UBI gets first test-strip order from Siemens
Universal Biosensors (ASX:UBI) has received its first commercial order from Siemens Healthcare Diagnostics for the supply of test strips for a point-of-care coagulation testing product.
The order for the production and supply of PT-INR test strips is a key milestone in the two companies’ collaboration to develop handheld coagulation testing devices.
The Siemens PT-INR testing system is designed to monitor the application of anti-coagulant therapy Warfarin. Pending regulatory approvals, the system is on track to launch by the end of the third quarter.
Universal Biosensors will manufacture the PT-INR strips for the order at its Rowville, Victoria, plant.
The company’s collaboration with Siemens involves the development of three point-of-care testing products designed to provide laboratory-quality results.
“The receipt of this first commercial order is a major step forward in our program with Siemens towards our shared vision for bringing a range of new products to the point-of-care coagulation testing market,” Universal Biosensors CEO Paul Wright commented.
Universal Biosensors (ASX:UBI) shares were trading 23.08% higher at $0.24 as of around 1.30 pm on Tuesday.
Bio-inspired robotic bird has stable flight in its sights
The nankeen kestrel is among the most stable fliers in the avian world. Using motion capture...
Protecting particles that carry mRNA in dry vaccine patches
Combining expertise from RMIT University, MIT and Harvard Medical School, scientists set out to...
Copper drug clears Alzheimer's proteins — lab experiments reveal
A drug that delivers copper to the brain has been found to significantly reduce Alzheimer's...
