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8:17a ET 11/2/2021 - Globe Newswire
LexaGene Receives 2021 BioTech Breakthrough Award
Mentioned: LXXGF
LexaGene Holdings, Inc., (OTCQB: LXXGF; TSX-V: LXG) ("LexaGene" or the "Company"), a molecular diagnostics company that has commercialized an instrument for automated multiplex PCR testing for veterinary diagnostics, today announced it was named the 2021 BioTech Breakthrough Molecular Diagnostics Solution of the Year.
The BioTech Breakthrough Award selection committee performs a comprehensive evaluation of life sciences and biotechnogly tools, services, and companies identifying innovative and standout technology that will improve the world. Award winners rise above their competitors and are considered stand out technology in a crowded market across many sectors. The program is open to all individuals or companies involved in producing publicly available products and services. Featured winners cross multiple categories, including but are not limited to biopharma, therapeutics, genomics, immunology, bioagriculture, and bioindustrial. Judges represented a mix of technology, business, academic, and marketing expertise within the industry.
Dr. Jack Regan, CEO and Founder of LexaGene stated, "We continue to make great strides in building our brand as we break through a crowded biotechnology market with our MiQLab(TM) System. This award is specifically focused on the concept of innovation, performance, functionality, value, and impact. I'm very proud of the strides we've made as we build a product that is like no other in the market. Our one-of-kind technology quickly and accurately diagnoses infections and detects drug resistance allowing for effective early treatment."
He continued, "In just five short years, we've gone from a concept on paper to a commercialized product. Recognition like the one received from BioTech Breakthrough and the recently announced opportunity to be a Best in Show Spotlight company at the upcoming 47 Petcare Innovation Summit, reinforces to me, our Board, and our employees, that we have a cutting edge technology that will impact multiple markets."
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