Spectral Diagnostics deal

DIAGF and the Toronto Hospital will collaborate to develop a rapid diagnostic for septic shock. DIAGF (Toronto) believes that the industry will be better prepared to generate products with therapeutic potential against sepsis, once the disease has been properly diagnosed."There are different stages of sepsis, and you have patients receiving therapies that may not be appropriate," George Jackowski, president and chief technical officer, said.

The parties will develop a test using enhanced chemical luminescence with a monoclonal antibody specific to a sepsis endotoxin. DIAGF's test will take fifteen minutes to determine whether the patient has gram negative or gram positive sepsis. DIAGF said the current cell culture test takes 12 hours to 3 days. ...