IISc Startup Equine Biotech Develops Affordable COVID-19 Diagnostic Kit, Gets ICMR Nod
Finshorts | Published on 28th Sept, 2020 | 1 min read
The GlobalTM diagnostic kit, developed by Bengaluru-based Equine Biotech, got approval from the Indian Council of Medical Research to join the list of made-in-India diagnostic test kits for Covid-19. The kit uses the Reverse Transcriptase Polymerase Chain Reaction method of testing. “Our startup has been working on testing for coronavirus infections for many years, even before the COVID-19 pandemic started. This experience has helped us engineer the kit for COVID-19,” said Tatu. This “Sensitive, rapid, and affordable COVID-19 diagnostic kit” is easy to use with 100 percent specificity, meaning there are no false negatives, according to the start-up. The test kit shows results relatively faster than those available in the market, IISc said in a statement. “Equine Biotech is looking to licence the above kit for large scale manufacturing and sale,” the statement added. “The agreement would involve tech transfer and support in manufacturing of kits. We are looking at med-tech companies with experience in distribution and marketing of diagnostic kits,” it further added.
