The investment was led by Genome BC and Boardwalk Ventures Inc. and includes funding from Tower Beach Capital Ltd., Coleco Investments, and Quimby Investments Ltd.
ThromboLUX, a non-invasive, rapid, easy-to-use optical test, does not require dilution. It relies on the principle of dynamic light scattering to determine the size and distribution of all particles in a platelet sample.
The technology is based on the premise that healthcare providers need to get the right bag to the right patient at the right time.
Activated platelets are optimal for clotting and therefore most effective for trauma or surgery patients. Non-activated platelets are optimal for cancer patients.
The current standard of care assumes all platelet bags are the same; however, up to 50% of a platelet bag inventory may be activated.
When activated platelets are given to immunocompromised patients, such as those with cancer, it could potentially lead to failed transfusions.
Multiple failed transfusions result in platelet refractoriness, which can ultimately lead to death.
LightIntegra Technology is a privately funded medical diagnostics company launched from the Canadian Blood Services R and D labs through the efforts of research scientist Dr. Elisabeth Maurer.
LightIntegra's efforts to minimize platelet refractoriness have resulted in the introduction of ThromboLUX, a rapid in-vitro test that assesses platelet activation status.
As a routine test for platelet concentrates, ThromboLUX identifies which platelet units may be best suited for prophylaxis and which units may be best suited for therapeutic use.
Diamyd Medical agrees accelerated efficacy readout in ongoing Phase 3 type 1 diabetes trial
INOVIO's INO-3107 Biologics License Application accepted by US FDA
ABL Bio receives upfront payment and equity investment from Eli Lilly
CARsgen Therapeutics submits two IND applications for CT0596 to Chinese regulator
Repare Therapeutics sells RP-3467 asset to Gilead Sciences for up to USD30m
Sanofi agrees USD2.2bn acquisition of Dynavax to strengthen adult vaccine portfolio
Sanofi and Regeneron's Dupixent gains Japan approval for paediatric asthma patients aged 6 to 11
Aqualung Therapeutics' Phase 2a lung fibrosis study approved by US FDA
NeuroSense Therapeutics completes safety evaluation of PrimeC in Alzheimer's Phase 2 study
BrioHealth Solutions enrols 100th participant in BrioVAD System trial
Faron launches BLAZE trial with Institute of Cancer Research to address immunotherapy resistance
AstraZeneca secures US Breakthrough status for Enhertu in early breast cancer
Ipsen licenses Simcere Zaiming antibody-drug conjugate for global development