Source: Benzinga

AvantGen: AvantGen Awarded Contract from NIH to Expedite the Commercialization of Its AccuRate COVID-19 SelfCheck OTC Test

San Diego, CA March 09, 2022 --(PR.com)-- AvantGen, a San Diego-based biotechnology company with a superior yeast display technology for facile antibody discovery and optimization, has entered the National Institutes of Health (NIH) Rapid Acceleration of Diagnostics (RADx®) Tech program to expedite the commercialization of its sensitive AccuRate COVID-19 SelfCheck Over-the-Counter (OTC) test. Applying their robust antibody discovery platform, AvantGen identified a panel of ultra-performing high affinity and specificity monoclonal antibodies against the nucleocapsid protein (N protein) of SARS-CoV-2. They developed a lateral flow rapid antigen test using these antibodies. The prototype was shown to exhibit ultra-high sensitivity and specificity in analytical studies. In studies supported by RADx, the Limit of Detection (LoD), a key factor for test sensitivity, was determined to be 70 TCID50/mL. The TCID50/mL is the median (50%) Tissue Culture Infectious Dose (TCID50) per microliter (mL), often used to quantify virus titers in order to determine how many virus particles ...Full story available on Benzinga.com

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Est. Annual Revenue
$100K-5.0M
Est. Employees
25-100
Xiaomin Fan's photo - Founder of AvantGen

Founder

Xiaomin Fan

CEO Approval Rating

70/100

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