What's Hot

    BioNTech and OncoC4 Present Positive Phase 1/2 Data for Antibody Candidate BNT316/ONC-392 in Hard-to-Treat NSCLC at ASCO – BioNTech (NASDAQ:BNTX)

    June 2, 2023

    Frustrated Apple Savings Holders Reportedly Consider Closing Accounts On Money Transfer Delays – Apple (NASDAQ:AAPL), JPMorgan Chase (NYSE:JPM), Goldman Sachs Gr (NYSE:GS)

    June 2, 2023

    The Good News (and Bad) About HP’s Q2

    June 2, 2023
    Facebook Twitter Instagram YouTube LinkedIn TikTok Telegram
    Telegram
    InformatemiInformatemi
    Subscribe
    • Home
    • Blog
    • Contact
    InformatemiInformatemi
    Home » Blog » Fluxergy Acquires Employees, Assets and Licenses Technology from InnaMed, Inc
    Mergers and Acquisitions

    Fluxergy Acquires Employees, Assets and Licenses Technology from InnaMed, Inc

    userBy userMarch 2, 20233 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    IRVINE, Calif. (PRWEB)
    March 02, 2023

    Fluxergy, a medical diagnostic company focused on multiplex, multimodal point-of-care (POC) testing, announced today that it has acquired certain employees and assets and licensed electrochemical biosensing technology from InnaMed, Inc., a Y Combinator-backed biotechnology company.

    InnaMed built a platform for decentralized blood testing through electrochemical biosensor technology with the HomeLab™ device and analysis software. The license of this technology will further expand the Fluxergy platform’s microfluidic portfolio with the incorporation of InnaMed’s electrochemical technology. Currently, the Fluxergy Analyzer utilizes four major sensor and fluidics systems: fluorescence, colorimetry, electrical potentiometry, and imaging cytometry. This allows for seamless integration of InnaMed’s core technology into the architecture of the Fluxergy Analyzer, Test Card, and the Fluxergy Works software platform.

    InnaMed’s technology supports Fluxergy’s goal of developing a rapid basic metabolic panel (BMP). Common biomarkers like glucose, electrolytes, hormones, liver proteins, and cardiac proteins are detectable using electrochemical sensing. This presents new opportunities for assay developers using the Fluxergy’s open platform model, a system which allows partners to integrate custom assays onto Fluxergy’s POC platform while utilizing their scalable manufacturing facilities.

    “Fluxergy envisions giving clinicians, healthcare providers, and laboratory professionals access to as many basic and specialized laboratory tests as possible from a single, decentralized platform; that is why we continue to grow our technological capabilities and detection modalities,” said Fluxergy President Tej Patel. “We are also excited to bring on key members of InnaMed’s talented team as consultants, in addition to its innovative technology, to continue pushing the boundaries of point-of-care.”

    With the addition of the new technologies, Fluxergy plans to expand its detection capabilities to small molecule and clinical chemistries in human health, equine and small animal veterinary medicine, and other industries that can benefit from cost-effective analyte detection.

    About Fluxergy

    Fluxergy is a medical device manufacturing company specializing in point-of-use detection technologies with the goal of making affordable diagnostics accessible in all settings. The Fluxergy Analyzer platform combines the capabilities of many machines into one multimodal system, delivering more affordable laboratory-quality test results and actionable metrics in 60 minutes or less. The core of this system is a highly scalable microfluidic test card which allows for the combined detection of proteins, nucleic acids, small molecules, and cells. Fluxergy’s current test offerings include COVID-19, a human respiratory panel (COVID-19/FluA+B/RSV), Equine EHV-1, and Environmental Salmonella, with thirteen other assays in development.

    For more information, contact:

    Eric Mendonsa, Director of Business Development

    +1 (949) 305-4201 ext. 507

    Emendonsa@fluxergy.com

    ###

    Share article on social media or email:



    Source link

    PRESS RELEASE
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleLescault and Walderman acquires AWCape to deepen Sage Intacct capabilities
    Next Article LatAm Tech Weekly: When Will VC-Backed Tech IPOs Come Back?
    user
    • Website

    Related Posts

    J.S. Held Expands African Market Strategic Advisory with the Acquisition of Africa Matters Limited

    June 1, 2023

    Unbabel Acquires Bablic to Further Transform Translation into High Value Enabler for Global Businesses and Revolutionize Website Translation

    June 1, 2023

    Flourish Research Expands with New Acquisitions in North Carolina and Alabama

    June 1, 2023
    Top Posts

    The Good News (and Bad) About HP’s Q2

    June 2, 2023

    Safety First!! – Autoliv Plans Launch Its First Motorcycle Airbag In 2025 – Autoliv (NYSE:ALV)

    June 2, 2023

    VMware Q1: Earnings Miss, 6% Revenue Growth, New Product Innovations & More – VMware (NYSE:VMW)

    June 2, 2023

    Subscribe to Updates

    Discover hidden stock market gems and stay up to date with our weekly email newsletter and individual stock ideas

    Loading

    Gain access to our Newsletter, SMS Alerts, and Telegram Community for FREE

    Top Insights

    BioNTech and OncoC4 Present Positive Phase 1/2 Data for Antibody Candidate BNT316/ONC-392 in Hard-to-Treat NSCLC at ASCO – BioNTech (NASDAQ:BNTX)

    June 2, 2023

    Frustrated Apple Savings Holders Reportedly Consider Closing Accounts On Money Transfer Delays – Apple (NASDAQ:AAPL), JPMorgan Chase (NYSE:JPM), Goldman Sachs Gr (NYSE:GS)

    June 2, 2023

    The Good News (and Bad) About HP’s Q2

    June 2, 2023
    Get Informed

    Subscribe to Updates

    Discover hidden stock market gems and stay up to date with our weekly email newsletter and individual stock ideas

    Loading
    Facebook Twitter Instagram YouTube LinkedIn TikTok
    • Privacy Policy
    • Disclaimer
    • SMS Squeeze
    • Sign Up
    © 2023 Informatemi

    Type above and press Enter to search. Press Esc to cancel.