Lexagene Holdings Inc 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.

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Lexagene Holdings Inc

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Post by TanzaniteMotherLodeon Oct 28, 2020 8:41am

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Get ready for a run

LexaGene aims to become the first company to sell a fully automated, highly multiplexed, open-access, sample-to-answer system for pathogen detection that is useful across multiple markets. The Company’s primary markets are veterinary and human clinical diagnostics, food safety, and markets that have custom genetic testing needs, which it refers to as open-access markets.

LexaGene’s treasury currently stands at $11.3M USD ($14.9M CDN), putting the Company in a strong position to support its development goals for the next year and more.

https://ca.finance.yahoo.com/news/lexagene-provides-corporate-130200467.html

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