Instrument-Free Veros� COVID-19 Produces Lab-Quality Molecular Results in about 15 minutes

BOSTON & OXFORD, England & CAMBRIDGE, England & BRISBANE, Australia--(BUSINESS WIRE)--Global molecular diagnostics innovator Sense Biodetection (Sense) today announced it has entered into a strategic agreement with Abacus dx for the non-exclusive distribution in Australia and New Zealand of Sense�s Veros instrument-free, point-of-care molecular testing platform.

Veros is the first and only self-contained, single-use COVID-19 product that produces PCR-quality results in approximately 15 minutes, unconstrained by a reader or need for external power. Abacus dx is a leading specialty medical distributor with proven success in creating value by connecting innovative manufacturers with customers in Australia and New Zealand. Positioned to enable Abacus dx to supply customers immediately upon regulatory approval in the respective countries, the agreement is the latest in Sense�s worldwide distribution partnerships as it commercializes its Veros platform.

In announcing the agreement, Sense Chief Commercial Officer Ryan Roberts said: �We are enthusiastic about our partnership with Abacus dx to bring Veros COVID-19 to Australian and New Zealand healthcare providers. Together we�re optimistic that by adding the instrument-free Veros COVID-19 to their portfolio, Abacus dx�s customers will be able to take advantage of a rapid, laboratory-quality molecular test that can enable improved access and faster diagnosis, helping them to provide exceptional care for their patients right at the point of use.�

�Sense and Veros fit perfectly into our portfolio,� said Shayne Christensen, CEO of Abacus dx. He continued, �We pride ourselves in providing customers with the highest quality, most innovative products to meet specialists' needs. To offer an instrument-free, PCR-quality result in minutes right at the Point of Care reflects our approach to bring solutions that have the potential to improve care. We are excited to launch Veros COVID-19 and are eagerly anticipating an expanded Veros test menu in the future.�

Using a proprietary rapid molecular amplification technology, Veros aims to help to improve access to rapid, highly accurate, point-of-care testing for many more people and help reduce the spread of COVID-19 with faster, more precise diagnoses.

Veros COVID-19�s clinical performance was established in one of the most comprehensive clinical trials in COVID-19 diagnostic testing conducted to date. The multicenter study prospectively enrolled nearly 300 evaluable subjects during both the Delta and Omicron variant surges of the pandemic. All study sites represented near-patient testing / point-of-care environments, with all test operators reporting no prior formal laboratory training or experience. 100% of operators agreed the Veros COVID-19 was easy-to-use, read, and understand the results, with minimal hands-on time required from start to finish.

As the virus continues to evolve, Veros COVID-19 has maintained the ability to detect all Variants of Interest and Concern identified to date by WHO and the US CDC, including all Omicron sub-variants.

See how it works here.

About Sense Biodetection

Sense Biodetection is a global molecular diagnostics company focused on empowering patients and transforming healthcare access and affordability by bringing lab-quality results through easy-to-use, rapid, disposable molecular tests without the constraints of an instrument. The company's Veros product platform will enable widespread testing to enhance patient access, improve patient health and lower systemic healthcare costs. Backed by respected investors, such as Koch Disruptive Technologies, Cambridge Innovation Capital, Earlybird Health and Mercia Asset Management, Sense has launched its first product, Veros COVID-19, and is growing rapidly while building a portfolio of tests for other diseases.

About Abacus dx

For 50 years, Abacus dx has connected innovative global suppliers with Australasian customers, offering superior solutions that positively contribute to the healthcare outcomes of millions of Australians and New Zealanders. An ISO 9001:2015 accredited organization, Abacus dx features an extensive product range including diagnostic pathology and life science reagents and instrumentation, providing customers with innovative and specialized products and local technical service and support. Headquartered in Queensland, Australia with local representation in the major cities across Australia and New Zealand, customers include private and public laboratories, blood donor centres as well as university research departments. Abacus dx is part of the Diploma Healthcare Group.

For more information, visit https://sense-bio.com/ and follow the company on Twitter and LinkedIn.

Contacts

Media:
Mike Sinclair

Halsin Partners

+44 7968 022075

[email protected]