NanoLogix BNPâ„? Rapid Diagnostics, and the Marketplace: An Overview
HUBBARD, OH--(MARKET WIRE)--May 13, 2009 -- The BNPâ„?(BioNanoPore) test kit from NanoLogix, Inc. (Other OTC:NNLX.PK - News) has broken the speed barrier for rapid detection of virtually any microorganism currently tested with traditional Petri technology. This marks a revolutionary step in the field of "rapid diagnostics" of microbes, and opens a potentially vast market to NanoLogix.
One of the foremost biomedical research centers in the U.S. recently verified that the BNPâ„? detected anthrax cultures four times faster, and bubonic plague two times faster than traditional Petri plate methods. NanoLogix in-house lab tests have detected E coli, Staph and other microbial cultures up to six times faster than traditional Petri technology.
Worldwide, the overall use of industrial microbiology testing grew to 1.5 billion tests in 2008. In dollar volume, the market for rapid diagnostics tests alone is projected to reach $3.15 billion by 2009.
Information on the BNP(TM) technology and testing is available at the following link: www.nanologix.com.
The BNPâ„?can be used in any field or industry that requires microbiological testing utilizing traditional Petri methods. In addition to Homeland Security and Defense arenas, this includes application in medical, governmental, environmental, food, water and beverage, industrial, and pharmaceutical laboratories and manufacturing facilities. With the ability to detect microbes in a fraction of the standard time, the BNPâ„? can save time, money and lives.
Homeland Security and Defense: More rapid confirmation of biological agents can speed decontamination procedures. Public, governmental and industrial buildings, airports, military and civilian equipment can return to use faster and with reduced complications.
Disease Detection and Treatment: Ultra-fast test results enable viewing of pathogens at a much earlier stage than with conventional Petri methods. The BNPâ„?can contribute to improved and more targeted disease treatment and assist in the prevention of the spread of disease. Antibiotic-resistant microorganisms are a fast-growing medical problem. Currently it takes as long as 1-3 days to identify these bacteria from patient samples. BNPâ„?can shorten this time significantly.
Drug Manufacturing and Testing: The BNPâ„?can be used to reduce time needed to screen pharmaceutical products during the production process. Monitoring of the processes for growth of microorganisms and contamination control must be done several times during manufacture.
Personal Care Products: The BNPâ„?can aid in the quality control of products such as shampoo and hair conditioner, mouthwash, cosmetics, toothpaste, shower gels containing natural or organic ingredients.
Veterinary Medicine: Using the BNPâ„? microbiological safety of animal foods may be confirmed at two to six times the speed of conventional tests. This could impact all levels of animal production, from raising animals to processing and distribution.
Food and Beverage Industries: Contamination of dairy and vegetable products by microbes such as botulism, salmonella, and brucellosis can halt processing and distribution, damage a brand, and lead to costly recalls. Many foods and beverages have a restricted storage time, often just a few days. By reducing testing times, the BNPâ„?can add to the market life of products.
Water Safety and Environmental Testing: The BNPâ„?can rapidly detect giardia, legionella, and other pathogens from fecal matter. The faster the detection, the sooner prevention or water treatment methods can be implemented.
About NanoLogix, Inc.
NanoLogix is a biotechnology company focused primarily on medical diagnostics. Its products offer accelerated detection and identification of microorganisms present in infectious and non-infectious human diseases, such as tuberculosis, NTM, pneumonia, HIV/AIDS, cancer, cystic fibrosis, anthrax, and plague. In addition to medical and homeland security applications, NanoLogix technology is applicable in pharmaceutical, industrial, veterinary and environmental testing.
Patents granted to NanoLogix can be used in the areas of applied microbiology, soil microbiology and bioremediation, microbial physiology, molecular biology, pharmacology, pharmaco-kinetics, antibiotic sensitivity, stem-cell research, and bioreactor-based hydrogen generation.
More information on NanoLogix is available at www.nanologixinc.com.
This press release contains statements, which may constitute "forward- looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of NanoLogix, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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