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Lexagene Holdings Inc V.LXG


Primary Symbol: LXXGQ

Healthcare Medical Devices
Lexagene Holdings Inc. is a molecular diagnostics company engaged in researching, developing and commercializing automated genetic analyzer devices in clinical and life science industries. The Company is focused on developing molecular diagnostic systems for pathogen detection and genetic testing for other molecular markers for on-site rapid testing in veterinary diagnostics, and for use in open-access markets such as food and water safety, clinical research, agricultural testing and biodefense. The Company's MiQLab System is an automated, open-access molecular diagnostic system for pathogen detection, allowing users to test for multiple pathogens onsite, returning results in approximately 2 hours. Its MiQLab System is an automated, multiplexing polymerase chain reaction (PCR)-based system designed for syndromic testing in human clinical diagnostics and veterinary diagnostics, as well as food safety testing, and open-access custom testing markets.


GREY:LXXGQ - Post by User

Lexagene Holdings Inc > WHO lists two COVID-19 tests for emergency use
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Comment by EduardoSanchezon Apr 15, 2020 10:57pm
113 Views
Post# 30914607

RE:WHO lists two COVID-19 tests for emergency use

RE:WHO lists two COVID-19 tests for emergency useLexagene can do a lot more than both the Roche and PrimerDesign machines.

Keep in mind these machines are intended for different use cases than the LX Analyzer. Both machines are large central lab machines operated by experienced lab techs. Lexagene is primarily focused on point of care diagnostics, no shipping samples required, ease of use, no expensive embedded cartridge, faster time to results, no specialized lab required... 

Another thing to consider is the 30% false negatives that are currently being generated by the approved RT PCR machines. That is not going to work for containing a highly contagious virus like covid. Lexagene has been running covid samples with over 99% concordance 
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