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Medicortex Finland Announces Agreement with Richmond Hill-Based Pro-Lab
Back to SearchRichmond Hill based Pro-Lab Diagnostics and Finland based Medicortex bring groundbreaking research for early detection of Traumatic Brain Injury (TBI) to Canada
Medicortex Finland is dedicated to improving the diagnosis, treatment and prevention of acute neurodegenerative conditions and is currently focused on developing a diagnostic kit for the detection of Traumatic Brain Injury (TBI).
Toronto, May 24, 2018 – The Richmond Hill Center for Business Development (CBD) today announced an Agreement that will see an investment by Richmond Hill-based Pro-Lab Diagnostics into Medicortex, a Finland – based company that is developing a unique biomarker test based on one of the body fluids to determine whether victims have sustained a brain injury as a result of a hit to the head from a fall, a vehicular accident or a sports related activity. At this time, no accurate and definite diagnostic tool exists for such brain injuries.
Pro-Lab Diagnostics will also serve as a general distributor for Medicortex in Canada while, at the same time, providing assistance in regulatory work including Health Canada approval.
Medicortex
Medicortex Finland Oy was founded in June 2014 as a BioTurku member; its laboratories are located in the Turku Science Park Bioincubator. The company is developing a novel diagnostic kit and new drugs to halt the process of neuronal degradation that persists following brain injury. Medicortex’s aim is to develop a simple, easy-to-use and inexpensive test based on a biomarker found in one of the body fluids.
Pro-Lab Diagnostics
Pro-Lab Diagnostics’ mission is to deliver today, and research for tomorrow. This is accomplished through extensive onsite research and development, leading to the manufacture of high quality and cost effective immunodiagnostic reagents.
Additionally, Pro-Lab Diagnostics distributes a wide array of innovative products sourced from leading companies from around the globe. Disciplines covered include Clinical Microbiology, Molecular Biology, Transfusion Medicine, Instrumentation, Women’s Health and much more. Pro-Lab Diagnostics also specializes in OEM (private label) packaging and welcomes new business opportunities.