Market Overview
Matrix Sensors' technology platform is applicable to several large potential markets including:
- In Vitro Diagnostics
- Life Science R&D
- Environmental contaminant and gas sensing
In Vitro Diagnostics
Once a disease biomarker is determined by researchers to be related to a clinical need or diagnostic solution, a stable, commercial assay needs to be developed using the accumulated information. Matrix Sensors' chip based assay platform, could potentially speed development of new assays that can directly and sensitively measure these biomarkers in a label free format, eliminating both development time and cost. The flexibility of the Matrix technology may also enable point of care (POC) assays due to its small size and simple electronic readout of results.
Life Sciences R&D
In the life sciences, researchers require assays that deliver robust interrogation of biological systems rapidly and with high sensitivity, reproducibly and that provide levels of quantification across a range of different analytes and sample types. The limitations of current platforms result in tradeoffs between cost, data quality, reproducibility, time to results and ease of use. Matrix Sensors' products can replace or supplement ELISA, bead-based and electrochemiluminescence-based technologies in many applications. Matrix's initial application focus will be in the area of biomarker detection, anestimated $6B market.
Detection of Gases and Environmental Contaminants
Matrix Sensors' technology can also be deployed for gas sensing with applications in environmental and security monitoring. One such application is indoor air quality monitoring. Current air monitoring systems such as smoke detectors are not analyte specific. Matrix and its partner have identified the need for a high-density network capable of monitoring indoor air quality to provide energy efficient control of building air quality. Matrix Sensors plans to address this opportunity with a compact, low cost sensor-based product for gas monitoring and detection of airborne contaminants. A simple plug in device to measure airborne contaminants, similar to current air fresheners is entirely possible. Using a built-in wireless link, sensors can be networked to enable large area automated monitoring for the HVAC application as well as security surveillance in public places. Additionally, such sensors will be compact enough to embed in other devices, such as a smart phone, thus acting as a portable monitoring device, limited only be the on board application, the "APP".
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