Medical Device News Magazine

Cutting-edge Grant Helps Noze a Canadian Medical Startup Pave the Way in Tuberculosis Fight

Noze will further the impact of its unique technology with support from the Bill & Melinda Gates Foundation

About Medical Device News Magazine

About Medical Device News Magazine. We are a digital publication founded in 2008 located in the United States.

Advertise with Medical Device News Magazine! Join Our #1 Family of Advertisers!

We pride ourselves on being the best-kept secret when it comes to distributing your news! Our unique digital approach enables us to circulate your...

Noze

Canadian-based Noze, a global leader in the breath-based diagnostic space, announced today it received a new grant from the Bill & Melinda Gates Foundation, bringing the foundation’s total grant funding to Noze to $1.8 million. The announcement comes on the heels of World Tuberculosis Day, which was recognized on March 24th.

Clinical Study

The grant will fund a groundbreaking clinical study aimed at detecting tuberculosis (TB) in high-burden countries, using the company’s DiagNoze® — a handheld breathalyzer designed for the real-time detection and screening of various medical conditions, including infectious diseases such as TB. The cost-effective and rapid results offered by DiagNoze® are poised to shorten the time to diagnosis, facilitate earlier intervention, and significantly improve patient outcomes. Ultimately, the goal is for Noze to help enable universal access and play a vital role in the global fight against the spread of TB.

Karim Aly, CEO of Noze

“We’re thrilled to receive additional funding from the Bill & Melinda Gates Foundation. This new grant will support Noze’s capacity to profoundly influence the management and eradication of infectious diseases.”

Karim Aly, CEO of Noze

The World Health Organization reports that TB infects about 10 million people annually, with 1.5 million fatalities, making it the deadliest infectious disease globally. Even more troubling is that TB is both preventable and treatable, yet in low and middle-income countries—where the disease is most prevalent—screening options are hindered by limited availability, high costs, and an absence of rapid results.

“The power of our technology is in its unique ability to transcend geographical and economic boundaries, enabling even the most remote and underserved communities to benefit from diagnostic capabilities that were once exclusive to major health systems,” Aly explained. “The ability to perform high-yield, low cost screening of tuberculosis is a critical driver in ending the global epidemic. Faster, broader screening means earlier diagnosis and timely treatment, which results in less spread and fewer lives lost.”

With the second grant in place, Aly noted he expects the clinical study to begin in the fall of 2024.

Medical Device News Magazinehttps://infomeddnews.com
Medical Device News Magazine provides breaking medical device / biotechnology news. Our subscribers include medical specialists, device industry executives, investors, and other allied health professionals, as well as patients who are interested in researching various medical devices. We hope you find value in our easy-to-read publication and its overall objectives! Medical Device News Magazine is a division of PTM Healthcare Marketing, Inc. Pauline T. Mayer is the managing editor.

Other News

Shoulder Innovations Further Strengthens IP Portfolio in Key Areas with Recent Patent Grants

"These recent grants further strengthen key patent families that are foundational to our technology, and we are pleased the USPTO continues to recognize our meaningful innovation in the shoulder arthroplasty segment," said Rob Ball, CEO of Shoulder Innovations. "This noteworthy expansion of our IP position represents the culmination of over 10 years of research and development, and we are proud of our team for their continued dedication to creating practical solutions for shoulder surgeons and advancing patient outcomes."

Radical Catheter Technologies Presents Analysis of Disruptive, Recently FDA-Cleared Endovascular Technology at the Society of NeuroInterventional Surgery 21st Annual Meeting

This new catheter, the first product commercialized from this novel technology platform, is designed to enable access to the blood vessels in the brain for both femoral and radial access. A multi-center analysis of this disruptive technology is being presented today at Society of NeuroInterventional Surgery 21st annual meeting. In addition, the Company confirmed the closing of a $20 million financing round led by NeuroTechnology Investors, which will be used to scale the company and expand the Radical platform notes Radical Catheter Technologies.

Rapid Medical™ Completes Initial Neurovascular Cases in the USA Following FDA Clearance of Its Active Access Solution

“With DRIVEWIRE, our design goal was to bring new levels of access and control to the interventional suite while improving best-in-class guidewires,” comments Giora Kornblau, Chief Technology Officer at Rapid Medical. “When physicians are looking for technologies that increase the clinical possibilities and safety for the patient, we want Rapid to be the first place they look.”