– SQI to Develop Custom 21-Plex Protein Microarray for Drug Epitope Mapping -Toronto, OntarioMarch 19, 2014SQI Diagnostics Inc. (TSX-V: SQD),
a life sciences and diagnostics company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics, today announced that it has expanded its previously announced product development relationship with a global pharmaceutical company (“Global Pharma 1”) to develop a custom multiplex test to support the pharmaceutical company’s clinical drug development activities, through the entering into of a revenue-generating agreement with Global Pharma 1 to develop a 21-plex protein microarray.
Pharmaceutical companies expend substantial resources to better understand potential immune responses to the novel therapeutics they are developing. Under this new commercial agreement, SQI will develop a 21-plex protein microarray, based on the already completed prototype, for use in identifying specific immunogenic regions within a specific drug (also known as “epitope mapping”) during Global Pharma 1’s human clinical trials. The agreement for the second phase of the project includes both payment for services and for the consumables used during development and sample testing.
SQI recently successfully completed development of a series of multiplex anti-drug antibody (“ADA”) assays for Global Pharma 1 to detect and measure immunogenic responses to the drug during its pre-clinical development as part of the first phase of the project.
About SQI Diagnostics
SQI Diagnostics is a life sciences and diagnostics company that develops and commercializes proprietary technologies and products for advanced microarray diagnostics. The Company’s proprietary microarray tests and fully-automated systems are designed to simplify protein and antibody testing workflow, increase throughput, reduce costs and provide excellent data quality. For more information, please visit www.sqidiagnostics.com.
SQI’s custom Ig_plex® tests and sqidlite™ automated testing equipment provide significant benefits to drug developers. SQI’s Ig_plex® products have been shown to significantly improve the sensitivity and other important performance metrics of ADA testing, ultimately resulting higher quality data. By decreasing the total number of tests performed through multiplexing, the total time required to process tests is reduced, resulting in reduced labour and testing timelines. In addition, considerably less blood volume is required from patient samples. These benefits can potentially have a significant impact on a customer’s total cost of testing in the clinical phases of the customer’s drug development programs.
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