Q-linea has Solved the Component Problem

Date : 26/03/2020 @ 15:47
Source : PR Newswire (US)

Q-linea has Solved the Component Problem

STOCKHOLM, March 26, 2020 /PRNewswire/ -- Q-linea AB (publ) (OMX: QLINEA), today announced that the problem discovered in October last year has now been solved. With respect to the component that previously caused a delay in the clinical trials eight ASTar systems have now worked flawlessly since November.

In October 2019, Q-linea identified problems with an important component from a third-party manufacturer. Together with the component manufacturer, Q-linea quickly identified and corrected the minor modifications and improvements that needed to be made. The solution has now been tested on eight ASTar systems that have worked flawlessly since November and the problem with the component is now resolved.

"A number of the systems have also been used in our new micro lab, i.e. in the same environment as at a customer and we feel completely safe in writing the problem off for good," said Jonas Jarvius, CEO of Q-linea.

The next important milestone for Q-linea is the launch of ASTar together with Thermo Fisher Scientific.

"In these troubled times, we see the tremendous strength of having a worldwide partner and it feels very good to have fully written this problem off before launch. We look forward to the launch together with Thermo Fisher Scientific," said Jonas Jarvius.

ASTar® in short

ASTar® is a fully-automated system for rapid antimicrobial susceptibility testing (AST), directly from a positive blood culture. ASTs can determine effective treatment for patients with sepsis 24-40 hours faster than current methods. ASTar shortens time to results and provides a complete resistance profile with MIC values within three to six hours, enabling rapid optimal antibiotic treatment of patients with sepsis. The technology has great potential to save lives, reduce hospital costs, avoid unnecessary antibiotic treatment and slow the development of resistant bacteria.

For more information, please contact:
Jonas Jarvius, CEO, Q-linea AB
Jonas.Jarvius@qlinea.com
+46-(0)-70-323-77-60

Anders Lundin, CFO, Q-linea AB
Anders.Lundin@qlinea.com
+46-(0)-70-600-15-20

The information was submitted for publication, through the agency of the contact persons set out above, at 16:30 CET on March 26, 2020.

About Q-linea

Q-linea is an innovative research, development and manufacturing company that primarily develops instruments and disposables for rapid and reliable infection diagnostics. Q-linea's vision is to help save lives by ensuring antibiotics continue to be an effective treatment for future generations. Q-linea develops and delivers preferred solutions for healthcare providers, enabling them to accurately diagnose and treat infectious disease in the shortest possible time. The company's lead product ASTar® is a fully automated instrument for antibiotic susceptibility testing (AST), giving a susceptibility profile within six hours directly from a positive blood culture. For more information, please visit www.qlinea.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/q-linea/r/q-linea-has-solved-the-component-problem,c3069938

The following files are available for download:

https://mb.cision.com/Main/17731/3069938/1218608.pdf

Press release (PDF)

Copyright 2020 PR Newswire

ADVFN Advertorial
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20200405 13:30:26