LymeX Diagnostics Prize: 6 Groups Advance to Part 3

LymeX Diagnostics Prize: 6 Groups Advance to Part 3

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LymeX logoLymeX Diagnostics Prize Information (04.10.24) introduced that Part 3 of the LymeX Diagnostics Prize competitors has launched. This competitors, led by The Steven & Alexandra Cohen Basis, is feasible via a fiscal sponsorship with the Digital Harbor Basis. The purpose of the LymeX multiphase competitors is to encourage growth of urgently wanted Lyme disease diagnostics towards Meals and Drug Administration (FDA) overview.

Six groups have superior to Part 3 of the competitors, together with: BlueArc Biosciences Inc.; Drexel College School of Medication; HelixBind Inc.; Massachusetts Basic Hospital; Northwestern College, Feinberg Faculty of Medication; and Tufts College. For the following 4 months, groups will plan medical efficiency research for validating their proposed diagnostic options. Throughout this time interval, groups may have entry to assets together with: “webinar modules, mentorship, and networking alternatives,” in addition to, “entry to technical help on subjects comparable to regulatory planning, medical examine design and implementation, clinician and affected person concerns, manufacturing processes and high quality administration programs, and business growth.”

Groups will current and publicize their diagnostic check, demonstrating their proposed diagnostic options to representatives from authorities, trade, clinician and client organizations on Demo day, which is able to happen in fall 2024. Groups will then be judged by subject material specialists based mostly on official analysis standards. As much as six $350,000 prizes can be awarded to help groups shifting into Part 4.

The groups invited to advance to Part 4 will then compete for as much as 3 million in diagnostics prizes. Part 4 of the completion will help advancing groups to conduct medical validation plans and full regulatory submissions to the FDA and extra prizes for FDA clearance could also be awarded.

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