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EKF Diagnostics Acquires Selah Genomics, Inc. and DiaSpect Medical AB

Clicks:421 Date:04/23/14

Enhancing hemoglobin analysis and personalized medicine

Cardiff, UK 鈥 22 April 2014 鈥 EKF Diagnostics (www.ekfdiagnostics.com), the global in vitro diagnostics business, announces that it has acquired Selah Genomics, Inc. and DiaSpect Medical AB. Sweden based DiaSpect manufactures desktop hemoglobin analyzers, whilst Selah, of South Carolina is a service provider that supplies molecular diagnostics tests for the development of personalized medicine.

The integration of DiaSpect鈥檚 product line into the existing portfolio of EKF hemaglobin analyzers will enable the provision of an analyzer to meet any need. The patented DiaSpect Hb-system provides instant results from one drop of whole blood. It is suitable for use in dry, humid conditions, and the broad-spectrum photometer together with the reagent-free cuvette offers outstanding reliability and cost-effectiveness. This desktop device will join the point of care Hemo Control (Hemo Point H2 in the US) and the hand-held, portable STAT-Site hemoglobin analyzer.

The acquisition of Selah Genomics enables EKF to extend its molecular diagnostics offering to support healthcare providers and the pharmaceutical industry with advanced molecular and genomic diagnostic services. This easy-to-use service provides doctors with a sample kit, and once they have obtained a swab from the patient, it is simply sealed and posted back for analysis. Resulting data can be used to develop personalized treatment plans.

Combined with the recent aquisition of Seperation Technology, Inc. this purchase has strengthened EKF鈥檚 product and services offering, positioning EKF at the forefront ofpoint of care hematology testing provision. EKF now offers a comprehensive and cost-effective product range, as well as meaningfully participating in personalized medicine; an area which is quickly becoming key within the IVD industry.

Julian Baines, CEO of EKF commented, 鈥淭hese aquisitions provide us with a huge opportunity to establish ourselves as a leading global player in point of care hemaglobin testingand to consider our position in molecular diagnostics and personalized medicine, an area whichwe consider to be one of the most exciting in diagnostics.鈥

For more information on EKF Diagnostics, please visit www.ekfdiagnostics.com.

 

About EKF Diagnostics www.ekfdiagnostics.com
EKF Diagnostics Holdings plc which includes the EKF Diagnostics, EKF Molecular, Stanbio Laboratory, Separation Technology Inc, DiaSpect and Selah Genomics brands, specializes in the development, production and worldwide distribution of point-of-care blood analyzers for use in the detection and management of diabetes, anemia, lactate and kidney related diseases. Its new Molecular division focuses on molecular and companion diagnostics. EKF products are sold in more than 100 countries around the globe, offering over 30 specialist product lines across its brand portfolio.

Point-of-care diagnostics: EKF Diagnostics鈥 expertise covers the entire in vitro diagnostics chain, from fermentation and enzyme production, to liquid reagent manufacture, design and building of world-class diagnostic devices, and distribution of rapid test kits for infectious diseases and pregnancy. The EKF analyzer range is used widely in GP surgeries, pharmacies, blood banks, sports clinics, hospitals and laboratories for glucose, lactate, hemoglobin, hematocrit and HbA1c measurement.

Companion Diagnostics: In March 2013 EKF set up a new division to focus on molecular and companion diagnostics - EKF Molecular Diagnostics develops technologies for cancer gene detection. Through its acquisition of UK-based 360 Genomics and by offering innovative products with the potential to change current DNA extraction and detection practices, EKF is addressing the fast growing companion diagnostics market.

EKF Diagnostics鈥 strengths lie in its multi-national research and manufacturing facilities, teams of experienced analysts and engineers in Germany, Ireland, USA and the UK, and a board led by some of world鈥檚 foremost authorities in medical diagnostics.

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