The firm said that a new R&D plant will enable it to develop non-core testing applications that allow it to enter new markets, such as veterinary diagnostics.
The firm is conducting clinical trials in preparation for applying for FDA clearance to market its POC instrument and first assay in the first quarter of next year.
The researchers said the test performed well in distinguishing patients with or without complications and proved itself better than frequently used clinical variables.
The firm said it anticipates launching the platform in Europe next year and completing its first round of external financing in the first quarter of 2020.
