Welcome to our Blog

The daily Post

Read our Blog

Magnomics is a SME Instrument Champion

Magnomics has been selected for the SME Instrument phase 1 initiative of Horizon2020. With this project, Magnomics will be able to determine the economic, technical, operational and legal feasibility of its innovative business concept and generate a strategic business plan to make it a reality. This is a very competitive initiative and Magnomics was one of the nine companies in Portugal to be selected (http://ec.europa.eu/easme/en/sme-instrument-beneficiaries).

 

This project will support the industrialization of a competitive cost-effective solution that will be integrated in the supply chain of safe, healthy and high quality food, namely milk. It will also contribute to a sustainable and more competitive agriculture, since it will allow a more resource-efficient food production. Finally, by specifically detecting bacteria in an easy and affordable manner, the resulting product will also help promote the judicious use of antibiotics, addressing the key concern of rising antimicrobial resistances.

Magnomics wins in North Carolina

Magnomics’ momentum is getting stronger, as the company won another major award by bringing home the 1st prize at the 2016 North Carolina Ag Biotech Entrepreneurial Showcase. It is only the second company in animal health to bag both the Kansas City and the North Carolina awards. The potential for synergy with similar diagnostic companies is vast in the bovine mastitis space, as clearly stated in the article in Xconomy.

 

 

Magnomics attends the NMC annual meeting in Phoenix

Magnomics attend again this year at the National Mastitis Council annual meeting in Phoenix. Leveraging its very positive experience in 2015, Magnomics took the opportunity to further deepen its awareness of the needs of the market, as well as to gather a team of advisors – with such names as Dr. Sheila Andrew, former NMC president – to help it guide the development and eventual field validation of its portable mastitis pathogen detector.

Magnomics is featured in Animal Pharm

“Portuguese firm Magnomics won the 2015 Innovation Award at the Kansas City Animal Health Corridor (KCAHC) Investment Forum.

Magnomics received the Innovation Award for its ‘lab-on-a-chip’ diagnostic, currently designed for the detection of bovine mastitis.

The firm claims the device can detect four types of bacterial DNA, with the potential to detect for other strains in the future, which it said makes the diagnostic unique compared to other products currently on the market because it can give more specific detail about a possible infection.

In addition, the company believes its diagnostics has an advantage over other solutions on the market because it can provide the benefits of lab-based testing but on-site.

Chief executive of the firm, João Pereira, told Animal Pharm: “Off-site you have the molecular-based and the culture-based tests. The molecular tests are fairly quick but quite expensive, and have logistics surrounding them. The culture tests can be slow. We can provide the benefits of molecular and culture diagnostics on-site within two hours.” ”

View full article in Animal Pharm

Magnomics wins in Kansas City

Magnomics won the Innovation Award at the 2015 Kansas City Animal Health Investment Forum, the most prestigious accolade in the industry.

“All of the companies made 10-minute presentations that were judged by a panel, which chose one for its Innovation Award: Magnomics of Portugal. Magnomics is developing portable nanotechnology-based diagnostic devices for identifying bacterial pathogens. The award came with a $2,500 check.”

View full article in Fierce Pharma

Magnomics attends the 2015 National Mastitis Council meeting in Memphis

Magnomics was present at the National Mastitis Council annual meeting this year in Memphis, where it had the opportunity to talk firsthand with dairy producers and veterinarians, as well as with other companies focussing on preventing, diagnosing and treating bovine mastitis. The needs and wants of the market were further validated, and the team brough home positive feedback about its product, which will be invaluable to develop an adequate and effective solution.

Portugal Ventures investment in Magnomics is feautured on “Jornal OJE” (Portuguese only)

“ESTES NOVOS investimentos da Portugal Ventures são o resultado da Call For Entrepreneurship da capital de risco. E foram realizados em parceria com outros investidores: A Faber Investments, gerida pela Faber Ventures co-investiu na SABE Online, a PNV Capital na Zuvinova e na Magnomics, a Busy Angels na Zuvinova e a Beta Capital apostou na Magnomics.”

Jornal OJE edição 18JUL14

Magnomics first international coverage, by Animal Pharm

“The company’s device consists of a portable reader with inbuilt sample treatment. A sample such as a swab, urine or milk is inserted into the device and, after bacteria separation and DNA purification, DNA amplification is performed by the technology.”

“There are no molecular point-of-care tests available for bovine mastitis,” said Mr Cardoso. “There are some molecular techniques used in laboratories but they are expensive. There are also some tests that use chemical reactions to detect mastitis at the farm, but these are too broad and the commonly used cell culturing tests are too slow with results in 24 to 48 hours.”

View full article in Animal Pharm

Magnomics attends BIO 2014

“Magnomics was selected to be part of the largest Portuguese delegation ever to attend the Bio International Convention 2014, in San Diego, California, from the 23rd to the 26th of June. With the support of Biocant, a key national biotechnology park, and P-BIO, the Portuguese Association for Bioindustry, Magnomics was one of 12 companies at the center stage of the Portuguese presence in what is considered to be one of the main events for biotechnology in the world.”

Download PDF