Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Trinity Diagnostics and NVA to Develop Rapid Meningococcal Test

Prototype meningococcal testing device developed by Quintain NS
Prototype meningococcal testing device developed by Quintain NS

Abstract:
Australian nanotechnology firm NanoVentures Australia (NVA) has reached agreement with New Zealand biotechnology firm Trinity Diagnostics for joint development of its proprietary technology for rapid detection of meningococcal disease.

Trinity Diagnostics and NVA to Develop Rapid Meningococcal Test

Australia | Posted on April 27th, 2009

The Agreement, signed on 27th April 2009, provides Trinity Diagnostics with an exclusive license to the technology, and commits Trinity to invest in the laboratory verification of the diagnostic system. If this phase is successful, the parties will enter into a full development agreement funded by Trinity and its investors. It is anticipated that the pre-clinical program will take around two years.

Trinity Diagnostics is a subsidiary of Trinity Bioactives Limited. Trinity Bioactives was formed in 2008 and purchased Bioactivity Investigation Group (BIG) of the Otago University Medical School on the Wellington School of Medicine Campus. BIG was formed in 1994, and has delivered a range of diagnostic services serving a client base across New Zealand and Australia stretching to Japan, Korea and the USA. Trinity's key staff have worked in biotechnology developments for 30 years or more.

Trinity Diagnostics has been set up specifically to leverage the core in vitro capabilities of Trinity Bioactives for entry into the molecular and immunoassay diagnostic markets. NVA and Trinity have agreed to work together to develop and commercialise rapid diagnostic solutions for infectious diseases commencing with the rapid detection of meningococcal disease.

Meningococcal disease affects over 800 people in Australia and New Zealand each year. The fatality rate for those infected with Meningococcal disease is close to 10%, with death often occurring within 12 hours, and around 20% of those infected will have permanent disabilities. The incidence of death and disability resulting from meningococcal disease may be significantly reduced by rapid diagnosis, enabling antibiotic treatment at an earlier stage of disease progression.

The currently available tests take between 2 and 48 hours, and often involve culturing either blood or cerebrospinal fluid to detect the presence of meningococcal bacteria.

Nanotechnology exploits phenomena characteristic of materials at a scale of one billionth of a meter. Nanotechnology is likely to revolutionize the medical diagnostics and therapeutics industries over coming decades.

The new diagnostic test has been developed by Quintain NS, a subsidiary of NVA. The Quintain NS meningococcal test is based on nanoparticle and nanocluster technology developed at RMIT University, one of Australia's leading bioengineering centres. Nanoparticles of gold are covered with antibodies that attract the meningococcal bacteria. In the presence of the bacteria, the gold particles Ďcluster' together, which provides a simple and rapid means of detection for the disease. Preliminary testing under laboratory conditions has indicated that a diagnosis can be returned in 15 minutes.

NVA CEO Dr Peter Binks commented: "We are delighted to establish this partnership with Trinity, and excited about the potential to bring this important diagnostic to market. The Trinity team bring outstanding molecular and immunoassay diagnostic experience and skills. Over the past three months we have worked closely with the Trinity team, and been impressed with their rigor and commitment."

Trinity Diagnostics CEO Geoff Todd commented: "The market for the new product is large. The World Health Organization estimates that 1.2m cases of bacterial meningitis occur every year around the world. Of these 135,000 are fatal. This product will both save lives and establish Trinity Diagnostics as a global diagnostics company."

Laboratory verification work on the diagnostic has already commenced, supported by teams at key institutions in New Zealand and Australia.

The agreement with Trinity is the first major commercialisation outcome for NVA, which was established in February 2009. NVA has a portfolio of other technologies being positioned for commercial development, in medical therapeutics, diagnostics, advanced materials and water analysis and purification. NVA commercialises nanotechnologies developed by Nanotechnology Victoria Ltd ("NanoVic"), the Victorian Government funded nanotechnology accelerator which operated from 2002 to 2009.

####

About NanoVentures Australia (NVA)
NanoVentures Australiaís initial task is to commercialise the technologies developed under Nanotechnology Victoria Ltdís NanoVicís project agreements over the last six years.

It will seek to raise funds to commercialise these technologies, and is able to enter commercial arrangements which were not feasible under NanoVicís corporate structure. It will also continue some of the industry development conducted in NanoVic since 2003.

NVA has a small grant from the Victorian government to enable the transition, and has recruited the NanoVic team and taken over its offices at Chester St, Oakleigh. NVA will not be investing in research projects, but as an independent commercial entity, NVA can be a partner in applications to State and Commonwealth funding pools, such as ARC, NH&MRC, Climate Ready and the VSA.

For more information, please click here

Contacts:
Dr Jeanette Pritchard

or
Mr Geoff Todd

Copyright © NanoVentures Australia (NVA)

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Creation of coherent states in molecules by incoherent electrons October 21st, 2017

Novel 'converter' heralds breakthrough in ultra-fast data processing at nanoscale: Invention bagged four patents and could potentially make microprocessor chips work 1,000 times faster October 20th, 2017

Strange but true: turning a material upside down can sometimes make it softer October 20th, 2017

Leti Coordinating Project to Develop Innovative Drivetrains for 3rd-generation Electric Vehicles: CEA Techís Contribution Includes Litenís Knowhow in Magnetic Materials and Simulation And Letiís Expertise in Wide-bandgap Semiconductors October 20th, 2017

Nanomedicine

Spinning strands hint at folding dynamics: Rice University lab uses magnetic beads to model microscopic proteins, polymers October 17th, 2017

Arrowhead Pharmaceuticals to Present Preclinical Data on ARO-AAT at The Liver Meeting(R) October 10th, 2017

Arrowhead to Present at Chardan Gene Therapy Conference October 3rd, 2017

'CRISPR-Gold' fixes Duchenne muscular dystrophy mutation in mice October 3rd, 2017

Announcements

Creation of coherent states in molecules by incoherent electrons October 21st, 2017

Novel 'converter' heralds breakthrough in ultra-fast data processing at nanoscale: Invention bagged four patents and could potentially make microprocessor chips work 1,000 times faster October 20th, 2017

Strange but true: turning a material upside down can sometimes make it softer October 20th, 2017

Leti Coordinating Project to Develop Innovative Drivetrains for 3rd-generation Electric Vehicles: CEA Techís Contribution Includes Litenís Knowhow in Magnetic Materials and Simulation And Letiís Expertise in Wide-bandgap Semiconductors October 20th, 2017

Patents/IP/Tech Transfer/Licensing

Novel 'converter' heralds breakthrough in ultra-fast data processing at nanoscale: Invention bagged four patents and could potentially make microprocessor chips work 1,000 times faster October 20th, 2017

Nanoparticles limit damage in spinal cord injury: Injection after an injury reduces inflammation and scarring September 6th, 2017

More durable, less expensive fuel cells: University of Delaware researchers have developed a new technology that could speed up the commercialization of fuel cell vehicles September 5th, 2017

Argonne National Laboratoryís Continuous ALD Technology Licensed Exclusively to Forge Nano July 7th, 2017

Alliances/Trade associations/Partnerships/Distributorships

Leti Coordinating Project to Develop Innovative Drivetrains for 3rd-generation Electric Vehicles: CEA Techís Contribution Includes Litenís Knowhow in Magnetic Materials and Simulation And Letiís Expertise in Wide-bandgap Semiconductors October 20th, 2017

More 22 of 59,885 Print all In new window Leti to Present Update of CoolCube/3DVLSI Technologies Development at 2017 IEEE S3S: Future Developments and Tape-Out Vehicles to Be Presented during Oct. 17 Workshop October 12th, 2017

Quorum announces new customer support and demonstration facilities for users worldwide October 10th, 2017

GLOBALFOUNDRIES and Soitec Enter Into Long-term Supply Agreement on FD-SOI Wafers: Strategic milestone to help guarantee a secure, high-volume supply of FD-SOI technology September 20th, 2017

Research partnerships

Novel 'converter' heralds breakthrough in ultra-fast data processing at nanoscale: Invention bagged four patents and could potentially make microprocessor chips work 1,000 times faster October 20th, 2017

Strange but true: turning a material upside down can sometimes make it softer October 20th, 2017

Leti Coordinating Project to Develop Innovative Drivetrains for 3rd-generation Electric Vehicles: CEA Techís Contribution Includes Litenís Knowhow in Magnetic Materials and Simulation And Letiís Expertise in Wide-bandgap Semiconductors October 20th, 2017

Bringing the atomic world into full color: Researchers turn atomic force microscope measurements into color images October 19th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project