Company Profile

Verax Biomedical Inc
Profile last edited on: 5/3/16      CAGE: 5U3C8      UEI:

Business Identifier: Rapid tests for detection of bacterial contaminants in cellular components for transfusion or transplant
Year Founded
1999
First Award
2002
Latest Award
2007
Program Status
Inactive
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Location Information

148 Bartlett Street
Marlborough, MA 01752
   (508) 755-7029
   information@veraxbiomedical.com
   www.veraxbiomedical.com
Location: Single
Congr. District: 03
County: Middlesex

Public Profile

Verax Biomedical is a privately held, venture backed medical products company, founded upon the vision of detecting bacterial contamination in cells and tissues intended for transfusion and transplantation. Recognizing that bacteria pose a unique infectious challenge in these life giving tissues, we realized that novel approaches to detection were called for. While these cellular materials are routinely tested for viral contaminants, bacteria have posed a long standing and heretofore poorly addressed challenge. Unlike viruses, bacteria can replicate outside of a living host, meaning they can grow in these cellular matrices during storage prior to transfusion or transplantation. This results in the unique dilemma of an infectious contaminant that can grow from unmeasurably low levels at the time of collection to massive levels at the time of transfusion or transplantation, posing a serious and often fatal risk to their recipient. Our vision is to create rapid tests that are practical to implement as close to the time of transfusion or transplantation as possible, thus enabling the detection and elimination of these contaminated materials from the inventory prior to their use. The first application of PGD technology is a test for use during Quality Control testing for the presence of bacterial contamination in human platelets. The Company's first product is the Platelet PGD Test — a rapid QC test for the detection of bacterial contamination in platelets

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
25-49
Revenue Range
2.5M-5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
1-4

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2007 2 NIH $2,671,143
Project Title: Rapid test to detect bacteria in platelet concentrates
2003 1 NIH $128,760
Project Title: Rapid test to detect bacteria in red cell concentrates

Key People / Management

  Jame Lousararian -- Chief Executive Officer

  Joe l Straight -- President

  Elizabeth Krodel -- VP of R&D

  Joe R Sanders Sr -- Founder and VP Marketing & Business Development

Company News

There are no news available.