ACOA lends $3 million to develop portable lab

The Atlantic Canada Opportunities Agency is providing a $2.99 million loan to Alentic Microscience Inc., which has devised a pocket-sized diagnostic device that can generate test results in under five minutes, from any location, using only a drop of blood from a pinprick.

In collaboration with Honeywell International Inc., Alentic obtained a multi-million dollar contract with the Canadian Space Agency to develop specific diagnostic tests and a device to monitor astronauts’ immune systems in real time, according to a news release by the Atlantic Canada Opportunities Agency.

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