After rising more than 31 points to heights never before reached, the medtech industry returned to normal this past week. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week (July 23) at 115.54 points, a total that, had it not been for the previous week, would […]
Mologic
George Soros and Bill Gates are helping to turn Mologic into a social enterprise
Mologic recently announced that it will transition into a social enterprise through the support of a group of philanthropic funds and investors led by the Soros Economic Development Fund, with support from the Bill & Melinda Gates Foundation. The investors that are part of the newly launched Global Access Health (GAH) are spending £30 million […]
Mologic starts validation of point-of-need coronavirus test
Mologic announced today that it initiated early validation of point-of-need COVID-19 diagnostic tests with two United Kingdom-based universities. The Bedfordshire, U.K.-based company is initiating its tests with the Liverpool School of Tropical Medicine and St. George’s University London, according to a news release. The accelerated development of the test is a product of funding from […]
Mologic launches clinical trial for COPD exacerbation alert system
Mologic announced today that it launched a clinical trial for its Headstart system for detecting exacerbations in patients living with moderate to severe chronic obstructive pulmonary disease. Headstart is an in vitro diagnostic self-test designed to detect five biomarkers that signal infection and inflammation in the urine of patients with COPD. The system integrates a […]