In 2007, the molecular diagnostics market was worth $2.8 billion worldwide and growing at 15-20%,* and according to Q Chip CEO Mark Barry, ReaX MDx offers the first real alternative to lyophilisation. "In addition, the beads meet other requirements in the fast growing molecular diagnostics market sector, such as assay simplification combined with reproducible results and we are currently looking for licensing partners for this exciting technology".
The new ReaX MDx beads are produced from organic and hydrogel polymers in Q Chip's proprietary MicroPlantTM microfluidic device. The MicroPlant produces beads of extreme uniformity (<2% variability) that encapsulate all the reagents needed to perform the diagnostic assay. This means that ReaX MDx assays require minimal user input, time and skill level giving results that are accurate and reproducible every time, no matter where or by whom the assay is performed. The MicroPlant production technology also offers significant benefits compared to conventional microencapsulation processes, such as ultra-low wastage, uniform dosing and morphology, and low process costs.