Local manufacturer races to tap potential in medical technology
Racer Technology's microfluidic chip, which takes only minutes to give blood test results, is part of CEO Willy Koh's drive to grow the firm into a world player
DeeperDive is a beta AI feature. Refer to full articles for the facts.
AS governments race to prepare for the possibility of an Ebola outbreak in their countries, a local medical device manufacturer, Racer Technology, has already produced a diagnostic kit that can test for the disease.
It is part of a collaboration with a United States start-up, Nanomix, and the test kit is awaiting approval by the US Food and Drug Administration.
The diagnostic tool, which is essentially a microfluidic chip, identifies a disease through changes in fluid properties at micro-level dimensions and enables clinicians to carry out tests at the point of care.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant