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LexaGene Intends to Pursue Full Panel Pathogen Testing through the FDA

BEVERLY, Mass., Nov. 24, 2021 (World NEWSWIRE) — LexaGene Holdings, Inc., (OTCQB: LXXGF TSX-V: LXG) (“LexaGene” or the “Company”), a molecular diagnostics organization that has commercialized an instrument for automated multiplex PCR screening, these days announced it intends to pursue equally 510k clearance and CLIA-waiver from the Food and drug administration to benefit from the total probable of the MiQLab System™ for syndromic screening at the place of treatment.

Syndromic testing permits professional medical providers to simultaneously check affected individual specimens for numerous pathogens that produce overlapping symptoms and indicators. MiQLab’s wide multiplexing supplies this ability and also will allow for screening other clinically significant markers this kind of as antimicrobial resistance genes. Antimicrobial resistance is widely deemed to be the following global pandemic.1 Researchers estimate that drug resistant pathogens will destroy ~10 million persons for each year by the calendar year 2050.2

Dr. Jack Regan, LexaGene’s Founder and CEO stated, “One of the most difficult problems in medication is to rapidly recognize, at the position-of-care, the actual result in of advanced and complicated to treat infections.3 We’ve produced the MiQLab to tackle this hard issue. It is capable of processing sample varieties that usually inhibit PCR (e.g., urine and fecal samples) and screens for up to 27 targets together with drug resistance markers so it can be employed in the struggle towards superbugs. We think the MiQLab will be on the forefront of helping clinicians properly diagnose and handle their individuals at the place of treatment so that a pandemic prompted by antimicrobial resistant pathogens can be averted. Equally, syndromic panels like respiratory or gastrointestinal panels will enable clinicians to more promptly and conveniently diagnose infectious diseases, enabling previously procedure and avoidance.”

The Organization has been steadily working to satisfy Fda requirements for human clinical diagnostics. The progress we have produced all through the pursuit of EUA for COVID-19 tests has brought the Corporation closer toward conference the far more intensive demands of the conventional premarket overview pathway, which will be essential for the Company to supply broad panel pathogen testing at the level of care. The Fda just lately furnished market-wide assistance4 and based on this advice and immediate communications with the agency, the Corporation has resolved it will no for a longer period pursue an EUA software for COVID-19, but alternatively go after 510k and CLIA-waiver for wide-panel pathogen testing, thus allowing for the Firm to concentrate on providing the MiQLab technological innovation for its supposed use of syndromic testing at the stage of treatment.

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LexaGene’s MiQLab program is unique in that it is a circulation-by PCR program. To LexaGene’s information, the Food and drug administration has by no means gained an application for a move-via PCR process for use in human clinical diagnostics. Until eventually the Fda grants LexaGene’s technique authorization for human clinical diagnostics, all function using LexaGene instruments is categorised as Investigation Use Only.

The Corporation continues to sell its technological innovation into veterinary hospitals, bio-pharmaceutical suppliers, and other open-obtain markets.

To understand far more about LexaGene and the MiQLab System or subscribe to company updates, go to www.lexagene.com, or abide by us on Twitter or LinkedIn.

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

Corporate & Media Get in touch with:
Gail Winslow
Director, Promoting
[email protected]
978.482.6237

Investors:
[email protected]
800.215.1824

About LexaGene Holdings Inc.
LexaGene is a molecular diagnostics business that develops molecular diagnostic techniques for pathogen detection and genetic screening for other molecular markers for on-internet site quick screening in veterinary diagnostics, foodstuff protection and for use in open-access markets these as medical study, agricultural testing, and biodefense. Finish-buyers basically need to have to accumulate a sample, load it on to the instrument with a sample preparation cartridge, enter sample ID and push ‘go’. The MiQLab™ technique delivers excellent sensitivity, specificity, and breadth of detection and can return benefits in around two hrs. The special open-entry feature is intended for personalized testing so that conclude-customers can load their possess serious-time PCR assays on to the instrument to target any genetic focus on of curiosity.

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The TSX Venture Exchange Inc. has in no way handed upon the deserves of the proposed transaction and has neither accepted nor disapproved the contents of this push release. Neither TSX Venture Exchange nor its Regulation Companies Provider (as that term is defined in the insurance policies of the TSX Venture Trade) accepts obligation for the adequacy or precision of this release.

This news release consists of forward-on the lookout data, which requires recognised and mysterious challenges, uncertainties and other aspects that might trigger true events to differ materially from current expectation. Vital variables — like the availability of resources, the results of financing endeavours, the results of technological know-how growth efforts, the cost to procure crucial elements, performance of the instrument, industry acceptance of the technological know-how, regulatory acceptance, and licensing difficulties — that could result in actual benefits to differ materially from the Company’s expectations as disclosed in the Company’s paperwork filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to spot undue reliance on these ahead-wanting statements, which converse only as of the date of this press launch. The organization disclaims any intention or obligation, except to the extent necessary by regulation, to update or revise any forward-seeking statements, no matter whether as a outcome of new details, potential gatherings or in any other case.

1] https://www.mother nature.com/article content/s41591-020-01201-9#:~:textual content=Antibiotic%20resistance%20(AR)%20is%20greatly,much%20much less%20likely%20to%20triumph.
2] https://www.chemistryworld.com/features/the-antibiotic-countdown/3008544.write-up
3] https://www.cdc.gov/drugresistance/greatest-threats.html
4] https://www.food and drug administration.gov/media/135659/download 


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