Archer Materials: Develops initial biochip component

Archer Materials Develops initial biochip component

  • Archer Materials (AXE) progresses early-stage assembly of components for its biochip which is being developed to detect communicable diseases
  • The company’s ‘lab-on-a-chip’ technology is being designed to allow analysis of tiny amounts of liquid or gas samples such as saliva, blood and breath
  • Current work is focused on strengthening and expanding nano and micro-fabrication capabilities, which AXE says presents a challenge to commercialising the biochip devices
  • Archer has miniaturised microfluidic channels, marking a step towards developing an aspect of the device needed for future operation of the biochip
  • Shares have been trading 5.6 per cent higher at $1.69
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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