BioLED Technology Demonstrator to be Presented at Imperial College, London UK
February 15, 2007
Geneva, Switzerland--Acrongenomics,Inc. (OTCBB:AGNM) and Molecular Vision, Ltd (MVL). -- an Imperial Innovations spin-out company -- today announce that a demonstration version of the BioLED Lab On A Chip platform combining MVL's expertise in microfluidics, organic semiconductor diodes and photodetectors will be presented to a selected audience at Imperial College's Bioincubator building, where MVL is situated, on the 8th of March 2007."This is a great achievement for Acrongenomics," said Mr. Plato Tzouvalis, President and COO of Acrongenomics."Our strong support of MLV's innovative technology through our Joint Venture agreement has taken BioLED technology from concept to the realization of a working demonstrator."
Acrongenomics and Molecular Vision focus on providing the medical community and patients, low-cost, easy to use and readily portable POC devices for medical testing that will give accurate diagnosis in minutes.
About Molecular Vision Ltd.
Molecular Vision is a spin-out company of Imperial Innovations Ltd. The company was founded by three Imperial College London researchers -- Prof. Donal Bradley, Prof. Andrew de Mello and Dr. John de Mello -- in 2002 in order to meet a clearly defined demand in the medical diagnostics, biosensors and analytical instrumentations markets: the need for miniaturized chemical and biological detectors offering high sensitivity and functionality at low cost. The company has directly addressed this market demand by inventing a novel method for optical detection based on recent advances in organic electronics and light emitting diodes combined with microfluidics technology. The company has mainly focused on applying its technology to the medical diagnostics markets. Molecular Vision recently signed a major development contract with Acrongenomics Inc. to jointly exploit and commercialise the technology.
About Imperial College London
Consistently rated in the top three UK university institutions, Imperial College London is a world leading science-based university whose reputation for excellence in teaching and research attracts students (11,000) and staff (6,000) of the highest international quality. Innovative research at the College explores the interface between science, medicine, engineering and management and delivers practical solutions that enhance the quality of life and the environment -- underpinned by a dynamic enterprise culture.
About Acrongenomics Inc.
Acrongenomics Inc. is a publicly traded company that focuses on investing in and commercializing novel technology platforms concerning the Life Sciences sector. Acrongenomics brings novel and realistic concepts to market by transforming scientific innovations into tangible, consumer-orientated applications. The company has its headquarters in Geneva, Switzerland.
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