About the companyToday, ensuring a fast diagnosis of the high number of patients to avoid transmission is critical. Unfortunately, diagnoses are highly time-consuming and hard to get for people in more remote areas. In fact, most accurate diagnostics require drawing blood, sample preparation & lab work. This can result in a long time between testing & treatment. It also means patients cannot be followed-up at home and that carrying out fast & accurate testing in the field is very difficult.
miDiagnostics' inception year
KOIS investment year
Targets patients and medical professionals
creating a Diagnostic test useable anywhere, by anyone
miDiagnostics spun out of the world-leading R&D and innovation hub in nanoelectronics and digital technologies, imec. It is also a research collaboration with Johns Hopkins University, the leading US research and medical centre. miDiagnostics’ mission is to develop a diagnostic test useable anywhere & by anyone, from the best hospitals to the most remote villages in developing countries.
By using silicon chip technology, they will bring miniaturized, rapid, easy-to-use, lab-quality tests. These will have built-in connectivity directly to the patient and clinician.
Their product will allow users to easily test blood & obtain results within minutes. Patients will pinch their finger to draw drops of blood which are then placed on the testcard and processed by the silicon chip. The reader analyses the processed sample with results shown in less than 15 minutes. This renders possible the quick testing of patients in doctor’s offices, at home and in the field. It also means patients receive treatment faster. Finally, it allows doctors to follow-up on the effectiveness & progression of care remotely. miDiagnostics is developing this technology for an extensive range of health conditions, including infectious diseases.
In 2020, KOIS invested in miDiagnostics because we believe such companies will make the difference and help tackle the limitations highlighted by the COVID-19 crisis. Innovations like this one are what will make us ready for the next epidemic. They also help improve and create a more patient-centric decentralized healthcare system for all.
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