STOCK TITAN

Aegea Biotechnologies, Inc. Announces the Issuance of U.S. Patent for Primer-Switch Nucleic Acid Probes for the Detection of Rare Genetic Events and for PCR Amplification Improvements

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

SAN DIEGO, Aug. 19, 2020 /PRNewswire/ -- Aegea Biotechnologies, Inc. (www.aegeabiotech.com, "Aegea"), a biotechnology company focusing on the development and commercialization of next generation nucleic acid and clinical diagnostic technologies, announces the issuance of US Patent 10,745,749, entitled METHODS FOR DETECTING NUCLEIC ACID SEQUENCE VARIANTS. The patent provides intellectual property protection for Primer-Switch technology which is useful for detecting rare genetic events and for improving real-time PCR amplification reaction as well as associated analysis methods, including next-generation sequencing (NGS).  Importantly, this patented technology can also be applied to molecular diagnostic tests for SARS-CoV-2 (COVID-19, coronavirus)

The issuance of this patent expands Aegea's already sizable intellectual property estate to 11 issued US patents and 33 foreign equivalents. The Primer-Switch is another method, in addition to Aegea's Switch-Blocker technology, that can be used for the detection of important rare genetic events such as, for example, those associated with cancer causation and drug resistance. The grant of this US patent represents the second Primer Switch patent issued to Aegea, and it positions the company for worldwide patent protection.

Beyond its use for the detection of rare genetic events, the Primer-Switch technology can be used to enhance the performance and specificity of PCR amplification reactions, which are widely used in molecular diagnostic testing, including COVID-19 testing, hereditary disease testing, environmental testing, and many others. The Primer-Switch methodology has far reaching applications, especially where the detection of rare genetic events are needed or where more precise PCR reactions are required for detecting rare genetic events, and in cases where more precise PCR amplification reactions are needed or desired.

"Receiving intellectual property protection for our Primer Switch technology helps establish our leadership position in innovative nucleic acid-based diagnostic technologies," said Lyle J. Arnold, Ph.D., Aegea's President & CEO.

Stella M. Sung, Ph.D., Chief Business Officer of Aegea adds, "The Primer Switch is another powerful tool that can be applied to Aegea's suite of innovative nucleic acid technologies.  Moreover, it is directly applicable to COVID-19 testing, which is an area that Aegea is focused on as we develop innovative PCR and point-of-care diagnostic tests for SARS-CoV-2 and collaborate with partners such as Tauriga Sciences."

About Aegea Biotechnologies

Aegea Biotechnologies, Inc. located in San Diego, California, is a biotechnology company focusing on the development and commercialization of next generation nucleic acid technologies. A primary focus for the company is nucleic acid technology innovations that embrace molecular diagnostic assays, qPCR technologies, sequencing methods including both Sanger and NGS, and rapid point-of-care COVID-19 testing.  Aegea has complementary collaborations with Biocept (Nasdaq: BIOC) and Tauriga Sciences (OTC/QB: TAUG) for developing its COVID-19 tests.www.aegeabiotech.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/aegea-biotechnologies-inc-announces-the-issuance-of-us-patent-for-primer-switch-nucleic-acid-probes-for-the-detection-of-rare-genetic-events-and-for-pcr-amplification-improvements-301114427.html

SOURCE Aegea Biotechnologies, Inc.

Biocept, Inc.

NASDAQ:BIOC

BIOC Rankings

BIOC Latest News

BIOC Stock Data

1.14M
2.62M
9.21%
1.98%
0.57%
Medical Laboratories
Health Care and Social Assistance
Link
US
San Diego

About BIOC

biocept is a molecular oncology diagnostics company specializing in biomarker analysis of circulating tumor associated dna , both in circulating tumor cells (ctcs) and in plasma (cell free circulating tumor dna). our mission is to improve outcomes for cancer patients by advancing oncology diagnostics. we utilize patented and innovative technologies to deliver clinically relevant oncology diagnostics to physicians by providing advanced prognostic and predictive assessments for guiding the course of treating patients. additionally, we offer services to other laboratory testing providers, academic institutions, research organizations, biopharmaceutical companies, and clinical trial support. our strategic focus is to promote our unique targeted selector™ technology to the oncology community. our target selector technology has demonstrated that it can consistently capture extremely rare cells which may be present in only 1 of every 50-100 billion blood cells. examples of these rare cells ar