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Chagas disease

Treatment of Chagas disease can be lengthy and there is currently no available method to confirm whether a patient has been cured, according to the firm.

The grant will support the development of a point-of-care assay designed to detect parasite components with demonstrated diagnostic potential.

The test could help stem the infection's advance in regions where the kissing bug is prevalent, and enable screening in other affected countries.

The firm said that it is the first point-of-care diagnostic test available in the US to detect a potentially fatal disease that affects around 8 million people globally.