Sysmex Corporation (HQ: Kobe, Japan; Chairman and CEO: Hisashi Ietsugu) has reached an agreement to invest in Astrego Diagnostics AB (HQ: Uppsala, Sweden; CEO: Ove Öhman). Through this investment, Sysmex aims to help commercialize a rapid drug susceptibility test1 that Astrego is developing for urinary tract infections.2
With this investment, Sysmex acquired 24.99% of Astrego’s shares.
Overview of Astrego | |||
Company name: | Astrego Diagnostics AB | ||
Established: | March 2017 | ||
Line of business: | Development of in vitro diagnostic products related to drug susceptibility | ||
Location: | Uppsala, Sweden | ||
Representative: | Ove Öhman, CEO |
Terminology | |||
1 | Drug susceptibility test: A test to determine the efficacy of various antimicrobial drugs against pathogenic bacteria detected in a sample. |
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2 | Urinary tract infections: The urinary tract runs between the kidneys and the urethral opening. Inflammations due to the incursion of bacteria into the urinary tract are known as urinary tract infections. Such infections can lead to bladder inflammation and pyelonephritis (inflammation of the kidneys). |
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3 | “Antimicrobial resistance among uropathogens that cause community-acquired urinary tract infections in women: a nationwide analysis.” Clinical Infectious Diseases. 2001;33(1):89–94. doi: 10.1086/320880. |
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4 | Identification test: A test to determine the name of bacteria that are the source of an infectious disease detected in a sample. |
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5 | Antimicrobial resistance: This phenomenon occurs when living organisms develop a resistance to a drug, whose efficacy is reduced or nullified as a result. Bacteria that have developed microbial resistance are known as antimicrobial-resistant bacteria. |