BioDtech Signs Worldwide Licensing Agreement for New Technology to Quickly Detect & Remove Bacterial Toxins; Potential Impact on Healthcare, Hygiene, Homeland Security & Bacterial Warfare.NASHVILLE, Tenn. -- National University of Singapore The National University of Singapore (Abbreviation: NUS) is Singapore's oldest university. It is the largest university in the country in terms of student enrollment and curriculum offered. Grants Exclusive Agreement to Nashville Firm; Singapore Scientists Traveling to Nashville to Support Launch BioDtech, Inc. has announced its exclusive worldwide agreement with the National University of Singapore (NUS) for the use and further development of new technology that will quickly detect, neutralize and remove endotoxin Endotoxin A biologically active substance produced by bacteria and consisting of lipopolysaccharide, a complex macromolecule containing a polysaccharide covalently linked to a unique lipid structure, termed lipid A. . Endotoxin is a potent fever producing compound associated with the physiological symptoms of bacterial infections which cost the healthcare industry over $17 billion annually. BioDtech officials point out that this exceptional new technology will have very important advantages over current methods: it is more specific in its detection of endotoxin, and greatly reduces false-negative or false-positive readings. In addition, it reads information at a faster rate than current technologies which are more time consuming to operate, costly to purchase, and require extensive training to operate. This technology could also assist in the rapid detection of bacteria such as E.coli and Salmonella, quickly detect endotoxin in the home attributed to respiratory disease Noun 1. respiratory disease - a disease affecting the respiratory system respiratory disorder, respiratory illness adult respiratory distress syndrome, ARDS, wet lung, white lung - acute lung injury characterized by coughing and rales; inflammation of the , and in the workplace. The National Institute of Occupational Health and Safety may establish and regulate acceptable levels of endotoxin for the workplace in the near future. With the ever present threat of terrorism, officials say this technology could become a major asset in the detection of bacteria used in biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. warfare. Currently, the Food and Drug Administration requires that all injectable in·ject·a·ble adj. Capable of being injected. Used of a drug. n. A drug or medicine that can be injected. drugs and implantable medical devices be measured for endotoxin. In hospital emergency rooms, this rapid, user-friendly endotoxin measurement technology could facilitate early diagnosis of Sepsis, thus greatly improve on the current 28 percent death rate. Sepsis is a syndrome characterized by an overwhelming systemic response to infection, which can rapidly lead to organ dysfunction and ultimately death. Severe Sepsis severe sepsis A condition defined clinically as 'Sepsis associated with organ dysfunction, hypotension, or hypoperfusion abnormalities (which include) …lactic acidosis, oliguria, or an acute alteration in mental status strikes hard and takes lives quickly. More than 750,000 cases of severe sepsis occur annually in the U.S. causing the death of 215,000 people. The hospital cost of treating patients with severe sepsis in the U.S. is approximately $17 billion each year. In addition, BioDtech will investigate the use of its technology to treat microbial microbial pertaining to or emanating from a microbe. microbial digestion the breakdown of organic material, especially feedstuffs, by microbial organisms. infections associated with Cystic Fibrosis cystic fibrosis (sĭs`tĭk fībrō`sĭs), inherited disorder of the exocrine glands (see gland), affecting children and young people; median survival is 25 years in females and 30 years in males. and AIDS. "We are very excited to be licensing partners with NUS, helping to advance our company's detection platform," said Michael Pepe, Ph.D., President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BioDtech. "This licensing agreement will allow us to develop novel products for medical, diagnostic and industrial uses. Our products will permit the direct detection and identification of biological toxins, resulting in faster, simpler and more accurate measurements. Future applications of this promising technology range from other infectious disease Infectious disease A pathological condition spread among biological species. Infectious diseases, although varied in their effects, are always associated with viruses, bacteria, fungi, protozoa, multicellular parasites and aberrant proteins known as prions. detection to possible applications for Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States . "I anticipate that BioDtech will pursue a vigorous research and development program that will move the invention from a prototype to production phase within three to six months," said Dr. Pepe. "When delivered these products will be an enhancement to those currently available in the marketplace". Technology transfer officers at NUS' Industry & Technology Relations Office are highly pleased that BioDtech recognizes this high-growth opportunity in the endotoxin detection, removal and neutralization neutralization, chemical reaction, according to the Arrhenius theory of acids and bases, in which a water solution of acid is mixed with a water solution of base to form a salt and water; this reaction is complete only if the resulting solution has neither acidic nor markets. Commenting on the licensing agreement, Professor Jacob Phang, CEO of NUS Enterprise and Director of INTRO, said: "NUS is home to many world-class research groups. Professors Ding Jeak Ling and Ho Bow repeatedly prove that University research can be used for real world applications. INTRO constantly seeks opportunities to work with interested parties to commercialize University research results to address the needs of society and benefit the community." The NUS scientists who invented the technology will travel to Nashville to attend a BioDtech investor reception later this month. About BioDtech, Inc. BioDtech is an exciting biotechnology company currently developing a set of products initially targeted to the research and bioprocess bi·o·proc·ess n. 1. A technique that produces a biological material, such as a genetically engineered microbial strain, for commercial use. 2. markets. A detection device utilizing some of these products is in development. These products will add value across a broad range of industrial and medical applications where high quality, rapid quantitative and qualitative results are required. Founded in 2003, BioDtech is located in Nashville, Tennessee. For additional information, please visit www.biodtechinc.com or email info@biodtechinc.com. About NUS Enterprise In support of the National University of Singapore's (NUS) drive towards becoming a leading entrepreneurial university, the NUS Enterprise Cluster was set up to inject an enterprise dimension to NUS teaching and research involving NUS students, staff and alumni. NUS Enterprise is also the University's Free Enterprise Zone where innovation and creativity are freed from traditional rules, allowing greater flexibility and faster response. NUS Enterprise aims to provide entrepreneurship education and nurture talents with a global mindset mind·set or mind-set n. 1. A fixed mental attitude or disposition that predetermines a person's responses to and interpretations of situations. 2. An inclination or a habit. ; identify, protect and commercialize intellectual property; nurture NUS spin-offs and start-ups; foster industrial collaboration; and facilitate the dissemination of NUS knowledge to the external community. Units of the NUS Enterprise Cluster are the NUS Overseas Colleges, NUS Entrepreneurship Centre, NUS Industry & Technology Relations Office, NUS Venture Support, NUS Consulting, NUS Extension and NUS Publishing. Please refer to http://www.enterprise.nus.edu.sg for more details. |
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