NanoSpeed Diagnostics enters into Research Collaboration with Dynalife Dx

EDMONTON, Alberta – (January 18, 2016) – NanoSpeed Diagnostics Inc. (“NanoSpeed”) is pleased to announce a new multi-year research collaboration with Dynalife Dx Inc. (“Dynalife”) to develop new point of care tests to help patients obtain faster information on their own health.

“We strongly believe that point of care diagnostics are the simplest and fastest way for patients to access critical information on their health”, said Dr. Seema Gupta, President & CEO of Nanospeed. “We are very excited about our collaboration with Dynalife, given their deep expertise in laboratory diagnostics.  Their accreditations and commitment to quality means that we will be developing tests that meet the highest standards in Canada.”

Under the research collaboration agreement, NanoSpeed and Dynalife will work together to accelerate the development of NanoSpeed’s technologies which will provide critical new point of care tests to patients in Alberta.  NanoSpeed will further leverage their existing distribution network to export these tests globally.

“This partnership is another example of how we are supporting companies in our community to help diversify Alberta’s economy while enhancing patient health,” said Mr. Jason Pincock, CEO of Dynalife Dx Inc. “NanoSpeed’s unique focus on near patient testing will create the opportunity for new clinical delivery models and we are very interested in exploring the application of NanoSpeed technology here in Alberta .”

About DynaLIFE Dx

DL is Alberta’s largest privately owned Clinical Laboratory. DL is headquartered in Edmonton and employs over 1200 medical, technical, and support staff in Edmonton and throughout central and Northern Alberta. DL performs over 15 Million publicly funded laboratory tests annually for 1.5 Million Albertans in its state of the art laboratories. DL is recognized as one of Canada’s Best Managed Companies and is recognized consistently as one of Alberta’s Top 65 Employers. DL is accredited by the College of Physicians and Surgeons of Alberta and carries international accreditation through the College of American Pathologists. DL is a key training facility for laboratory training in Western Canada. For more information please visit: www.dynalifedx.com