Health & Fitness
Fri, March 25, 2011Thu, March 24, 2011Wed, March 23, 2011Tue, March 22, 2011Mon, March 21, 2011Sun, March 20, 2011Fri, March 18, 2011Thu, March 17, 2011Wed, March 16, 2011Tue, March 15, 2011Mon, March 14, 2011Sun, March 13, 2011Sat, March 12, 2011Fri, March 11, 2011Thu, March 10, 2011Wed, March 9, 2011Tue, March 8, 2011Mon, March 7, 2011Sat, March 5, 2011Fri, March 4, 2011Biomagnetics Begins Miniaturization Process for Biosensor a" Major Step Toward Commercialization
Published in Health and Fitness on Tuesday, March 15th 2011 at 6:05 GMT by Market Wire
SAN FRANCISCO--([ BUSINESS WIRE ])--Biomagnetics Diagnostics Corp., (PINK SHEETS: [ BMGP ]) a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, and other innovative technologies, today announced it has begun the process of miniaturizing the optical biosensor platform developed in cooperation with Los Alamos National Laboratory. The Company has selected Silicon Valley-based Lathrop Engineering to assist in the finalization of the design.
"Once Lathrop has the required documentation, they will submit a budget and timeline of the engineering requirements for both the hand held and laboratory systems of the IOBS unit. This is a major step in commercializing the IOBS system."
On March 16th three engineers from Lathrop Engineering and personnel from Biomagnetics will meet with scientists at Los Alamos National Laboratories. Biomagnetics Diagnostics believes our portable, handheld technology will substantially lower the cost and raise the detection levels of, malaria, tuberculosis, HIV/AIDS and cholera diagnosis throughout the world, potentially saving hundreds of thousands of lives each year.
aThis trip to Los Alamos will involve a complete update on our CRADA agreement, demonstration of our instrument and transfer of all design specs for the IOBS system to Lathrop Engineering,a commented Clayton Hardman, CEO of Biomagnetics. aOnce Lathrop has the required documentation, they will submit a budget and timeline of the engineering requirements for both the hand held and laboratory systems of the IOBS unit. This is a major step in commercializing the IOBS system.a
About Biomagnetics Diagnostics Corp.
Biomagnetics Diagnostics Corporation is currently developing a waveguide-based advanced integrated optical biosensor through its cooperative research and development agreement with Los Alamos National Security, LLC, which will initially be used for cholera, tuberculosis and malaria diagnosis. More information on Biomagnetics Diagnostics Corp. can be seen at [ www.biomagneticsbmgp.com ].
