BRIEF

on BIOSYNEX (EPA:ALBIO)

Chembio Secures $5.7 Million Grant for Biothreat Detection Development

Stock price chart of BIOSYNEX (EPA:ALBIO) showing fluctuations.

Chembio Diagnostic Systems, a subsidiary of BIOSYNEX SA, has been granted $5.7 million to further develop its DPP® Biothreat Panel. This grant is provided by the U.S. Biomedical Advanced Research and Development Authority (BARDA) and aims to enhance point-of-care diagnostics for critical biothreat pathogens.

The DPP® Biothreat Panel targets three significant pathogens: Yersinia pestis, Francisella tularensis, and Burkholderia pseudomallei. These pathogens cause diseases like plague and tularemia, necessitating quick and accurate identification, particularly in resource-limited settings.

Using the proprietary Dual Path Platform (DPP®) technology, Chembio plans to obtain FDA clearance for the assay. The project continues its BARDA-supported successes, previously tackling diseases like Zika and COVID-19.

R. E.

Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all BIOSYNEX news