Originally posted by semi retired
I have a suspicion one of the re engagements could be POC1 , such a shame the project was dumped by Philips because it proved unreliable , the smile on Chris's face while discussing fluid dynamics on POC , and in most of his explanations was impressive and confidence building .
I am sure big pharma has its eye on this , cTnI Limit of Detection of less than 20 pg/mL in a serum-based Point of Care test strip .Anteo is a different company with a big future now , we certainly have a dedicated and talented team with a mission in place.
Anteo achieved excellent outcomes in the transition from prototype results to “real world” serum-based system.
• AnteoBind™ enables a calculated cTnI Limit of Detection of less than 20 pg/mL in a serum-based Point of Care test strip system
• Confirms that early diagnosis via a “high sensitivity” Point of Care test is possible when incorporating AnteoBind™ within the assay design.
Hi
@Semi retired
Philips dumped minicare because it wasn't going to be profitable in a reasonable time frame. And "Dumped" as in got rid of the whole HHDX team.
Here's an extract from a email I receive from their former Marketing Communications Specialist, last November.
"I’m sorry to inform you that, after a careful and detailed analysis of the business case of our Handheld Diagnostics business (Minicare), Philips has come to the conclusion that the business case has become unsustainable. The projected further investments and the required longer period of time for the business to become profitable have led to this conclusion.As result, Philips intend to close our Handheld Diagnostics business."
There's zero chance we will be dealing with Philips on Minicare
The old team are still trying to flog it as a new standalone venture, but if it's the same decision maker as last time, I'm guessing going back to ADO would be like swallowing a dead rat. For ADO, even if we did get back into the product, where's the value? The Philips brand name and thier distribution horsepower has gone.
Cheers
Muz
(20min delay)
