LexaGene Partners with Ethos Discovery to Build New

BEVERLY, Mass., June 03, 2021 (World NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG OTCQB: LXXGF) (the…

BEVERLY, Mass., June 03, 2021 (World NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops completely automated rapid pathogen detection systems, is happy to announce it has partnered with Ethos Discovery to extend the examination menu offerings that can be run on the MiQLab™ Technique.

LexaGene’s 1st validated panel, namely the MiQLab™ Bacterial and AMR Exam, was developed specially for aiding in the prognosis of urinary tract bacterial infections (UTI), one of the most frequent will cause for veterinary visits in companion animals. This panel detects 94% of the pathogens that induce UTI in cats and pet dogs and screens for 13 unique antimicrobial resistance targets that are helpful in determining the therapies best suited for treatment method.

Impressed by the protection of assessments provided in LexaGene’s 1st validated panel, Ethos Discovery was an early adopter of the MiQLab know-how, and is now interested in growing the use situations for the MiQLab to aid in the analysis of other illness circumstances. To tackle their demands, Ethos Discovery introduced to LexaGene sector possibility assessments for sepsis, effusions, continual/challenging wounds, pneumonia, diarrhea, joint disorders, seizures, hemangiosarcoma, and tick-borne bacterial infections. Right after in depth discussions, as a first action, LexaGene has determined to spouse with Ethos Discovery on prioritizing the development of panels particular for critical pneumonia, diarrhea, and effusions. These ended up decided on owing to the clinical significance of properly pinpointing the trigger of respiratory and gastrointestinal diseases which can perhaps be zoonotic, the sheer amount of diarrhea circumstances in the US for each yr (~500K primarily based on Ethos estimate), and the urgent want for immediate differential prognosis, respectively. These projects will be tackled in the mentioned order.

Dr. Jack Regan, LexaGene’s Founder and CEO, states, “Expanding our examination menu is a person of our priorities that will travel product sales. It is quite crucial for LexaGene to frequently devote in producing new tests so that the MiQLab can be utilized as a valued issue of treatment instrument that can provide a diversity of unmet requires in veterinary medication. I’m thrilled to get the job done with Ethos Discovery on even further increasing the utility of the MiQLab system. Collaborations like this will final result in many extra revenue in the long run, as the value proposition for adopting MiQLab more and more gets to be an noticeable alternative. Our purpose is to make transport samples for disease tests to a reference laboratory a company model of the previous, as this kind of screening need to actually be done inside of the clinic wherever quickly time to consequence has the most significant influence on the good quality of care and affected individual results.”

Dr. Chand Khanna, DVM, PhD, DACVIM (Onc), the President of Ethos Discovery, feedback, “We are thrilled to be introducing value to LexaGene’s MiQLab method. We strongly feel that in-clinic PCR-primarily based ailment testing is the potential for veterinary medication. These new disease-particular panels will enormously enhance the utility of the MiQLab in the healthcare facility and I would be expecting these extra choices will motivate many veterinary methods to undertake the technological know-how.”

As aspect of this collaboration, Ethos Discovery is supplying consulting products and services for the identification of the suitable targets in each panel based mostly on disease prevalence, the magnitude of the unmet need, and alignment with the MiQLab technologies. These panels will include further assessments for species of microorganisms not covered in the UTI panel, as properly as new exams for viruses, protozoa, fungi and other illness targets. LexaGene will develop and validate these assessments for each and every of the focus on organisms and antimicrobial markers, and use Ethos Veterinary Health’s Wheat Ridge Animal Clinic in the larger Denver place for medical validation reports, which are predicted to get started for the pneumonia panel in late summer time/early drop.

To be included to the LexaGene e-mail checklist, remember to subscribe on the Firm web page.

On Behalf of the Board of Directors
Dr. Jack Regan
Main Executive Officer & Chairman

For inquiries: 800.215.1824 | [email protected] or [email protected]

About LexaGene Holdings Inc.
LexaGene is a molecular diagnostics enterprise that develops molecular diagnostic techniques for pathogen detection and genetic screening for other molecular markers for on-internet site quick tests in veterinary diagnostics, foods basic safety and for use in open up-access marketplaces these as clinical exploration, agricultural screening and biodefense. Stop-end users simply just need to acquire a sample, load it on to the instrument with a sample preparation cartridge, enter sample ID and push ‘go’. The MiQLab™ method provides great sensitivity, specificity, and breadth of detection and can return benefits in around two hours. The one of a kind open up-entry characteristic is built for personalized tests so that conclusion-consumers can load their personal actual-time PCR assays onto the instrument to goal any genetic concentrate on of fascination.

About Ethos Discovery
Ethos Discovery is a 501(c)3 nonprofit group devoted to delivering improvements that will strengthen the end result for animals and human beings afflicted with complex healthcare difficulties. Ethos Veterinary Wellness, LLC fashioned Ethos Discovery to carry out nonprofit scientific study to progress veterinary and human clinical science in December 2016. For far more information, go to https://www.ethosdiscovery.org

About Ethos Veterinary Health and fitness
Ethos is a veterinary wellness organization with hospitals across the U.S. furnishing innovative professional medical care for animals. Our approach includes a concentrate on transformative science, ongoing mastering and progress for crew members and collaboration. For a lot more data, take a look at https://www.ethosvet.com

The TSX Venture Trade Inc. has in no way passed on the merits of the proposed transaction and has neither authorised nor disapproved the contents of this press release. Neither TSX Enterprise Trade nor its Regulation Solutions Company (as that time period is defined in the insurance policies of the TSX Undertaking Trade) accepts responsibility for the adequacy or precision of this launch.

This news release consists of forward-hunting data, which entails regarded and unidentified challenges, uncertainties and other elements that may cause true situations to vary materially from latest expectation. Significant things — which includes the availability of money, the success of financing efforts, the success of technologies advancement endeavours, the price to procure critical sections, effectiveness of the instrument, marketplace acceptance of the technology, regulatory acceptance, and licensing issues — that could induce true success to differ materially from the Company’s expectations as disclosed in the Firm’s files filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to put undue reliance on these forward-searching statements, which speak only as of the day of this push release. The company disclaims any intention or obligation, apart from to the extent necessary by legislation, to update or revise any forward-wanting statements, regardless of whether as a end result of new information and facts, long term activities or usually.

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