Health Logic Interactive Inc. (TSXV: CHIP.H)(OTCPK: CHYPF) has reported positive preliminary proof-of-concept test results of its first urine creatinine chip prototype (uC-Chip beta version), which successfully validated the clinically relevant detection range. In parallel to further optimizing and validating the uC-Chip beta version, the Company’s research team is working to advance the design and modeling of the integrated urine albumin-to-creatinine ratio chip (uACR-Chip) prototype. The Company is preparing for its pre-submission meeting with the United States Food and Drug Administration.
“We are proud of our latest achievement: successfully developing an initial prototype of the urine creatinine chip with supported preliminary validation data. This advancement brings us even closer to completion of our uACR-Chip, a lab-on-chip technology that we anticipate will allow for an accurate and sensitive test for chronic kidney disease at point-of-care,” stated David Barthel, CEO Health Logic Interactive Inc.
Health Logic, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use their patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone.
The company’s share price last traded at $0.495 with a 52 week high of $0.55 and low of $0.06.