Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


DHgate

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 ‘cluster' 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 Australia’s initial task is to commercialise the technologies developed under Nanotechnology Victoria Ltd’s NanoVic’s 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 NanoVic’s 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

CWRU researchers efficiently charge a lithium-ion battery with solar cell: Coupling with perovskite solar cell holds potential for cleaner cars and more August 27th, 2015

Successful boron-doping of graphene nanoribbon August 27th, 2015

Nanolab Technologies LEAPS Forward with High-Performance Analysis Services to the World: Nanolab Orders Advanced Local Electrode Atom Probe (LEAP®) Microscope from CAMECA Unit of AMETEK Materials Analysis Division August 27th, 2015

National Space Society Welcomes Janet Ivey As New NSS Governor: Janet Ivey of Janet's Planet is NOW IN ORBIT as a member of the Board of Governors of the National Space Society August 27th, 2015

Nanomedicine

These microscopic fish are 3-D-printed to do more than swim: Researchers demonstrate a novel method to build microscopic robots with complex shapes and functionalities August 26th, 2015

Glitter from silver lights up Alzheimer's dark secrets August 25th, 2015

Cervical cancer detection goes portable August 25th, 2015

Antibacterial Nanocomposite Prevents Transmission of Infectious Diseases August 24th, 2015

Announcements

CWRU researchers efficiently charge a lithium-ion battery with solar cell: Coupling with perovskite solar cell holds potential for cleaner cars and more August 27th, 2015

Successful boron-doping of graphene nanoribbon August 27th, 2015

Nanolab Technologies LEAPS Forward with High-Performance Analysis Services to the World: Nanolab Orders Advanced Local Electrode Atom Probe (LEAP®) Microscope from CAMECA Unit of AMETEK Materials Analysis Division August 27th, 2015

National Space Society Welcomes Janet Ivey As New NSS Governor: Janet Ivey of Janet's Planet is NOW IN ORBIT as a member of the Board of Governors of the National Space Society August 27th, 2015

Patents/IP/Tech Transfer/Licensing

Developing Component Scale Composites Using Nanocarbons August 26th, 2015

Industrial Nanotech, Inc. Provides Update On Hospital Project, PCAOB Audit, and New Heat Shield™ Line August 24th, 2015

Revolutionary MIT-Developed Nanotechnology Company Showcases at CAMX in Dallas August 20th, 2015

'Quantum dot' technology may help light the future August 19th, 2015

Alliances/Trade associations/Partnerships/Distributorships

National Space Society Welcomes Janet Ivey As New NSS Governor: Janet Ivey of Janet's Planet is NOW IN ORBIT as a member of the Board of Governors of the National Space Society August 27th, 2015

National Space Society Welcomes Geoff Notkin As New NSS Governor August 26th, 2015

XEI Scientific appoints EM Resolutions as Distributor for the UK & Irish markets August 11th, 2015

Omni Nano and Time Warner Cable Partner to Provide Nanotechnology Education to the Boys & Girls Clubs of Los Angeles: A $10,000 Donation to Benefit Youth of Los Angeles County's Boys & Girls Clubs August 4th, 2015

Research partnerships

Announcing Oxford Instruments and School of Physics signing a Memorandum of Understanding August 26th, 2015

Researchers combine disciplines, computational programs to determine atomic structure August 26th, 2015

Developing Component Scale Composites Using Nanocarbons August 26th, 2015

Glitter from silver lights up Alzheimer's dark secrets August 25th, 2015

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







Car Brands
Buy website traffic