QuantuMDx Looks to Crowdfunding to Fund Handheld Medical Lab

QuantuMDx-Group-logoBritish biotech firm QuantuMDx is prepping to launch a crowdfunding campaign to support development and clinical trials of our handheld DNA sequencer described as a handheld lab. This device is said to diagnose infectious disease in under 15 minutes, tell a healthworker exactly which drug will tackle that strain of disease, and save millions of lives. The company wants to put their device to work tackling malaria, a disease which kills a child every minute.  

elaine-warburtonCEO Elaine Warburton OBE said

“Our crowdfunding campaign is unique. Not only are we looking for contributors to support this phenomenally worthy cause to help save many hundreds if not thousands of children’s lives, but we’re also offering everyone the chance to leave a lasting legacy in the fight against malaria by contributing their winning ideas to the look and feel of our device and to take part in re-naming it from the current research name of Q-POC. Who knows, perhaps we’ll find the next Jonathan Ive? ” 

QuantuMDx-devicesThe UK biotech company is developing a low cost, simple-to-use, handheld laboratory for commercialisation in 2015. The device, which reads and sequences DNA and converts it into binary code using a tiny computer chip, is ideally suited to help address the humanitarian health burden by offering molecular diagnostics at a fraction of the price of traditional testing.  Rapidly & accurately detecting and monitoring emerging drug resistance of infectious diseases such as malaria, TB and HIV will enable health professionals to immediately prescribe the most effective drug against that disease.

The company expects to launch crowdfunding on Indiegogo on February 12, 2014.

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