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Avalon’s Laboratory Services MSO Launches Innovative Laboratory Test for Tuberculosis
New Proprietary Testing Method Makes Tuberculosis Diagnosis Easier and Faster New Test Method Expected to Generate Revenue in 2023 FREEHOLD, N.J., Aug. 30,
About this update from Avalon Globocare Corp.
[{"type":"text","content":"New Proprietary Testing Method Makes Tuberculosis Diagnosis Easier and Faster New Test Method Expected to Generate Revenue in 2023 FREEHOLD, N.J., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and provider of clinical laboratory services, today announced that Laboratory Services MSO, LLC (“LSM”) is now offering an in-house laboratory developed test (“LDT”) to detect Tuberculosis (“TB”) using a patient’s sputum sample. Avalon owns a 40% interest in LSM. LSM’s new polymerase chain reaction (“PCR”) test allows for accurate and rapid identification of Mycobacterium tuberculosis (“Mtb”) from samples. The use of sputum samples to detect Mtb provides easier collection and transport than blood samples, which are used in protein-based chemiluminescent immuno-assays. TB is an airborne, highly contagious, infectious disease caused by Mtb. Most frequently, TB affects the lungs, however, it can also cause disease in any part of the body, such as the lymph nodes, bones, brain, eyes and other organs. TB is a serious disease that kills about 1.4 million people each year worldwide. TB infection begins without symptoms before becoming active. This inactive carrier state is called latent TB infection (“LTBI”) and can persist for weeks, months, or years before developing into active contagious disease. Rapid and accurate identification of Mtb is crucial for controlling the spread of the disease and treating patients for a faster recovery. The most frequently used diagnostic methods for tuberculosis are the tuberculin skin test, acid-fast stain, culture, and polymerase chain reaction. The skin test is a 120-year-old test, which requires the patient to make repeat visits to the clinic, followed by a chest X-ray to confirm a positive test result. The skin test takes several days to show a reaction. LSM’s PCR-based test can be performed in under 2 hours and the patient needs only one visit to the clinic to provide a sputum sample with no needle stick required. “LSM is at the forefront of new testing technology and developing new methods to improve on the standard diagnostic technologies,” commented, David Jin, M.D., Ph.D., President and Chief Executive Officer of Avalon. “We believe this is a revolutionary test as it detects a positive result within 2...