Bio-AMD, Inc.; Patent Application for Photovoltaic Sensor Array
LONDON, April 25, 2012 /PRNewswire/ — Bio-AMD, Inc. is pleased to announce that Bio AMD Limited, our majority owned medical devices subsidiary (“Bio-AMD”, “We” or the “Company” OTCBB: BIAD.OB, OTCQB: BIAD) has submitted a patent application for a light sensor component used in its Digital Strip Reader (“DSR”) device.
The patent application has been made to the UK Intellectual Property Office. The new light sensor is a vital part of the DSR used to detect the colour change of the lateral flow test strip to produce a semi quantitative digital measurement. It comprises multiple photodiodes formed on a single silicon wafer by vapour deposition, forming an integrated Quad Solar Cell Sensor (“QSCS”).
Compared to an array of individual photodiodes “packaged” together, the QSCS light sensor offers significant advantages; it is compact, able to cope with lower tolerances and has increased accuracy due to its uniformity. It is also far easier and cheaper to manufacture, the light sensor forming a significant proportion of the cost of the electronics in the DSR device. The QSCS can be produced for around only 1/5 of the cost of an equivalent “packaged” array. This cost of production saving is particularly relevant to DSR’s application to digital pregnancy testing, our initial target market for DSR licencing.
An initial run of QSCS sensor units has been produced for incorporation into DSR test units.
The DSR technology is a patented method of reading and quantifying traditional chromatography based, lateral-flow immunoassays including pregnancy and fertility testing, cardiac markers, infectious diseases and drug testing. Compared to existing analog tests DSR offers increased sensitivity and semi-quantitative measurement, allowing earlier diagnostic testing with improved accuracy.
The DSR hand-held reader device incorporates portability, scalability and repeatability with low manufacturing costs. Our technology also runs on photo-electric power, avoiding the need for chemical batteries and the disposal issues arising from them.
About Bio-AMD, Inc.
Bio-AMD has two majority owned UK subsidiaries: Bio-AMD Limited, a technology developer for medical diagnostic devices; and the WDX Organisation Ltd, the owner of the WOCUâ„¢, a global currency data reference source for application in financial markets. (www.wocu.com).
To find out more about Bio-AMD (OTCBB: BIAD), visit our website at www.bioamd.com.
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CONTACT: Bio-AMD, Inc.
Tom Barr, CEO
+44 (0)8445 861 910
SOURCE Bio-AMD, Inc.
April 25, 2012 – 8:30 AM EDT