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

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

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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