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SQI Diagnostics Inc V.SQD.H

SQI Diagnostics Inc. is a Canada-based company that is focused on lung health. The Company is engaged in the development and manufacturing of respiratory health and precision medicine tests that run on its fully automated systems. Its clinical solutions include Rapid Acute Lung Injury Diagnostic (RALI-Dx), lung transplant diagnostics, COVID-19 testing and surveillance testing solutions. Its RALI-Dx IL-6 Severity Triage Test and the RALI-fast IL-6 Severity Triage point of care (POC) Test each help clinicians identify which patients with SARS-CoV-2 are predicted to have a severe inflammatory response and should or should not be admitted to the hospital. Its RALI-Dx delivers results from the lab in less than an hour while RALI-fast delivers results at the patient point-of-care in about 15 minutes. The Company’s TORdx LUNG Test measures inflammation at the molecular level to assess the health of the donor lung. The Company is also focused on its organ transplant pipeline of products.


TSXV:SQD.H - Post by User

Post by FactFinder1994on May 31, 2021 2:42pm
129 Views
Post# 33297009

Further to prior post....SQI is

Further to prior post....SQI is

Improving Success of Lung Transplants and Availability of Donor Lungs

  • 15,000 donor lungs available in North America yearly – only about 3,000 transplanted (20%)

  • Major challenge is assessing the health and quality of the donor lung and deciding if it is suitable for transplantation

  • The decision to transplant a lung relies on assessment by the surgeon – a process that currently involves many qualitative or subjective factors

  • Lung transplant surgery costs $1M+, post-hospitalization is expensive, life is at risk, so surgeons are cautious and reject many healthy lungs

  • There is no test to detect inflammation or health of organ

    • “Integrating rapid diagnostics is a major step forward in lung transplantation. By providing transplant teams with quantitative metrics to more accurately assess donor lungs, we are moving decision making in transplantation into the era of personalized medicine.

      - Dr. Shaf Keshavjee, Surgeon-in-Chief, Sprott Department of Surgery, Director, Toronto Lung Transplant Program and Director, Latner Thoracic Surgery Research Laboratories

      Enables surgeons to identify healthy lungs for transplant which otherwise would have been rejected

    • Increases the number of lungs available for transplant significantly, ~85%, saving many lives

    • Provides for considerable increase in hospital profit – lung transplant is highest revenue generator at ~$500K profit per surgery

      1. Similar diagnostic test planned for both kidney and liver organs after TOR-dxTM FDA approval.


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