Patent Awards
May 14 2001 - 3:00AM
UK Regulatory
RNS Number:5163D
Osmetech PLC
14 May 2001
Osmetech plc
14 May 2001
Osmetech Awarded Microbiological
"Electronic nose" Patents
* Four new patents granted to further support Osmetech's core sensor
technology and healthcare strategy.
* Latest patents add to the IPR of the Company, which already has the
largest patent portfolio in electronic-nose industry.
Osmetech plc, the UK-based developer of electronic sensors able to detect
disease-causing bacteria in human samples, has today been awarded four new
patents. Taken together with Osmetech's existing portfolio of patents (already
the largest in its field) the announcement today means that the Company has
further consolidated its lead on the rest of the electronic-nose industry in
terms of IPR. Osmetech now has a total of 52 patents covering its sensor
technology and applications.
Osmetech's technology platform is built on a unique product consisting of an
array of conducting polymer sensors, which are able to detect volatile gases
emitted by disease-causing bacteria. The Company is concentrating on
developing applications for the global healthcare market, including sensors
that can detect for bacteria associated with urinary tract infections (UTIs),
bacterial vaginosis (BV) and pneumonia in ICU patients.
The new patents, three of which relate to the Company's core sensor technology
and one to the field of healthcare, have been awarded by a combination of U.S.
and E.U. patent offices.
James White, Chief Executive, Osmetech plc said:
"Today's announcement signals an unequivocal strengthening of Osmetech's first
mover advantage in the healthcare segment of the electronic nose industry. The
award of these patents lends further credence to our core technology and
cements the Company's position as world number one in its field."
Enquiries
Osmetech 01270 216 444
James White, Chief Executive
Bell Pottinger Financial 020 7353 9203
Matthew Moth/Rebecca Fox
Notes to Editors
* Osmetech plc designs, develops and manufactures electronic odour sensors
(electronic noses) for use in the healthcare sector. Osmetech's
multi-sensor array based gas sensing technology screens patient samples
and tests for the presence of infection-causing bacteria. The Company has
become a world leader in electronic nose development, with the use of its
conducting polymers produced by the electro-polymerisation of derivatives
of polypyrole, polyaniline and polythiophenes.
* The Company, which is based in Crewe, is currently focusing its IP
development on sensors that can detect bacteria associated with urinary
tract infections (UTIs), bacterial vaginosis (BV) and pneumonia in ICU
patients.
* In January 2000, Osmetech announced that the first set of trials of its
UTI sensor product had been successful. The trials, which were carried out
at St Thomas', London, and the Brigham & Women's Hospital, Harvard, USA,
enabled the company to obtain "proof of concept" status for its
technology.
* In October 2000, the Board of Osmetech announced that, following a large
proof of concept study at St George's Hospital Medical School, London,
Osmetech's Bacterial Vaginosis (BV) Microbial Analyser matched the
diagnostic performance of the existing "gold standard" diagnostic test.
* In April 2001, the Company announced that it had submitted its UTI
sensor technology for approval by the U.S. Food and Drug Administration
(FDA). FDA approval of Osmetech's UTI sensor technology would represent
the strongest possible regulatory endorsement of the Company's core
technology. Contingent on receiving FDA approval, Osmetech intends to
bring its sensor technology to market, by signing up a suitable licensing
partner in the United States, where the size of the healthcare market
provides enormous opportunities.
* This document does not constitute an offer of the Company's securities
for sale in the United States. The Company's securities may not be offered
or sold in the United States absent registration or exemption from
regulation. No public offering of the Company's securities is being made
in the United States.
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