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Other Disclosures4549EIKEN CHEMICAL CO.,LTD.Pharmaceuticals

Notice regarding selection for a GHIT Fund research and development project — advancing development of a rapid diagnostic system to support the response to Ebola virus disease

The project was selected for a GHIT Fund research and development program, and with Eiken Chemical Co., Ltd. as the lead institution, prototype development will begin for a LAMP-based test reagent capable of detecting Bundibugyo virus within 15 minutes.

Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
15
Minutes (expected time to obtain a result)
Wording
Conditional
How definitive the wording is.

Announced details

Prototype LAMP-based test reagent and rapid diagnostic system for detecting Bundibugyo virus (BDBV)
Applicable field (uses covered by this announcement)

Rapid diagnosis and public health measures for Ebola virus disease and Bundibugyo virus infection

Launch dateNot disclosed (the Company aims to complete prototype development within a short period)
What the company reported numerically
Quantitative Effects

The expected specification is for results to be obtained within 15 minutes. The system is expected to maintain sensitivity equivalent to that of existing real-time PCR methods and to be usable with multiple real-time PCR instruments.

Relationship between the counterparty and the company
EIKEN CHEMICAL CO.,LTD.4549
Relationship with the Company

The Company applied to GHIT Fund for the research and development project and was selected as the lead research institution.

CounterpartyGlobal Health Innovative Technology Fund (GHIT Fund)

An international public-private partnership originating in Japan, involving the Japanese government, private-sector companies and the Gates Foundation, among others. It supports the research and development of therapeutics, vaccines, diagnostic products and other technologies for infectious diseases prevalent mainly in developing countries. Location, representative, capital and year established: not disclosed

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredPrototype LAMP-based test reagent and rapid diagnostic system for detecting Bundibugyo virus (BDBV)
CounterpartyGlobal Health Innovative Technology Fund (GHIT Fund)
Counterparty overviewAn international public-private partnership originating in Japan, involving the Japanese government, private-sector companies and the Gates Foundation, among others. It supports the research and development of therapeutics, vaccines, diagnostic products and other technologies for infectious diseases prevalent mainly in developing countries. Location, representative, capital and year established: not disclosed
Relationship with the CompanyThe Company applied to GHIT Fund for the research and development project and was selected as the lead research institution.
Launch dateNot disclosed (the Company aims to complete prototype development within a short period)
Applicable areaRapid diagnosis and public health measures for Ebola virus disease and Bundibugyo virus infection
Quantitative EffectsThe expected specification is for results to be obtained within 15 minutes. The system is expected to maintain sensitivity equivalent to that of existing real-time PCR methods and to be usable with multiple real-time PCR instruments.
Items this document does not state (11)
Contract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleUsage historyImpact on Business PerformanceSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To respond to the spread of Ebola virus disease caused by Bundibugyo virus and facilitate the early identification of infected individuals, followed by isolation, medical care and contact-tracing measures.

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Notice regarding selection for a GHIT Fund research and development project — advancing development of a rapid diagnostic system to support the response to Ebola virus disease | EIKEN CHEMICAL CO.,LTD. (4549) timely disclosure | Komori