Skip to main content

Ground Breaking Co-Diagnostics' CoPrimers(TM) Technology Advances SNP Detection

SNP Detection Plays Key Role in Detection of Cancer Along with Significant Agricultural and Food Security Applications

NEW YORK, NY / ACCESSWIRE / September 11, 2018 / At any given point, the genes of every human, plant, and animal are vulnerable to small but potentially significant variations. Detecting these variations (known as single-nucleotide polymorphisms, or SNPs), is big business for many industries, and Co-Diagnostics, Inc.'s (NASDAQ: CODX) CoPrimerâ„¢ platform technology may hold the key to all of them.

SNPs, often pronounced "snips," may be beneficial, such as those adaptations that result from external stimuli leading to increased production rates among crops, or enhanced resistance to diseases and other dangers of our environment. Other SNPs are harmful, and being aware of genetic predispositions towards cancer, mental illness, or heart disease in advance can allow us to take the preventative measures required to improve our quality of life years before being diagnosed with a disease or illness.

Medical applications of SNP detection include identifying the presence of cancer cells or cell-free genetic material in a tissue or liquid biopsy, and to determine the distinct type of cancer involved. SNP detection is also used in the agricultural industry to identify variations in crop genomes associated with desired characteristics such as higher yield, drought and disease resistance and improved seed viability.

So what makes CoPrimers so exceptional? Part of the secret lies in their ability to multiplex, or identify a broad spectrum of conditions in a single molecular diagnostic test procedure, as opposed to conducting several individual procedures. Co-Diagnostics believes this technology has been shown to be a vast improvement on precursor attempts at multiplexing due to its unique attributes, most notably its ability to virtually eliminate "primer-dimers" which are the source for false positive test results. A recently completed study confirmed the ability of CoPrimers to be used in multiplexed SNP reactions without re-optimization of primers to avoid primer-dimers, allowing researchers or technicians to utilize any combination of primer sets without concerns of cross-reactivity.

CoPrimers give researchers and developers an advantage in ensuring food production can keep up with the growing demand, the need for which is only projected to increase in the years to come. Superior SNP detection helps to identify the presence of beneficial molecular makers belonging to disease-resistant crops and livestock, as well as testing for mutations indicating the presence of harmful genes. A real-life example of applying CoPrimers to SNP detection in a medical environment includes being able to test for several specific mutation in genes linked to breast cancer in order to determine a patient's prognosis, initiate the most effective and affordable treatment and to determine whether chemotherapy is necessary.

These are large and growing markets where Co-Diagnostics technology is uniquely positioned to provide highly differentiated solutions, with great accuracy and cost-efficiency.

Co-Diagnostics' CoPrimer technology is paving the way to better molecular diagnostics, and the implications will be profound for all of us.

About Co-Diagnostics, Inc.:

Co-Diagnostics, Inc., a Utah corporation, is a molecular diagnostics company that develops, manufactures and markets a new, state-of-the-art diagnostics technology. The Company's technology is utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests to locate genetic markers for use in industries other than infectious disease and license the use of those tests to specific customers.

About BDA International, Inc.:

BDA International is an independent global Investor Relations firm offering a wide range of IR-related analysis, research and advisory services. In particular, we provide strategic action plans, and investor/market perception studies to help entities improve communication with customers and investors and increase their visibility.

Forward-Looking Statements:

This press release contains forward-looking statements. Forward-looking statements can be identified by words such as "believes," "expects," "estimates," "intends," "may," "plans," "will" and similar expressions, or the negative of these words. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. Forward-looking statements in this release include statements regarding the (i) use of funding proceeds, (ii) expansion of product distribution, (iii) acceleration of initiatives in liquid biopsy and SNP detection, (iv) use of the Company's liquid biopsy tests by laboratories, (v) capital resources and runway needed to advance the Company's products and markets, (vi) increased sales in the near-term, (vii) flexibility in managing the Company's balance sheet, (viii) anticipation of business expansion, and (ix) benefits in research and worldwide accessibility of the CoPrimer technology and its cost-saving and scientific advantages. Forward-looking statements are subject to inherent uncertainties, risks and changes in circumstances. Actual results may differ materially from those contemplated or anticipated by such forward-looking statements. Readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.

Investor Relations Contact:

BDA International

www.bda-ir.com

services@bda-ir.com

SOURCE: Co-Diagnostics, Inc.



View source version on accesswire.com:
https://www.accesswire.com/511719/Ground-Breaking-Co-Diagnostics-CoPrimersTM-Technology-Advances-SNP-Detection

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.