NEW YORK, Oct. 24 - Xanthon has won a patent in Australia that covers a method of directly detecting biomolecules through a “transition-metal-mediated, catalytic, oxidation-reduction reaction,” the company said on Wednesday.

The patent, numbered 724,600 and entitled "Electrochemical detection of nucleic acid hybridization," is owned by the University of North Carolina at Chapel Hill and is exclusively licensed to Xanthon on a worldwide basis.

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