Atomo Diagnostics Limited (ASX: AT1) announces the reception of an AU$2.44 million Cooperative Research Centres Projects grant to lead the development of a revolutionary rapid test for active syphilis diagnosis. This grant follows extensive collaboration between Atomo and the Burnet Institute on a user-friendly solution to address this unmet clinical need.
Atomo will take charge of the project in partnership with the Burnet Institute and IDE Group, pooling their expertise. The unique test, designed for professional point-of-care use and at-home self-testing, combines Atomo’s proven integrated Pascal cassette with a small finger prick blood sample and a unique syphilis antibody assay developed by the Burnet Institute. This assay is capable of distinguishing active infections from previously treated cases. This pioneering rapid test solution will be the first in the global market. Existing rapid syphilis tests only detect antibodies present in both active infections and previously treated diseases.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
