Dyamed licenses MicroKit ‘lab-in-cartridge’ for early diagnosis

January 15, 2009: Rapid, easy and affordable tests for cancer, avian flu and other infectious diseases move a step closer as Dyamed Biotech Pte Ltd licenses an all-in-one automated diagnostic system.

The system, called MicroKit, is a “lab-in-a-cartridge” licensed from the Institute of Bioengineering and Nanotechnology in Singapore. As part of its agreement with Exploit Technologies Pte Ltd (ETPL) — the A*STAR commercialization arm — Dyamed will set up a spin-off company to develop and produce a range of new diagnostic products.

Dyamed was expected to sign the licensing agreement with ETPL for IBN’s MicroKit technologies at the Start-Up @ Singapore Technopreneur’s Bootcamp in Biopolis.

The company was established by Theodore and Rose Tan in 1998 to distribute quality medical diagnostic devices in Asia Pacific. Dyamed will spin off SG Molecular Diagnostics to develop a range of diagnostic devices based on the MicroKit. The company expects to roll out a molecular diagnostic real-time PCR platform called ‘MicroKit AIO’ as its first product for the global market by 2010.


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