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Pharma & Biotech

BioPorto issues update on pipeline for its gRAD technology

The company said it is supporting Rigshospitalet (RH), Copenhagen, with quantitative thrombomodulin tests based on its generic Rapid Assay Device (gRAD) technology

BioPorto (NASDAQ COPENHAG:BIOPOR) A/S has said it is supporting Rigshospitalet (RH (NYSE:RH)), Copenhagen, with quantitative thrombomodulin tests based on its generic Rapid Assay Device (gRAD) technology.

RH (NYSE:RH) is investigating the potential for thrombomodulin blood levels to be used as a marker in patients with sepsis to indicate who could benefit from treatment with the drug prostacyclin. It is currently summarizing findings from its feasibility study and plans to publish the results after completing its assessment.

BioPorto (NASDAQ COPENHAG:BIOPOR) said it is also using the gRAD platform in a feasibility study to detect SARS-CoV-2, the virus that causes coronavirus (COVID-19).

READ: BioPorto A/S reports that its biomarker test was used in research study for seriously ill coronavirus patients

As results from the previous data collection were not conclusive, BioPorto (NASDAQ COPENHAG:BIOPOR) is extending the feasibility study into 2022, including expanding the study to include the omicron SARS-CoV-2 variant.

BioPorto is an in-vitro diagnostics company that provides tests and antibodies to clinicians and researchers around the world.

The company uses its antibody and assay expertise to transform novel research tools into clinically actionable biomarkers that can make a difference in patients’ lives.

BioPorto is headquartered in Hellerup, Denmark and is listed on the NASDAQ Copenhagen stock exchange.

Contact the author at jon.hopkins@proactiveinvestors.com

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