disease, Cubresa Inc. today announced its MR Compatible ... in-bore PET Scanner uses silicon photomultiplier detector technology, ... MRI machines from manufacturers like Bruker and Agilent,” ... Winnipeg, Canada. “This enables simultaneous PET and MRI ...
(Date:5/27/2015)... , May 27, 2015  US-Australian drug discovery and ... announced today that it will present at the Brain Tumor ... on May 29, 2015. The venue is the ... Manhattan . The Brain Tumor Biotech ... the pharmaceutical industry and the investment community to promote innovative ...
(Date:5/26/2015)... 26, 2015 Regenestem Network ... cells clinic in Buenos Aires, Argentina. The clinic will ... care specialist. Pastrana has assembled a multidisciplinary team of ... in her state-of-the-art Puerto Madero office. , The ... to phase IV clinical studies in cellular therapies, and ...
(Date:5/26/2015)...  Sangamo BioSciences, Inc. (NASDAQ: SGMO ) announced today ... provide an update on the progress of Sangamo,s ZFP Therapeutic ... business strategy at 1:30pm ET on Monday, June 1, 2015, ... being held in New York, NY . ... be accessed via a link on the Sangamo BioSciences website ...
Breaking Biology Technology:Cubresa Launches Simultaneous PET/MRI Technology 2Novogen to Present at Brain Tumor Biotech Summit 2015 2Novogen to Present at Brain Tumor Biotech Summit 2015 3Novogen to Present at Brain Tumor Biotech Summit 2015 4Novogen to Present at Brain Tumor Biotech Summit 2015 5Regenestem Network and Silvina Pastrana, M.D. Announce the Opening of a New Stem Cell Clinic in Buenos Aires 2Regenestem Network and Silvina Pastrana, M.D. Announce the Opening of a New Stem Cell Clinic in Buenos Aires 3Sangamo BioSciences Announces Presentation At The Jefferies 2015 Global Healthcare Conference 2
... has been written, said, and even adjudicated about peer-to-peer music ... music service promising to legitimize song sharing. Yet Mercora ... 1.5 million people who have downloaded the software since its ... Mercora's IM Radio the IM stands for Individual Modulation ...
... Norlight Telecommunications Inc. plans to ... cable. , ,The company says it operates 3,800 miles ... more later this year. The Illinois expansion plans cover ... near Milwaukee and provides wholesale network access to clients ...
... — Sonic Foundry has made a new version of its ... it has sold 50 units to date and hopes to ... can synchronize a slide show such as a PowerPoint deck ... the presentation online as a webcast. , ,According to company ...
Cached Biology Technology:Mercora gets music sharing right 2Mercora gets music sharing right 3
(Date:5/22/2015)... CT , May 22, 2015  NXT-ID, Inc. (NASDAQ: ... June 1st, it will be ending its promotional pricing and ... . Laurence Savin , Head of Marketing ... exclusive promotional pricing until the end of May. To get ... wocketwallet.com/invite and when we open the store on June 1, ...
(Date:5/21/2015)... May 21, 2015 According ... Market by Solutions (Hardware, Software, Services), by Applications (Surveillance ... others), by End-Users (Military & Defense & Commercial) ... Thermal Imaging Market is expected to grow from ... 2020, at a Compound Annual Growth Rate (CAGR) ...
(Date:5/20/2015)... , May 20, 2015 /PRNewswire/ ... http://www.researchandmarkets.com/research/h8t4x6/5year ) has announced the addition ... the Global Iris Recognition Market"  report ... , ,This research service analyses trends ... the government and commercial sectors, globally. ...
Breaking Biology News(10 mins):NXT-ID, Inc Announces Retail Price For Wocket Smart Wallet And Extends Discounted Promotional Price Till End Of May 2NXT-ID, Inc Announces Retail Price For Wocket Smart Wallet And Extends Discounted Promotional Price Till End Of May 3Thermal Imaging Market Worth $9,998.9 Million by 2020 2Thermal Imaging Market Worth $9,998.9 Million by 2020 3Thermal Imaging Market Worth $9,998.9 Million by 2020 4Global Iris Recognition Market Report 2015 - 5-Year Opportunity Analysis 2
... CRUZ, CA--The Genome 10K Community of Scientists and BGI (formerly ... plan to sequence the genomes of 101 vertebrate species within ... species to be sequenced by the Genome 10K Project. ... to gather specimens of thousands of animals from zoos, museums, ...
... Scientists are calling for radical new approaches to ... Led by the University of East Anglia (UEA), ... Suffolk Biodiversity Partnerships and County Councils, the Brecks Partnership, ... plant and animal species recorded in Breckland a ...
... are picky eaters: More than half of all species are ... -- between birth and adulthood. And a new study by ... Barbara, finds this pattern has major implications for the survival ... With thousands of species facing Earth,s sixth major mass extinction, ...
Cached Biology News:Genome 10K Project announces first 101 species for genome sequencing 2Genome 10K Project announces first 101 species for genome sequencing 3Pioneering study reveals UK biodiversity hotspot 2Pioneering study reveals UK biodiversity hotspot 3Pioneering study reveals UK biodiversity hotspot 4Study: Ecological effects of biodiversity loss underestimated 2