PRESS RELEASE: MBio Diagnostics, Inc. Receives NIH Award for POC HIV Device

July 22, 2013

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Boulder, CO, July 22, 2013 – MBio Diagnostics, Inc. announced today that it has received an award from the National Institute of Allergy and Infectious Diseases, a division of the National Institutes of Health (NIH), to develop a low-cost, point-of-care (POC), HIV antigen/antibody combination diagnostic device. The two-year, $1.4 million award from the Small Business Innovative Research (SBIR) program will continue work from a Phase I NIH project in which research and development of a POC antigen/antibody combination diagnostic device met or exceeded technical milestones. In particular, the MBio HIV antigen and antibody assays provided a combined performance that significantly exceeds performance of FDA approved rapid tests, and provides near equivalence of much more complicated laboratory-based tests. MBio Diagnostics, Inc., who has had a longstanding collaboration with a team of world-class infectious disease experts at the University of California, San Diego (UCSD), will be building on the UCSD group’s extensive clinical expertise in acute HIV infection diagnosis as part of this development program.

Commenting on the aim of this research project, Michael J. Lochhead, MBio Diagnostics CTO and grant Principal Investigator, offered, “HIV infection remains a major public health crisis both in the United States and worldwide. There is an increasing awareness that acutely infected individuals disproportionately contribute to the spread of the disease. These individuals remain the most difficult to identify, as infectivity is highest prior to the appearance of the HIV antibodies that serve as the basis of serological diagnostics. There are currently no FDA-approved POC tests that directly target HIV viral antigens. A major goal of this project is to simplify assay workflow to the point it can be run by minimally trained operators in a variety of healthcare settings. The milestone aim of this project is a portable, integrated system delivered to clinical collaborators that meets FDA CLIA waiver guidance requirements.”
Speaking of the importance of this development work for the MBio Diagnostics, Inc. product development portfolio, Christopher J. Myatt, Founder and CEO added, “The ability to validate a system using well characterized early HIV infection specimens, and to place such systems in an intended use setting capturing operational and usability feedback with capillary and venous blood samples, will accelerate our pipeline of diagnostic products for tuberculosis, hepatitis C, as well as other indications.”

About MBio
MBio Diagnostics, Inc. (www.mbiodx.com) is a privately held diagnostics and life sciences company based in Boulder, CO. MBio Diagnostics is increasing access to quality healthcare by delivering innovative and low cost point-of-care (POC) diagnostics. The MBio System is initially being commercialized to manage treatment of HIV patients from a single drop of blood. The MBio elegant detection system is being developed for a broad menu of applications including multiplex assays and cellular analysis.

For more information visit MBio at www.mbiodx.com or contact:

Michael Lochhead
MBio Diagnostics, Inc.
Phone: 303-952-2810
Fax: 303-951-1529
E-Mail: michael.lochhead@mbiodx.com