- Handheld
technology platform in development to deliver high sensitivity, laboratory
accuracy testing for cardiac biomarkers at the point of care
- Cardiac
biomarker testing market expected to reach $7.2 billion this year
- Major
potential for the patented technology to be applied to the detection of
numerous other conditions, including cancer, HIV, hepatitis, autoimmune
diseases and many others
With cardiovascular disease being the leading cause of death
globally for both men and women, and one in four Americans dying of heart
disease every year (http://ibn.fm/GD0Ea),
the need for more accurate and faster cardiac diagnostic methods is more than
evident. Health care technology company Zenosense, Inc. (OTCQB: ZENO) aims to
address this issue through the development of transformational medical
diagnostic technology that can offer true laboratory-level accuracy of results
at the point of care.
The company’s flagship product, being developed through
joint venture MIDS Medical Limited (www.MIDSMed.com), is a handheld diagnostic device for
cardiac emergency triage called MIDS Cardiac™. The technology is being
developed for use at the point of care, with the goal of ensuring rapid and
accurate testing of cardiac markers and delivering results that are at least as
accurate and sensitive as laboratory tests.
The MIDS Cardiac technology is predicated on nano-magnetic
detection of assay beads, a new way of cost-effectively and highly sensitively
detecting and measuring diagnostic assays.
Combining patented MIDS nano-magnetic detection technology
with the solid technical expertise of its development team, MIDS Cardiac™ aims
to revolutionize the diagnosis and management of Acute Myocardial Infarction
(AMI). Set to support high sensitivity tests to identify AMI, the technology is
being developed for the rapid detection of very low levels of cardiac markers,
with a primary focus on troponin I and T, within minutes, including single
troponin test results within three minutes and additional biomarkers within
eight minutes. This would provide first responders with a new level of analysis
at the point of care and would save valuable time during the so-called “golden
hour,” when critical treatment is crucial.
MIDS Cardiac is designed to be considerably more
cost-effective than laboratory analyzers and to be used by minimally trained
personnel. Its largely automated operation will require little manual
intervention and expert interpretation of results will not be required.
Zenosense believes that this ease of use and affordability, coupled with
testing speed and accuracy, could help revolutionize cardiac diagnostics and
drive global demand in a multi-billion-dollar market.
The cardiac biomarker testing market is expected to reach
$7.2 billion this year, of which $1.16 billion is to be served by point of care
devices, according to BCC Research (http://ibn.fm/fCVxS). While China is the fastest growing
segment in this market (advancing at a compound annual growth rate of 18.6
percent), the largest regional segment is the United States, which is expected
to reach $3.1 billion this year as a result of the growing point of care
testing market, the development of new congestive heart failure biomarkers and
the approval or new stroke biomarkers.
The MIDS Cardiac device would not only help save countless
lives with its fast and accurate diagnostic process to speed intervention, it
would also help lower the significant financial burden of monitoring and
eliminating suspected AMI cases in the health care system. According to
Zenosense, about 85 percent of patients experiencing chest pain do not actually
have AMI, so correct and timely diagnosis can eliminate the cost of unnecessary
admissions and misdiagnoses, which can amount to billions of dollars per year.
A successful development of MIDS Cardiac is just the first
step in the development of a wider technology platform that could be adapted to
a wide range of point of care immunoassay tests, based on the same concepts of
speed, accuracy, ease of use and cost-effectiveness. Zenosense and MIDS Medical
Limited are planning to use the platform to develop a multi-capability, highly
sensitive point of care device that could test for numerous conditions,
including prostate, colorectal and other cancers, inflammatory and autoimmune
disease, osteoporosis, endocrine ailments, blood infections, respiratory
viruses, meningitis, rheumatism, hepatitis, HIV, chlamydia and many more.
For more information, visit the company’s website at www.Zenosense.com
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