Tuesday, August 25, 2015 8:56:10 PM
CardioGenics' self-metering cartridge is a disposable pre-loaded test cartridge that allows the QL Care™ analyzer to analyze blood samples without the need for an independent metering mechanism, as the cartridge automatically deposits an accurate amount of whole blood necessary for each test into the cartridge's reaction chamber. This allows the QL Care™ analyzer to provide at the point-of-care quantitative test results of laboratory quality. Point-of-care analyzers that do not utilize self-metering cartridges must instead utilize manual metering of the blood samples, or rely on passive fluid movements, both of which are time-consuming, sometimes inaccurate and add to testing costs.
The self-metering cartridge will be used for all tests on the QL Care™ analyzer, including the Company's upcoming Troponin-I test, which addresses a $600+ million testing market, as well as the Company's planned heart failure tests, which address a $1+ billion testing market.
Dr. Yahia Gawad, Chief Executive Officer of CardioGenics, commented, "We are very pleased that Plasticap will be a manufacturer of the self-metering cartridge for our QL Care™ analyzer. Plasticap has excellent precision manufacturing capabilities and we look forward to working with them."
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