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November 4, 2020

Coronavirus company news summary – Truvian’s antibody tested validated in study – Novarad launches free Covid-19 AI diagnostic tool

By Chris Lo

A University of Chicago research study has validated the performance and accuracy of Truvian Sciences’ easy check Covid-19 IgM/IgG™ antibody test. The clinical study carried out by the researchers found high overall accuracy rates for SARS-CoV-2 virus antibody detection.

OraSure Technologies, a point-of-care diagnostic tests provider, announced that its subsidiary DNA Genotek has received emergency use authorisation (EUA) from the US Food and Drug Administration (FDA) for its ORAcollect®·RNA saliva collection device for collecting, stabilising and transporting saliva samples containing SARS-CoV-2 RNA.

Novarad, a transformative imaging technologies company, has launched a new Covid-19 artificial intelligence (AI) diagnostic tool to advance Covid-19 diagnosis worldwide at no cost. The diagnostic assistant was developed in collaboration with Intel Corp., leveraging Microsoft Azure’s cloud computing service to detect Covid-19 from CT scans. It is able to deliver results in seconds, coupled with information on lung conditions.

Assay Genie, a Dublin-based company, stated that it is close to launching a rapid Covid-19 antigen test that will be available in pharmacies. The company intends to sell the antigen tests at a cost of between $17 and $29, which is seven times cheaper than other tests available in the market. The test delivers results in 15 minutes with an accuracy rate between 92% and 98%.

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