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COINTURK FINANCE > Startup > ARPA-H Funds Owlstone Medical’s Breathalyser for Cancer Detection
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ARPA-H Funds Owlstone Medical’s Breathalyser for Cancer Detection

Overview

  • In an effort to enhance diagnostic methodologies, Owlstone Medical has secured a significant funding boost from the Advanced Research Projects Agency for Health (ARPA-H). The company’s initiative involves developing a non-invasive breathalyser platform, potentially revolutionizing early diagnosis in sectors such as oncology. This substantial financial backing consolidates Owlstone’s ambition to improve patient outcomes and reduce […]
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In an effort to enhance diagnostic methodologies, Owlstone Medical has secured a significant funding boost from the Advanced Research Projects Agency for Health (ARPA-H). The company’s initiative involves developing a non-invasive breathalyser platform, potentially revolutionizing early diagnosis in sectors such as oncology. This substantial financial backing consolidates Owlstone’s ambition to improve patient outcomes and reduce the economic burden on healthcare systems by providing accessible diagnostics.

Contents
How the Technology Works?Potential Impact of POSEIDON Funding?

Similar initiatives were previously undertaken by various medtech firms, though Owlstone’s approach appears distinct in its focus on volatile organic compounds and the deployment of synthetic sensors. While past efforts primarily targeted blood-based biomarkers, Owlstone is prioritizing breath and urine samples for its cancer detection tests. This approach of their technology offers a compelling alternative by facilitating home testing without lab visits, contrasting with more traditional diagnostics.

How the Technology Works?

The cornerstone of Owlstone’s technology is its Breath Biopsy® platform, which enables the detection of biomarkers through breath analysis. The process involves collecting samples using the ReCIVA® Breath Sampler, and analyzing these samples for specific volatile organic compounds. This non-invasive approach is complemented by the use of FAIMS microchip chemical sensors, which increase diagnostic accuracy for diseases like cancer and liver conditions. The company is collaborating with reputable institutions such as MIT and Georgia Tech to advance these tools.

Potential Impact of POSEIDON Funding?

The $49.1 million funding received under the POSEIDON program aims to advance multi-cancer early detection tests. These tests, which are designed for home use, focus on early-stage detection using breath and urine samples. Owlstone’s collaboration with international partners intends to make these tests widely available and economically feasible, targeting Stage I detection of over 30 solid tumors. This initiative aligns with Owlstone’s goal to save lives and reduce healthcare costs significantly.

The integration of test results with electronic health records is a major focus. The comprehensive data captured are seamlessly uploaded for evaluation by healthcare professionals, ensuring prompt integration into clinical settings. This facilitates real-time monitoring and can potentially expedite the intervention process. Moreover, the low-cost manufacturing and simplified sample collection further support broad adoption and impact.

As highlighted by Billy Boyle, CEO at Owlstone Medical, this funding emphasizes the significance of innovative diagnostic tools. He remarked,

“This award validates both breath as a diagnostic approach and Owlstone’s EVOC® probes as a reporter technology to overcome the shortcomings and challenges that have held back early cancer detection previously.”

. Boyle’s insights underscore the importance of removing barriers to early diagnosis, a theme that resonates across the healthcare sector.

This project could redefine the standards of early cancer diagnosis by making it more accessible. The potential to detect cancer early through simple, non-invasive means could have profound implications for patient care and healthcare economics. Furthermore, the collaboration with various academic and industrial partners brings an interdisciplinary approach that might boost the robustness and applicability of the technology.

• Owlstone Medical receives $49.1 million funding from ARPA-H.
• The firm is developing a non-invasive breathalyser for early-stage cancer detection.
• Breath Biopsy® platform focuses on Stage I detection using breath and urine samples.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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