Magnetics Business & Technology - September/October 2021 - 30

INDUSTRY NEWS
AnteoTech Builds on Success with Molecular Diagnostics for Covid-19
Fresh from success battling Covid-19, Australian biotech
company AnteoTech is setting up for rapid expansion based
upon its AnteoBind technology for improved molecular conjugation.
Armed with $12 million in new funding, the company is
developing more tests and its own line of test equipment for life
sciences markets.
AnteoTech offer a range of ready-to-use kits based on its
technology to streamline and improve the conjugation process.
The versatile kits are compatible with carboxylated magnetic
particles, latex and europium nanoparticles. Among its conjugation
kits and reagents, the company offers coupling kits of 200
nm magnetic particles and 1µm magnetic particles for magnetic
particle-based assay development & bio-separation.
Derek Thompson,
CEO of Anteo Tech
Funds from the recent stock placement,
announced April 28, will be used to scale
up the roll-out of the company's EuGeni
reader and invitro rapid diagnostic test
used in Covid-19 detection, also to accelerate
its pipeline of other assay tests.
" The support for this placement is a strong
endorsement of AnteoTech's growth
strategy across both its Life Sciences and
Energy divisions. Both business units
have technology solutions that are applicable
to large and deep global markets, "
said Derek Thomson, CEO. Positioned
as a surface management technology
company, AnteoTech, which is based in
Brisbane, also enables improved capabilities with lithium materials
for the battery industry, another area in which it is targeting
rapid growth.
EuGeni is a fast, accurate and
compact instrument for rapid
point-of-care testing. With a
small and portable benchtop
design, it can be easily
transported in the clinic and on
the field for use by healthcare
professionals. Compatible with
magnetic particle assays, the
rapid test platform provides
the basis of an entirely new
potential revenue stream for
30 Magnetics Business & Technology * September/October 2021
the company. Business growth is expected with the addition
of not only the proposed COVID-19 suite of tests but also the
development of a range of new diagnostic solutions in the areas
of infectious, bacterial and viral conditions, said Thomson.
Ellume home test kit for COVID-19
Its seven-year collaboration with Australian diagnostics company
Ellume has led to much of AnteoTech's recent success.
Ellume uses AnteoBind technology to support significantly
improved sensitivity in a number of tests, including its COVID-19
Home Test which does not require sending samples to
a lab, similar to how home pregnancy tests work. In February,
the U.S. government pledged $230 million to Ellume to ramp up
production of the over-the-counter test.
AnteoBind technology
AnteoBind is an aqueous, nanosized molecular glue made that
is used in a rapid, single-step process to facilitate multivalent
coordination to bind carbohydrate polymers, antibodies, and
proteins to synthetic substrates in assay development. A single
binding point would not be strong enough to bind a metal ion to
a synthetic surface or a biomolecule to the metal ion. AnteoBind
overcomes this limitation by using polymeric metal ions of Europium
that form multiple binding points with both the underlying
surface and the biomolecule of interest.
For more info, see www.anteotech.com and www.ellume.com.
www.MagneticsMag.com
http://wwww.anteotech.com http://www.ellume.com http://www.MagneticsMag.com

Magnetics Business & Technology - September/October 2021

Table of Contents for the Digital Edition of Magnetics Business & Technology - September/October 2021

Magnetics Business & Technology - September/October 2021
Editor’s Choice/ Features
Reduced-Helium Magnets from Philips a Game-Changer in MRI Scanners
Driven by Global Pandemic, Magnetic Diagnostics Tools from Luminex Take Part in 98% Jump in Business
World’s Most Powerful Tidal Turbine Launched Offshore Scotland
Research & Development
Product News
Industry News
Events Calendar/ Advertising Index
Magnetic Levitation Studied at JPL for Moving Payloads Around the Moon
Visions
Magnetics Business & Technology - September/October 2021 - Magnetics Business & Technology - September/October 2021
Magnetics Business & Technology - September/October 2021 - Cover2
Magnetics Business & Technology - September/October 2021 - 3
Magnetics Business & Technology - September/October 2021 - Editor’s Choice/ Features
Magnetics Business & Technology - September/October 2021 - 5
Magnetics Business & Technology - September/October 2021 - Reduced-Helium Magnets from Philips a Game-Changer in MRI Scanners
Magnetics Business & Technology - September/October 2021 - 7
Magnetics Business & Technology - September/October 2021 - Driven by Global Pandemic, Magnetic Diagnostics Tools from Luminex Take Part in 98% Jump in Business
Magnetics Business & Technology - September/October 2021 - 9
Magnetics Business & Technology - September/October 2021 - 10
Magnetics Business & Technology - September/October 2021 - 11
Magnetics Business & Technology - September/October 2021 - 12
Magnetics Business & Technology - September/October 2021 - 13
Magnetics Business & Technology - September/October 2021 - 14
Magnetics Business & Technology - September/October 2021 - 15
Magnetics Business & Technology - September/October 2021 - World’s Most Powerful Tidal Turbine Launched Offshore Scotland
Magnetics Business & Technology - September/October 2021 - 17
Magnetics Business & Technology - September/October 2021 - Research & Development
Magnetics Business & Technology - September/October 2021 - 19
Magnetics Business & Technology - September/October 2021 - Product News
Magnetics Business & Technology - September/October 2021 - 21
Magnetics Business & Technology - September/October 2021 - 22
Magnetics Business & Technology - September/October 2021 - 23
Magnetics Business & Technology - September/October 2021 - 24
Magnetics Business & Technology - September/October 2021 - 25
Magnetics Business & Technology - September/October 2021 - Industry News
Magnetics Business & Technology - September/October 2021 - 27
Magnetics Business & Technology - September/October 2021 - 28
Magnetics Business & Technology - September/October 2021 - 29
Magnetics Business & Technology - September/October 2021 - 30
Magnetics Business & Technology - September/October 2021 - 31
Magnetics Business & Technology - September/October 2021 - Events Calendar/ Advertising Index
Magnetics Business & Technology - September/October 2021 - 33
Magnetics Business & Technology - September/October 2021 - Visions
Magnetics Business & Technology - September/October 2021 - Cover3
Magnetics Business & Technology - September/October 2021 - Cover4
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