Avesthagen signs MoU with CosmosID

Image
Press Trust of India Bangalore
Last Updated : Jan 21 2013 | 2:06 AM IST

Systems biology biotechnology company Avesthagen has signed an MoU with US-based CosmosID for collaborating in diagnosis and therapeutic management of tuberculosis treatment.

Avesthagen and CosmosID would pool their expertise to identify the particular TB strain and thereby support proper treatment, Avesthagen said in a statement.

The collaboration is expected to result in a new method for developing diagnostic kits for rapid screening of patient samples, it added.

"Tuberculosis is a serious tropical disease and the efficacy of its treatment lies in accurate and rapid identification of the TB strains. Avesthagen has been working on TB for some time and has developed a genomic data pool," Villoo Morawala-Patell, founder and CMD of Avesthagen, said.

"In CosmosID we have found a leader and strong partner, developing rapid pathogen identification methods, MetaSeq Genomics, to facilitate more precise diagnostic screening of infectious disease in a single, rapid, and accurate test.

The collaboration would help improve healthcare in developing and lesser developed countries where it is needed the most, Patell said.

"Our collaboration will provide significant benefits for TB patients worldwide and demonstrates a new paradigm for medical diagnostic screening of infectious disease," Rita Colwell, Founder and Chairman of CosmosID said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 09 2012 | 1:54 PM IST

Next Story