Business Wire

€2.3 Million Award by European Commission Will Support Deployment of ImmunoXpert™ to Reduce Antibiotic Misuse in Hospitals

Del

MeMed Ltd. announced today that the European Commission awarded €2.3 million to support AutoPilot-Dx, an international consortium with members from leading medical centers and industry that is coordinating the deployment of ImmunoXpert™ in Europe. The two-year award was granted through the prestigious Horizon 2020 Fast Track to Innovation Pilot, which recognizes outstanding business innovators.

"We are excited by the continued vote of confidence of the European Commission,” said Eran Eden, PhD, CEO of MeMed. “This award will allow us to strengthen our collaboration with clinical key opinion leaders and industry partners, with the goal of further solidifying the clinical utility and cost effectiveness of ImmunoXpert™ in reducing antibiotic misuse.”

Bacterial and viral infections are often clinically indistinguishable, leading to antibiotic overuse. This promotes the spread of drug-resistant bacteria – one of the leading global healthcare challenges of our time. As part of the solution, ImmunoXpert™ is an innovative diagnostic test that uses the body’s own immune system to accurately distinguish between bacterial and viral infections, thereby empowering physicians to make better informed antibiotic treatment decisions. ImmunoXpert™ has been validated in a series of clinical studies enrolling thousands of patients worldwide, is regulatory cleared for use in Europe (CE-IVD), and is currently in use in select centers of excellence.

"This award complements two previous highly competitive grants of over €9 million received from the European Commission, including the 2015 Small and Medium-sized Enterprise instrument awarded to support the development of ImmunoPoC™, our second-generation product for rapid point-of-care testing," said Dr. Kfir Oved, CTO of MeMed. The new grant will facilitate introduction of ImmunoXpert™ at additional leading medical centers, with the goal of monitoring the management of 1,200 children with respiratory tract infections (RTI) or fever without source, in a collaboration between University of Milan, University Hospital Mannheim, Tecan, Quantify Research, and MeMed.

In children, RTIs account for almost 50% of doctor visits and hospitalizations, with unexplained fever responsible for as much as 25% of pediatric ED visits. "A key intervention for reducing antibiotic overuse in respiratory infections is development and adoption of improved diagnostics," says Prof. Susanna Esposito, pediatric infectious disease specialist at the University of Milan and President of the World Association for Infectious Diseases and Immunological Disorders. "The EU grant will help us to further validate an innovative diagnostic to push the boundaries of the field."

Prof. Tobias Tenenbaum, Head of the Pediatric Infectious Diseases and Pulmonology Unit at the University Hospital Mannheim, states, "We welcome the opportunity to further evaluate the impact of ImmunoXpert™ on the management of febrile children in real working conditions."

About MeMed

MeMed is dedicated to improving patient lives through research, development, and commercialization of pioneering products that decode the immune system's distinct responses to different health and disease states. The company's most advanced product, ImmunoXpert™, accurately detects whether a patient has a bacterial or viral infection, with the aim of empowering physicians to make better informed antibiotic treatment decisions. ImmunoXpert™ is CE marked and approved for clinical use in the EU, Switzerland, and Israel. For additional information, please visit www.me-med.com.

Contact information

MeMed Ltd.
Asi Cohen, PhD, +972-4-8500302, x 109
asi.cohen@me-med.com
or
Media:
Brandwidth Solutions LLC
Debra Harrsch, 215-997-8575
dharrsch@brandwidthsolutions.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Celltrion Receives Positive CHMP Opinion for Herzuma® for Trastuzumab Biosimilar15.12.2017 22:13Pressemelding

Celltrion, Inc. (KOSDAQ: 068270) announced today that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) issued a positive opinion recommending that Herzuma® (trastuzumab biosimilar) be granted marketing authorization in the European Union (EU) for the treatment of patients with early breast cancer, metastatic breast cancer, or metastatic gastric cancer whose tumors have either HER2 overexpression or HER2 gene amplification. The CHMP’s opinion will now be sent to the European Commission (EC) for final review. Herzuma® is a biosimilar to Herceptin®i, a breast cancer and gastric cancer treatment antibody biologic drug developed by Genentech and marketed by Roche. Herceptin® is a blockbuster drug which had worldwide sales of CHF 6.8 billionii (US$6.8 billion) in 2016, of which CHF 2.1 billioniii (US$2.1 billion) was in

Takeda and TiGenix announce that Cx601 (darvadstrocel) has received a positive CHMP opinion to treat complex perianal fistulas in Crohn’s disease15.12.2017 12:34Pressemelding

Takeda Pharmaceutical Company Limited (TSE: 4502) (“Takeda”) and TiGenix NV (Euronext Brussels and NASDAQ: TIG) (“TiGenix”) today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA), in conjunction with the Committee for Advanced Therapies (CAT), has adopted a positive opinion recommending a marketing authorization (MA) for investigational compound Cx601 (darvadstrocel). Cx601 is expected to be indicated for the treatment of complex perianal fistulas in adult patients with non-active/mildly active luminal Crohn’s disease, when fistulas have shown an inadequate response to at least one conventional or biologic therapy.2 This recommendation marks the first allogeneic stem cell therapy to receive a positive CHMP opinion in Europe. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/201712

Bitcoin Romania and Twispay Announce Integration Partnership Providing Users with the Ability to Purchase Bitcoin with Bank Cards15.12.2017 12:21Pressemelding

Bitcoin Romania, leading Eastern European Bitcoin exchange & brokerage firm, and Twispay, Swiss-owned European payment processor and FinTech pioneer, today announced the availability of a payment integration that allows a global clientele to acquire Bitcoin and Ethereum cryptocurrencies using Visa and Mastercard bank cards. Unprecedented in Romania, this is one of the first East-Central European integration partnerships that allow consumers to use their cards to purchase cryptocurrency. Until recently, investors could only acquire cryptocurrencies through bank transfers and cash deposits, but the volatility of cryptocurrency markets dictates the need for additional operational flexibility. Investors require faster, safer, more reliable, and more comfortable ways to complete purchases. “One minute can make the difference between a million lost and a million earned. That is pr

Upon Conclusion of the Fourth Annual Forum for Promoting Peace in Muslim Societies, Scholars and Intellectuals Visit the Louvre Abu Dhabi Museum15.12.2017 11:38Pressemelding

A high-level delegation of dignitaries, scholars and intellectuals participating in the fourth annual Forum for Promoting Peace in Muslim Societies, visited the Louvre Abu Dhabi museum. The delegation was headed by H.E Mustafa Ceric, former Grand Mufti of Bosnia; alongside Sheikh Mohammad Mukhtar Ould Imbala, Head of Mauritania’s Fatwa & Grievances Supreme Council; H.E Amar Mirghani Hussein, Sudanese Minister of (religious) Guidance and Endowments; and H.E Salho Jay, Imam of the Juma Masjid in South Africa. The Forum was held in Abu Dhabi from 11-13 December 2017, with the participation of more than 700 scholars, intellectuals and religious dignitaries from around the world. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171215005255/en/ Group Photo of the Scholars and Intellectuals during their visit to the L

Kennedy Wilson Acquires 124-Unit Northbank Apartments in Dublin, Ireland for €45 Million15.12.2017 11:00Pressemelding

Global real estate investment company Kennedy Wilson (NYSE: KW) announces that it has acquired Northbank Apartments, a wholly-owned 124-unit apartment community in Dublin’s North Docks, for €45 million from Jarmar Properties Limited (In Receivership) acting through David Carson of Deloitte as Statutory Receiver, the lender being the National Asset Management Agency (“NAMA”). Situated in Dublin’s North Docks, Northbank is located just 50 meters from Kennedy Wilson’s existing 84-unit Liffey Trust apartments. The two buildings benefit from great transport links as the LUAS Red line is immediately adjacent connecting to Dublin’s city centre and main train stations in five minutes. “The successful acquisition of Northbank in such close proximity to our Liffey Trust asset allows us to leverage our existing presence and implement our value-add asset management strategy, including a

AML BitCoin Enters Phase II of ICO15.12.2017 09:00Pressemelding

NAC Foundation, LLC announces today that the initial coin offering for the AML BitCoin – the world’s only patent-pending compliant digital currency – has been extended for another month to accommodate a torrent of last minute, new coin purchasers and the demands of thousands of current owners of the coin, who have had difficulty navigating the process of establishing the specialized wallet required to hold the innovative digital currency. This second phase of the AML BitCoin initial coin offering will see an increase in the price of the coin, from US $1.00 to US $1.25. The company has already been contacted by prospective purchasers in the slightly higher priced Phase II, and anticipates a further price increase to US $1.50 within a week or two. HitBTC, one of the world’s largest and most active digital currency exchanges, was prepared to list the AML BitCoin for trading on

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom