LAMP
On the heels of its COVID-19 test, the firm is developing a multiplex test for flu/COVID-19 and targeting tests for Streptococcus and STIs.
The firm submitted a low-cost RT-LAMP device and COVID test to the FDA for Emergency Use Authorization this week.
Lucira Health Enters Debt Facility of up to $80M
The debt financing, with Hercules Capital and Silicon Valley Bank, will help broaden the firm's commercial activities and bolster its capital reserves.
Based on RT-LAMP and commonly found hardware, the technology shows potential for detecting SARS-CoV-2 and other infectious diseases in low-resource settings.
The team was able to eliminate a key issue with using LAMP for SARS-CoV-2: false positives as a result of too-high sensitivity.