| [February 14, 2012] |
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Avesthagen Signs MOU with CosmosID™ for Improving Diagnosis and Management of Tuberculosis
BANGALORE, India --(Business Wire)--
Avesthagen Limited - India's leading systems biology biotechnology
company, has signed a MOU with CosmosID™, a U.S. based company for
collaborating to correctly diagnose and therapeutically manage
Tuberculosis treatment.
Tuberculosis or TB is a tropical disease caused by Mycobacterium
tuberculosis, a bacterium. Bacteria, in general and M.
tuberculosis, in particular, can mutate into various forms called
strains. Strains may be infectious or non-infectious and may vary in
their disease causing abilities or virulence. Traditionally, TB patients
are treated with antibiotics without an analysis of the strain involved.
This generic approach may cause problems as the strain involved may not
be virulent or may have developed resistance to a particular antibiotic.
Avesthagen and CosmosID will pool their expertise to identify the
particular TB strain and thereby support proper treatment. The
collaboration is expected to result in a new method for developing
diagnostic kits for rapid screening of patient samples.
According to Dr. Villoo Morawala-Patell, Founder & CMD of Avesthagen
Limited, "Tuberculosis is a serious infectious disease and the efficacy
of its treatment lies in accurate and rapid identification of the TB
strains. Avesthagen has been working on TB for some time and has
developed a genmic data pool. In CosmosID we have found a leader and
strong partner, developing rapid pathogen identification methods,
MetaSeq™ Genomics, to facilitate more precise diagnostic screening of
infectious disease in a single, rapid, and accurate test. The
collaboration will help in improving the healthcare in developing and
lesser developed countries where it is needed the most."
Dr. Rita Colwell, Founder and Chairman of CosmosID said, "We are proud
to be associated with Avesthagen on this important project. Our
collaboration will provide significant benefits for TB patients
worldwide and demonstrates a new paradigm for medical diagnostic
screening of infectious disease."
About Avesthagen Limited:
Avesthagen is India's leading integrated systems biology platform
company that focuses on achieving convergence of food, pharma and
population genetics leading to predictive preventive and personalized
healthcare. Avesthagen partners include multiple top 10 global companies
in each of its fields of research. Since its inception Avesthagen has
grown into one of India's leading healthcare biotech companies.
Avesthagen has developed clinically validated botanical bioactives and
has a strong pipeline of bio-similars.
www.avesthagen.com
Contact anilram@avesthagen.com
About CosmosID™, Inc.:
CosmosID™, Inc. is a privately owned company based in College Park, MD
that provides pathogen diagnostic software solutions for rapid
identification of pathogens, antibiotic resistant determinants, and
virulence factors. The Company works with customers in the fields of
microbial detection, product safety, biosecurity, bioforensics, and
medical diagnostics. Based on NextGen (News - Alert) sequencing, software, and
reference databases, it develops applications to identify environmental
microbial hazards, biothreat agents that endanger public health, and
pathogens that cause infectious disease.
For further information, contact Bob Evans, bob.evans@cosmosid.net
or www.cosmosid.com.

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