Genedrive (AIM: GDR) Receives FDA Breakthrough Device Designation for MT-RNR1 ID Kit

July 15, 2024 08:04 AM BST | By Team Kalkine Media
 Genedrive (AIM: GDR) Receives FDA Breakthrough Device Designation for MT-RNR1 ID Kit
Image source: © Sofiaworld | Megapixl.com

Genedrive plc (AIM: GDR), a leader in point-of-care pharmacogenetic testing, has announced the receipt of Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) for its Genedrive® MT-RNR1 ID Kit. This designation accelerates the pathway for the MT-RNR1 ID kit to potentially revolutionize infant healthcare by screening for a genetic variant linked to lifelong hearing loss.

Innovation in Infant Care

The Genedrive® MT-RNR1 ID Kit is the first rapid point-of-care test designed to identify infants carrying a genetic variant that can lead to permanent hearing loss when exposed to certain antibiotics. By detecting carriers early in urgent care settings, healthcare providers can promptly administer alternative antibiotics, potentially saving thousands of children from lifelong disabilities.

Healthcare Impact and Economic Benefits

The breakthrough designation underscores the kit's potential to significantly improve patient outcomes and reduce healthcare costs associated with lifelong disabilities. With an estimated 1,000 babies per year at risk in U.S. Neonatal Intensive Care Units (NICUs), the MT-RNR1 ID Kit addresses a critical need in infant care, particularly for premature infants vulnerable to aminoglycoside-induced hearing loss.

FDA Breakthrough Devices Program

Under the FDA's Breakthrough Devices Program, devices like the MT-RNR1 ID Kit undergo expedited development, assessment, and review processes. This program aims to ensure timely access to medical innovations that address life-threatening or irreversibly debilitating conditions where no approved alternatives exist.

Regulatory Pathway and Market Entry

Genedrive intends to pursue FDA De Novo classification to enter the U.S. market, leveraging the pathway to establish new standards for device performance and safety. This approach allows the MT-RNR1 ID Kit to fill a critical gap where traditional predicate devices are lacking, positioning it as a pivotal advancement in infant healthcare diagnostics.

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next