Biocartis announced that it received a grant of € 1.7M from the Flemish Government to further enhance the capabilities of its flagship platform Idylla™.
Biocartis will use this grant to develop, amongst others, its hybrid multiplexing technology aimed at detecting and quantifying multiple biomarker types with a single Idylla™ test. Biocartis is currently developing oncology assays that can already detect tens of biomarkers of the same type. Looking ahead, Biocartis is working on the detection of multiple biomarker types in a single test. Today this can only be accomplished by using several individual tests, often performed on different diagnostic systems or even in separate laboratories, making it a very costly process. The hybrid multiplexing technology opens the door to cost-effective, simultaneous testing of several actionable biomarkers from a single patient sample, allowing precision medicine at affordable cost.