nice...stock around 29/32...15/16:
(COMTEX) B: XTRANA Receives Funding From the U.S. Department of Agric B: XTRANA Receives Funding From the U.S. Department of Agriculture to Develop Rapid Nucleic Acid Test for Salmonella Contamination in Food DENVER, Jun 28, 2000 (BUSINESS WIRE) -- XTRANA today announced that the Company has been awarded a Small Business Innovation Research (SBIR) Phase I grant from the United States Department of Agriculture to develop a nucleic acid-based test for Salmonella. The XTRANA test will be rapid, inexpensive, disposable, and very user-friendly to meet the needs of on-site testing in the food processing and packaging industries. The test will be automatable to accommodate high sample throughput with the turnaround time for results in less than one day, allowing for rapid corrective action if contamination is detected. The test will incorporate XTRANA's Xtra Bind(TM) nucleic acid binding matrix and the Company's proprietary lateral flow detection technology, integrated into a modular platform of their SCIP(TM) (Self Contained Integrated Particle) system. Salmonella is the most common bacterial cause of foodborne illness. U.S. medical and productivity costs due to Salmonella infections are estimated at $0.6 billion to $3.5 billion each year. Approximately 40,000 cases of salmonellosis are reported in the United States annually; however many milder cases are not diagnosed or reported. Therefore, the actual number of infections may be 20 or more times greater. The organism is currently monitored by the Food Safety and Inspection Service (FSIS) as a measure of Hazard Analysis and Critical Control Point (HACCP) plan effectiveness, which is aimed at preventing and controlling contamination so products meet regulatory standards. Jack Wheeler, CEO, described XTRANA's approach, "Most DNA- or RNA-based tests require technical expertise and complex, expensive equipment. Our modular SCIP(TM) system for combining nucleic acid extraction, amplification and detection makes nucleic acid-based testing as easy as the standard culturing tests currently being used. "By developing a system which accommodates either PCR or isothermal amplification, and either low throughput manual testing or high throughput automated testing, our test can be used anywhere from the slaughterhouse or processing plant to a packaging facility or contract testing laboratory. "We are concurrently developing tests for a number of additional food, water and environmental pathogens, including E. coli O157, Listeria monocytogenes, and coliforms. These will soon be commercially available as individual pathogen tests and as panel tests for certain pathogen combinations." As reported on May 4, 2000, XTRANA and Biopool International, Inc. (OTCBB:BIPL), www.biopool.com, announced that the companies had signed a definitive Agreement and Plan of Reorganization to merge. XTRANA has developed proprietary technologies that offer new approaches to nucleic acid-based testing, making it more practical, less complicated and less expensive. Nucleic acid-based tests developed by XTRANA are for use in drug discovery, detection of environmental and food contaminants, forensics and identity testing, human and animal diseases, genetic predisposition to disease, and other applications. For additional information, visit the XTRANA Web site at www.xtrana.com, or email sbeard@xtrana.com. CONTACT: XTRANA Inc., Denver Jack Wheeler, 303/363-2443 URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2000 Business Wire. All rights reserved. Distributed via COMTEX. -0- KEYWORD: COLORADO INDUSTRY KEYWORD: MEDICAL PHARMACEUTICAL *** end of story *** |