NetScientific's Vortex Biosciences won licence to four patents from Harvard
Biomedical and healthcare technology company NetScientific’s portfolio business, Vortex Biosciences, won a license to four patents from Harvard University.
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The patents cover novel cell electroporation technology (CTC), which Vortex will combine with its CTC enrichment technology to offer rapid CTC bioassays. Vortex introduced VTX-, a fully automated benchtop system for collecting intact CTCs using microfluidic technology, earlier in the year.
NetScientific’s chief executive Francois R. Martelet, said: "Vortex Biosciences' VTX-1 system, introduced earlier this year, already offers one of the most sophisticated ways to collect and analyse CTCs.
“The exclusive license of these new patents from a world leading research institution will significantly increase the ability of Vortex's technology to characterise CTCs and strengthen its ability to analyse the underlying drivers of a patient's disease as the VTX-1 moves towards commercialisation."
Vortex chief executive Gene Walther said the company was already developing a next generation system for CTC enrichment and characterisation intended to help make personal medicine a reality.
Walther added:"The combination of our CTC enrichment technology and the electroporation technology developed at Harvard will lead to a powerful solution for characterizing CTCs and ultimately a better understanding how to treat a patient's disease."
Shares in AIM-listed NetScientific were up 5.04% to 73p at close.