July 15th, 2024

ALZpath Signs Licensing Agreement with Beckman Coulter Diagnostics to Provide Proprietary pTau217 Antibody to Develop a Diagnostic Blood Test for Alzheimer’s Disease


Beckman Coulter to Utilize the ALZpath pTau217 Antibody to Detect Key Biomarker for Alzheimer’s Disease on its DxI 9000 Immunoassay Analyzer

July 15, 2024 – ALZpath, Inc., a leading developer of innovative diagnostic tools and solutions for Alzheimer’s disease and related dementias, announced today that it has signed a licensing agreement with Beckman Coulter Diagnostics, a global leader in clinical diagnostics, for use of its best-in-class ALZpath pTau217 antibody in a blood-based in vitro diagnostic (IVD) test on its DxI 9000 Immunoassay Analyzer to advance Alzheimer’s disease diagnosis.

The proprietary ALZpath pTau217 antibody, used in blood-based assays, has displayed high diagnostic accuracy, sensitivity, and reliability in detecting the presence and progression of Alzheimer’s disease – a critical need for clinicians and researchers as new treatments become more widely available to patients.

“Alzheimer’s disease affects tens of millions of people worldwide, but many remain undiagnosed and are consequently unable to be identified for clinical trials or get access to emerging treatments,” said Chad Holland, CEO and president at ALZpath. “Collaborating with Beckman Coulter to integrate our pTau217 antibody into a highly accurate blood-based test run on their DxI 9000 analyzers will significantly expand access to precise testing and early diagnosis for patients around the world.”

Blood-based assays, utilizing the ALZpath pTau217 antibody, have demonstrated similar diagnostic accuracy as traditional methods, such as PET imaging and cerebral spinal fluid (CSF) testing, but with the accessibility and affordability of a simple, less invasive blood test that can be administered in a variety of clinical settings.

“We recognize the critical need for more sensitive, precise, and scalable diagnostic testing for Alzheimer’s disease,” added Kathleen Orland, senior vice president, general manager, Chemistry, and Immunoassay for Beckman Coulter Diagnostics. “We selected ALZpath’s pTau217 antibody following rigorous evaluation due to its high performance in detecting amyloid pathology and ability to integrate into our advanced DxI 9000 platform to support broad-based testing. We are excited about the combination of ALZpath and Beckman Coulter innovations coming together to develop a new fully automated, high throughput, blood-based Alzheimer’s disease test for the millions of patients who suffer from dementia worldwide.”

Globally available, the DxI 9000 Immunoassay Analyzer is Beckman Coulter’s next generation immunoassay platform featuring the proprietary Lumi-Phos PRO substrate that enables development of clinically relevant, high sensitivity assays to support evolving healthcare needs. The DxI 9000 Analyzer combines this high sensitivity with market leading core laboratory throughput, reliability, reproducibility, quality, and an extensive core menu.

 

 

About ALZpath

ALZpath is a leading developer of innovative diagnostic tools and solutions for Alzheimer’s disease and related dementias. The novel ALZpath pTau217 antibody, integral to the most advanced, widely available blood-based tests to detect Alzheimer’s disease, is transforming its diagnosis and treatment monitoring, providing accurate and accessible tools for researchers and healthcare professionals worldwide. To help millions of patients in need, ALZpath democratizes access to its proprietary robust antibody, which is used by researchers, clinicians, and industry partners around the world to accelerate the discovery of new treatments and improve patient care.

To learn more about the company, please visit https://alzpath.bio/ and follow us on LinkedIn.


ALZpath Media Contact

Nechama Rosengarten

FINN Partners

Nechama.Rosengarten@finnpartners.com

+1(551)-444-0784


Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “expect,” “plan,” “anticipate,” “estimate,” “intend” and similar expressions (as well as other words or expressions referencing future events, conditions, or circumstances) are intended to identify forward-looking statements. Forward-looking statements in this news release are based on ALZpath’s expectations and assumptions as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Factors that may cause ALZpath’s actual results to differ from those expressed or implied in the forward-looking statements in this press release are discussed in ALZpath’s filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” sections contained therein. Except as required by law, ALZpath assumes no obligation to update any forward-looking statements contained herein to reflect any change in expectations, even as new information becomes available.