⦠With options for using LamPORE in a fixed laboratory, or even in mobile community testing, the service is expected to broaden access to rapid, high quality testing to support people to return to work, to visit friends and relatives safely, and potentially assist with international travel where testing is accepted or required, given that LamPORE is a high-accuracy molecular test. 2 January 2020: Oxford Nanopore has raised GBP29.3M ($38.6M) in new capital and additionally ⦠Oxford Nanopore Technologies; Pacific Biosciences; Raindance Technologies Inc. Roche Holding AG. LamPORE is a new generation of COVID-19 test that uses Oxford Nanopore's sequencing technology. Oxford Nanopore has made strides in improving its accuracy levels. Biotech company Oxford Nanopore Technologies has approached investors in a bid to raise new funds at a valuation of £1.6 billion (around $2.1 billion), per The Sunday ⦠this combination allows both companies to provide clients with a high quality, highly scalable and highly professional product and a fully accredited laboratory services capability. ', Jay LeCoque, Executive Chairman of SourceBio International plc, said: 'The commercial relationship that we have developed with Oxford Nanopore is a valuable partnership that delivers essential testing technology and a high-quality service offering, at a crucial time in the worldwide effort to combat and manage the further spread of Coronavirus. C++ Engineer, Analysis Software Add Job to My Job Selections. The successful candidate will help support and implement new features stemming from the launch of Oxford Nanopore Technologiesâ LamPORE diagnostic tests. IP Group holds a 16% stake in Oxford Nanopore Technologies, which is an Oxford University spin-out focused on nanopore-based electronic molecular analysis systems. Oxford Nanopore Technologies valuation is $1.6 b, and annual revenue was £32.52 m in FY 2018. We're committed to being part of the solution in the UK public and private sectors, and pleased that our technology can support a transition back to work, leisure and family life. As the UK rolls out a vaccine programme, the importance of safeguarding workforces and customers, as well as friends and family, remains a priority for many businesses and individuals. As any top 10 list is invariably subjective, there are also several companies ⦠The company could be on a path to matching and even exceeding the accuracy of Illumina's short ⦠2 January 2020, Oxford, UK: Oxford Nanopore Technologies has raised £29.3M ($38.6M) in new capital and additionally facilitated the sale of £80.2M ($105.9) in secondary ⦠I assume this is what you came for. Very few commercial institutions have received this standard and it is a mandatory requirement from next summer 2021. The COVID-19 testing service using LamPORE will be offered as an additional service by SourceBio to complement its existing COVID-19 PCR Testing services which is currently used by the NHS, Private Healthcare providers and other commercial customers. This alliance effectively creates a 'total solutions approach' for both company's offerings by combining Oxford Nanopore's leading LamPORE COVID-19 test with our UKAS accredited laboratory services. Beyond testing for COVID-19, the nanopore platform is being explored by the scientific community for a broader range of analyses, including detection of multiple respiratory pathogens, characterization of drug-resistant bacteria, analysis of cancer samples and tissue matching for transplantation. Oxford Nanopore Technologies Limited ('Oxford Nanopore'), a ⦠LamPORE has been shown to have sensitivity of 99.1% and specificity of 99.6%. View Oxford Nanopore Technologies stock ⦠Roche â which once had an agreement with Pacific â shut down its 454 Life Sciences sequencing business in 2013, but a year later acquired the nanopore ⦠LamPORE is rapid and highly scalable, allowing for high performance test deployment in both high-throughput, traditional laboratory settings as well smaller, more local lab environments - addressing the need for rapid, routine testing of large numbers of people. © 2021 Verizon Media. NHS labs ⦠The test is being rolled out by the UK Government and beyond. 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