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Abionic Scores $21m To Push Through 5-Min Sepsis Test

 
• By Catherine Longworth

Swiss diagnostics developer Abionic has scored CHF20m ($21m) in Series C financing from a syndicate of high-net-worth individuals to kickstart a multinational study into the efficacy of its Pancreatic Stone Protein (PSP) test for rapid sepsis risk assessment and management.

Swiss company Abionic has scored CHF20m ($21m) to bankroll a multinational study into the efficacy of its Pancreatic Stone Protein (PSP) test, a rapid, point-of-care diagnostic for sepsis and septic shock. Abionic believes the five-minute PSP test could be used in emergency and intensive care departments to help physicians assess a patent's risk of sepsis and decide when to start antibiotic treatment.

The Series C round was led by a cluster of high-net-worth individuals including Peter Brabeck-Letmathe, former CEO and chairman of...

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