Alveo Technologies has spent $80MM US developing a disruptive molecular test that is being used for animal, crop, food and human pathogen testing. We want to expand our library.
About
At Alveo, we strive to improve outcomes by making molecular detection and diagnostics universally accessible – whether that means on the farm, in the clinic, or even within industrial processes. We understand the value of detecting pathogens earlier where decisions and results can be most effective and impactful. Alveo’s be.well™ platform technology encompasses a unique method of nucleic acid amplification coupled with our proprietary direct electrical sensors, enabling improved outcomes across numerous market sectors and verticals at the point of need. Our platform was designed from the bottom up to enable detection and diagnosis of pathogens earlier given its portability, ease of use, robust and rugged design, multiplexing capability, high accuracy, coupled with fast times to result. Cloud connected and Bluetooth enabled, advanced data and analytics are available for reportable diseases, and monitoring and surveillance of new and emerging pathogens. Our aim is to help customers and patients prevent or significantly limit the negative, destructive impact viruses, fungi, bacteria, and other pathogens can have on our planet. In doing so, we are providing actionable insights at lightspeed, improving health outcomes, saving time, reducing cost, and improving yields. With Alveo, we Know Sooner, Act Faster™.
Key Benefits
- Proven technology (marketed product; ISO 13485 and CE-Mark)
- Portable and rugged molecular analyzer (can run it anywhere… truck, pocket, on the farm, pen-side, etc.; shake and drop tested)
- PCR-comparable sensitivity/specificity/Limit of detection (LoD)
- Multiplex capability, testing up to (7) pathogens per run
- Lowest COGS structure enables pricing flexibility depending on the market and applications/use cases
- Large reputable partners/customers in the Ag and Food sectors: Ag-Crops (Corteva), Ag-Livestock (Royal GD & X-OvO Diagnostics), and Bioindustrials (Cargill)
- Very easy to use product (anyone can run it) with fast times to result (~30 minutes)
- Cloud connected & real-time run data to the cloud for analysis and reporting (reportable diseases like Bird Flu), including geotracking data for disease/pathogen surveillance purposes
- Open Platform / Partnership Strategy with 3rd parties developing assays on our platform
Applications
Agriculture, Livestock, Companion Animals, Water Testing, Food Testing, BioProcessing