VirIntel launches VirIntel COVID-19 Antibody test, delivering superior accuracy
VirIntel, LLC is the R&D
focused Immuno diagnostics startup located at the Frederick Innovation
Technology Center pursuing the goal of immunity intelligence. VirIntel is
leading the charge on the “know your immunity” movement in response to
COVID-19 Testing at VirIntel
VirIntel, LLC has developed and
commercialized a COVID-19 antibody test with demonstrated 100% specificity and
94% sensitivity in identifying individuals
with an adaptive immune response to SARS-CoV-2, indicating recent or prior
infection. The VirIntel COVID-19 Antibody Test measures
antibodies against two viral proteins, a receptor-binding domain (RBD) of spike
glycoprotein and nucleocapsid protein N, thus decreasing and eliminating false
positive results. RBD is considered to be the primary target for neutralizing
antibodies against SARS-CoV-2. Neutralizing antibodies inhibit infection of
human cells by SARS-CoV-2.
Dr. Maria Kireeva, head scientist
at VirIntel comments: “We designed our dual-antigen test to ensure the best
possible specificity without loss in the sensitivity of the test. Furthermore, this
is part of our broader approach to developing tests that measure antibodies
against multiple viral proteins and antigens as the means to evaluate the level
of protection offered by the immune system.”
The VirIntel COVID-19 Antibody
Test requires a blood draw at the point of care and the results can be analyzed
by any laboratory certified under the Clinical Laboratory Improvement
Amendments (CLIA), a federal government standard for ensuring quality
laboratory testing of humans.
The test is not available for home
About VirIntel, LLC
is a privately-held biotechnology company pursuing the goal of immunity
intelligence. VirIntel and its executive team have a successful track record of
partnerships with global companies interested in developing and commercializing
companion diagnostics, and provides expertise in both regulatory and laboratory
The Frederick Innovative Technology Center, Inc. (FITCI) is a business incubator and accelerator designed to cultivate entrepreneurship in Frederick, Maryland.
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U.S. DEPARTMENT OF COMMERCE ANNOUNCES 51 “BUILD TO SCALE” GRANTS TOTALING $47 MILLIONTO FUEL INNOVATION AND TECH-BASED ECONOMIC DEVELOPMENT
Contact: EDA Public Affairs Department, (202) 482-4085
October 5, 2022
WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding 51 “Build to Scale” grants – totaling $47 million – to organizations that support technology entrepreneurs, catalyze innovation and fuel economic growth.
EDA’s “Build to Scale” program provides annual grants that aim to accelerate technology entrepreneurship by increasing inclusive access to entrepreneurial support and startup capital. The 2022 awardees will leverage an additional $48 million in matching funds from a variety of private and public sector sources. These EDA investments support advanced manufacturing, bioscience, clean energy and blue economy clusters in regions throughout the United States.
"Strengthening technology ecosystems are a critical key to the Biden Administration's efforts to build a stronger America,” said Secretary of Commerce Gina Raimondo. “Innovation and entrepreneurship have long been keys to American success and will continue to strengthen our collective economic and national security, as well as individual prosperity and well-being.”
"EDA is proud to partner with this year's 'Build to Scale' grantees as they invest in entrepreneurs and create equitable access to capital in their communities," said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. "These projects will give the next generation of industry-leading companies a seminal boost that will result in job creation and private investment – potentially transforming a regional economy and creating economic opportunity beyond what we can foresee.”
The 2022 Build to Scale program was comprised of two competitions––the Venture Challenge and the Capital Challenge. The Venture Challenge supports programs that enable high-growth technology entrepreneurship and foster inclusive access to proven entrepreneurship support models. The Capital Challenge increases access to capital in communities where risk capital is in short supply by providing operational support for early-stage investment funds, networks, and training programs that focus on both traditional and hybrid equity-based financing.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.