SQI Diagnostics Hired by Global Pharmaceutical Company to Develop Two Prototype Multiplex Immunoassays for Evaluation
TORONTO, May 20, 2014 /PRNewswire/ - SQI Diagnostics Inc. (TSX-V: SQD), a life sciences company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics, today announced it is being paid by one of the ten largest pharmaceutical companies in the world to develop and validate two custom multiplex anti-drug-antibody ("ADA") assays. This new customer will evaluate these two products using an established drug from its portfolio in order to assess the capabilities and performance of SQI's technologies.
"This is an important opportunity to establish SQI's capabilities with one of the largest customers in our industry, and highlights the growing interest for our technology and its ability to make drug development faster and more efficient," said Andrew Morris, CEO of SQI Diagnostics. "To date, our customer base includes four of the fifty largest pharmaceutical and biotech companies which have contracted SQI to develop custom assays for evaluation to facilitate their immunogenicity testing."
About SQI Diagnostics
SQI Diagnostics is a life sciences and diagnostics company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics. The Company's proprietary microarray tests and fully-automated systems are designed to simplify protein and antibody testing workflow, increase throughput, reduce costs and provide excellent data quality. For more information, please visit www.sqidiagnostics.com.
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SOURCE SQI Diagnostics Inc.