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Universal Biosensors: Signs deal with IQ Science to commercialise COVID-19 test | Fintech InShorts: Latest fintech news, analysis by experts

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Universal Biosensors: Signs deal with IQ Science to commercialise COVID-19 test

By Steve Sam

December 22, 2021

Universal Biosensors Signs deal with IQ Science to commercialise COVID-19 test

Universal Biosensors (UBI) has entered into a global exclusive licence agreement with IQ Science for commercialisation of a SARS-CoV-2 N-Protein detection test
The COVID-19 test will utilise UBI’s proprietary electrochemical strip and device technology designed to provide a result within 30 seconds from a small saliva sample
UBI’s test method also has the potential to measure the relative viral load associated with a patient’s infection status
UBI has been working with Dr Shalen Kumar of IQ Science for six months on the aptamer technology and the performance quality of IQ science products
UniversalBiosensors shares are up 3.98 per cent to trade at 92 cents at 1:11 pm AEDT

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