PR84022

IRVINE, California, May 13, 2019, /PRNewswire-=KYODO JBN/--

Irvine, California-based Fluxergy LLC, a diagnostic test company, is making a

$30 million investment to expand its capability to scale production of the

Fluxergy Analyzer diagnostic testing system in response to the COVID-19

pandemic.

The Fluxergy system, utilizing state-of-the-art PCR and microfluidics

technology, has been shown to accurately identify the SARS-CoV-2 virus in one

hour in studies conducted by the company, and by physician-scientists at the

University of California San Diego. Fluxergy has started additional validation

studies at world-leading health systems and plans to continue making its

testing platform available as a Research Use Only (RUO) system for suitable

partners during the current public health emergency.

"We anticipate that our significant investment to step up our manufacturing

capability will enable Fluxergy to deliver as many as one million tests per

month by the end of 2020, reflecting our confidence in our technology as an

innovative solution to COVID-19 testing shortages," said Dr. Ali Tinazli, Chief

Commercial Officer of Fluxergy.

Fluxergy recently filed a request for an Emergency Use Authorization (EUA) with

the U.S. Food and Drug Administration (FDA) to permit medical sites with

CLIA-certified high complexity laboratories to begin using the company's

high-speed test system for COVID-19 in accordance with the scope of FDA's

authorization.

About Fluxergy

Fluxergy, launched in 2013 with funding support of principal investor and

Kingston Technology co-founder John Tu, seeks to provide a portable, easy to

use sample-to-answer POC platform that enables clinicians to cost-effectively

conduct a wide range of multiplex and multimodal in vitro diagnostic tests

(different types of tests all at once, up to 30 targets). Visit fluxergy.com

for more information.

Photo - https://mma.prnewswire.com/media/1167640/FluxergyAnalyzerSystem.jpg

Photo -

https://mma.prnewswire.com/media/1167641/Fluxergy_Co_Founder_President.jpg

CONTACT: Dr. Ali Tinazli, atinazli@fluxergy.com +1 (310) 467-1112

Source: Fluxergy