|By PR Newswire||
|January 7, 2014 03:00 AM EST||
LONDON, Jan. 7, 2014 /PRNewswire/ -- Based on its recent analysis of the Lab-on-a-Chip (LOC) nanodevices market, Frost & Sullivan recognizes Ostendum R&D BV (Ostendum) with the 2013 European Frost & Sullivan Award for Technology Innovation Leadership. Ostendum is a group of companies focused on the development and production of fast, highly sensitive, portable, easy-to-use and cost-effective biosensors for the instantaneous detection of micro-organisms and biomolecules, including biomarkers, proteins and nucleic acids. The group has successfully created proprietary LOC nanodevices, based on an integral optical technology platform developed by Aurel Ymeti, who is the co-founder and CTO of Ostendum, during his doctoral research that was previously highlighted in Technical Insights of Frost & Sullivan. Ostendum's LOC nanodevices have detection limits that are at least 100 times deeper than currently available LOC devices.
Click here for the full multimedia experience of this release - http://bit.ly/19YNxTs
Ostendum's chip has at least four independent sensing channels, one of which is used as the reference channel, while the other three constitute the measurement channels. As the latter three can be used to perform the simultaneous detection of three different analytes, it confers the device multiplexing capabilities. Using Ostendum's technology, one can analyze most complex samples such as full blood or whole milk.
The company has constructed a novel method of measurement, wherein one analyte or class of analytes is detected selectively. It involves the pre-coating of each measurement channel with a unique receptor layer. The receptor, typically an antibody, can specifically bind to one class of micro-organisms or biomolecules, whereas the antigen is specifically bound at the measurement channel. This feature distinguishes the product, enabling the user to pre-coat the LOC system with the desired receptors or use pre-coated disposable LOC systems provided by Ostendum.
"By confining the samples containing the test fluid to the microfluidic inlet of the LOC system, the device offers continuous flow, enabling the monitoring of samples in-line and in real time," said Frost & Sullivan Senior Research Analyst Cecilia Van Cauwenberghe. "It guarantees continuous flow and homogeneity by means of a micro-pump located in such a way that the channels are specifically addressed on the chip."
In addition to multiple applications in human healthcare, Ostendum's technology platform is applied in veterinary and plant health, food and beverage, environment and security monitoring. Similarly, LOC devices can be utilized for onsite drinking and waste water analysis, untreated (raw) milk, beverages and food sampling, among many others.
Ostendum's LOC nanodevice will find wide application in early disease diagnostics, especially for cancer and heart diseases. Some of its future applications could include food analysis, e.g. species-specific (Halal) tests, safety, environmental monitoring and R&D pharma.
Ostendum is currently speeding up the development of its LOC system to be pre-packed and pre-coated as a low-cost disposable. In the context of this development, Ostendum is preparing to increase its device multiplexing capabilities to aid the simultaneous detection of up to ten different analytes in a single sample.
Frost & Sullivan finds that being an industrial partner with the University Twente, the Research Institute for Nanotechnology, MESA+, and the High Tech Factory initiative, Ostendum is positioned as an innovator leader in Europe. As evidence of its commitment to extend its technology's application to diverse markets, Ostendum has applied for a portfolio of selected patents.
"However, beyond all its superior features, it is the technology's portability, easy-handling, light weighting and minimal power requirement that make it suitable for a broad spectrum of applications and industries," noted Van Cauwenberghe.
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing a technology, which significantly impacts both the functionality and the customer value of new products and applications. The award lauds the relevance of the innovation to the industry.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
Ostendum is a group of companies that commercializes Lab-on-a-Chip optical biosensing nanodevices for detection of micro-organisms, biomarkers, (bio-) molecules and nano-particles. Ostendum develops and produces both the necessary hardware and software, including its own Lab-on-a-Chip system. Ostendum's Lab-on-a-Chip interferometric nanotechnology is unique, being completely label-free, instantaneous - analysis is performed literally within minutes - and extremely sensitive, being at least 100 times more sensitive than all currently available competing detection methods. This has enabled, among others, detection of various bacteria in whole milk, numerous viruses in (human/patient) serum and many biomarkers in plasma and full blood without time-consuming pre-concentration handling, contributing to faster analysis and savings on operational costs.
Ostendum's technology, which is qualified by Forbes as one of the "13 Amazing New Nanotechnologies", is versatile and broadly applicable in areas such as human healthcare for (early) disease diagnosis and as a tool for personalized medicine at point-of-care, veterinary and plant health, food and beverage safety, drinking/waste water monitoring, biological warfare and R&D markets.
Ostendum raised venture capital from the public-private incubator fund UT International Ventures and from Achmea, the largest health insurer of the Netherlands.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
P: +44 (0)20 7915 7869
SOURCE Frost & Sullivan
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Dec. 4, 2016 05:30 AM EST Reads: 1,747
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes how...
Dec. 4, 2016 04:45 AM EST Reads: 4,940
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Dec. 4, 2016 04:30 AM EST Reads: 1,546
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
Dec. 4, 2016 04:30 AM EST Reads: 828
Amazon has gradually rolled out parts of its IoT offerings, but these are just the tip of the iceberg. In addition to optimizing their backend AWS offerings, Amazon is laying the ground work to be a major force in IoT - especially in the connected home and office. In his session at @ThingsExpo, Chris Kocher, founder and managing director of Grey Heron, explained how Amazon is extending its reach to become a major force in IoT by building on its dominant cloud IoT platform, its Dash Button strat...
Dec. 4, 2016 04:00 AM EST Reads: 6,221
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
Dec. 4, 2016 04:00 AM EST Reads: 4,942
Internet-of-Things discussions can end up either going down the consumer gadget rabbit hole or focused on the sort of data logging that industrial manufacturers have been doing forever. However, in fact, companies today are already using IoT data both to optimize their operational technology and to improve the experience of customer interactions in novel ways. In his session at @ThingsExpo, Gordon Haff, Red Hat Technology Evangelist, will share examples from a wide range of industries – includin...
Dec. 4, 2016 03:45 AM EST Reads: 1,544
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 4, 2016 02:15 AM EST Reads: 858
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
Dec. 4, 2016 02:00 AM EST Reads: 3,782
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Dec. 4, 2016 12:30 AM EST Reads: 1,783
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Dec. 3, 2016 11:00 PM EST Reads: 4,156
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 3, 2016 11:00 PM EST Reads: 961
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Dec. 3, 2016 09:30 PM EST Reads: 1,613
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Dec. 3, 2016 09:30 PM EST Reads: 1,773
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
Dec. 3, 2016 08:00 PM EST Reads: 3,958