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Overview
Axim Biotechnologies Inc (AXIM) is a vertically integrated research and development company committed to innovating diagnostic solutions within the healthcare sector. Specializing in rapid diagnostic tests and quantitative assay technology, the company focuses on pivotal health challenges, including oncology diagnostics, the quantification of functional neutralizing antibodies for SARS-CoV-2, and pioneering ophthalmological conditions such as Dry Eye Disease (DED) and allergic responses. With a clear emphasis on technological precision and rigorous scientific research, AXIM has engineered assays that leverage unique sample types, such as micro-volumes from tear fluids, to deliver actionable, quantitative clinical data.
Core Business Areas
AXIM Biotechnologies Inc operates across several critical domains in healthcare diagnostics. The company has developed rapid diagnostic tests that target early detection of cancer biomarkers and the measurement of neutralizing antibodies, addressing two major healthcare concerns: oncology and infectious diseases. Additionally, the company has extended its robust diagnostic portfolio into ophthalmology with FDA-cleared assays designed to assess conditions such as dry eye disease and allergic responses. This strategic diversification not only mitigates risk but also demonstrates AXIM’s commitment to advancing diagnostics across multiple therapeutic areas.
Technological Innovations and Expertise
AXIM distinguishes itself through innovative technology that leverages minimal sample volumes for maximal diagnostic output. The company’s proprietary assays, developed through a vertically integrated process from research to commercialization, are designed to quantify biomarkers with precision. For instance, the use of tear samples — often no more than 100 microliters — for detecting ocular conditions and allergic markers illustrates the company’s innovative approach. This micro-analytical methodology ensures high sensitivity and specificity, critical attributes in clinical diagnostics and effective patient management.
Research and Development Capabilities
The company places a significant emphasis on continuous research and development. Its pipeline includes projects focused on early cancer detection and the development of proprietary small molecule drugs aimed at treating cancer and inhibiting metastasis. Moreover, AXIM has extended its research efforts into the field of neurodegenerative diseases, as evidenced by its exploration into Parkinson’s diagnostics. These initiatives are underpinned by rigorous scientific research and a commitment to clinical accuracy, which further cements AXIM’s reputation as an innovative and trustworthy partner in the diagnostic landscape.
Market Position and Industry Relevance
By operating at the intersection of oncology, infectious diseases, and ophthalmology, AXIM occupies a unique niche in the healthcare diagnostics market. The company’s vertically integrated model allows for effective control over quality, research, and manufacturing — a critical advantage in a field where precision is paramount. Despite the competitive landscape featuring several established diagnostic firms, AXIM differentiates itself through its specialized focus on quantitative assays and micro-volume sample testing. This distinctive approach not only enhances the reliability of its diagnostic tests but also positions the company as a significant contributor to improved clinical decision-making and patient outcomes.
Operational Excellence and Scientific Rigor
AXIM Biotechnologies Inc is underpinned by a deep foundation of scientific expertise and operational excellence. The company’s strategic focus on integrating research, technology development, and commercialization fosters a robust pipeline of diagnostic solutions. Each stage of development is supported by experienced scientists and technicians dedicated to maintaining high standards of accuracy, compliance, and innovation. The use of quantitative methods in its diagnostic tests is critically important; it allows healthcare providers to measure exact biomarker levels, thereby offering a more refined understanding of disease states and treatment efficacy.
Industry-Specific Keywords and Focus Areas
- Rapid Diagnostic Tests: AXIM’s assays are designed for rapid and reliable disease detection.
- Quantitative Diagnostic Assays: The company focuses on delivering numerical biomarker data that informs clinical decisions.
- Micro-volume Sample Analysis: Utilizing minimal sample volumes, such as tear droplets, to provide high fidelity results.
Comprehensive Diagnostic Solutions
AXIM’s diagnostic tools are developed following stringent research protocols, ensuring that each test meets rigorous clinical standards. The company’s quantitative diagnostic approach is particularly beneficial in distinguishing between similar clinical presentations — for example, discerning whether ocular discomfort is due to allergies or dry eye disease. These capabilities are further enhanced by the company’s ability to scale its technologies across diagnostic domains, such as oncology and neurodegenerative disorders, thereby building a comprehensive suite of diagnostic solutions that enrich the clinical toolkit available to practitioners.
Commitment to Clinical Impact
The primary value proposition of AXIM Biotechnologies Inc lies in its commitment to enhancing diagnostic precision and reducing uncertainty in clinical diagnoses. Through extensive R&D and a focus on niche biomarker assays, the company not only contributes to earlier detection and better characterization of diseases but also supports more informed treatment strategies. In doing so, AXIM’s work underlines a broader mission to transform diagnostic practices and ultimately improve patient outcomes across diverse therapeutic areas.
Summary
In summary, Axim Biotechnologies Inc represents a blend of innovation, rigorous scientific research, and operational expertise. By focusing on the development of advanced, quantitative diagnostic tests and leveraging a vertically integrated R&D model, AXIM delivers diagnostic solutions that are both reliable and transformative. The company’s diverse portfolio, spanning critical areas such as oncology, ophthalmology, infectious diseases, and neurodegenerative diagnostics, makes it a noteworthy entity in the evolving landscape of healthcare diagnostics, where precision and efficiency are paramount.
AXIM Biotechnologies has partnered with Arizona State University to develop a COVID-19 'Correlate of Protection' using AXIM’s rapid neutralizing antibody test. The study aims to identify the threshold level of neutralizing antibodies that protect against SARS-CoV-2 infection. Dr. Douglas Lake will oversee the enrollment of a high-risk population for weekly monitoring of their antibody levels and PCR testing. CEO John Huemoeller emphasized the importance of understanding low antibody levels for recommending booster vaccinations.
AXIM Biotechnologies, Inc. has published its research in the Journal of Clinical Virology, detailing a novel rapid test to measure neutralizing antibodies against SARS-CoV-2. This test requires only a drop of blood and is highly effective, showcasing over 90% sensitivity and 100% specificity. It can be used at point-of-care settings and does not cross-react with antibodies from other respiratory infections. The test assists in monitoring immunity levels, which could inform decisions about booster vaccinations.
AXIM Biotechnologies has appointed Dr. Michael E. Stern to its Medical Advisory Board. Dr. Stern, with over 30 years of expertise in Dry Eye Disease and Ocular Surface Disease, is the Chief Science Officer at immunEyze and has previously worked at Allergan. The company aims to leverage his experience as it prepares to commercialize its FDA-approved diagnostic tests for Dry Eye Disease. AXIM targets a growing global market, with over 300 million affected individuals, highlighting the need for improved diagnostic tools.
AXIM Biotechnologies appointed Dr. Kelly K. Nichols, an expert in ocular surface disease and Dean of the School of Optometry at the University of Alabama at Birmingham, to its Medical Advisory Board. This strategic enhancement aims to augment the board's value and facilitate effective communication regarding dry eye disease (DED) diagnostics. Dr. Nichols' extensive experience will aid in marketing communications for upcoming DED diagnostic tests, set for commercial launch in early 2022. With over 26 million affected in the US, addressing DED's underdiagnosis is becoming increasingly critical.
AXIM Biotechnologies has developed a second-generation Rapid Neutralizing Antibody Test for COVID-19, aimed at improving detection of protective antibodies. This new test can differentiate between non-neutralizing and neutralizing antibodies, providing users with valuable information on their vaccine response in just 10 minutes. The company’s first test is currently under FDA review. AXIM aims to enhance diagnostics for COVID-19 and other diseases through its innovative solutions, which include rapid tests for oncological and ophthalmological conditions.
AXIM Biotechnologies has announced the appointment of Dr. Henry D. Perry to its Medical Advisory Board, marking him as the third member. Dr. Perry, a leading US cornea and refractive surgeon, brings decades of clinical and research expertise. He is recognized for his contributions in ophthalmology and has received numerous accolades, including the Life Achievement Award from the American Academy of Ophthalmology. CEO John W. Huemoeller II expressed optimism regarding Dr. Perry's role in enhancing AXIM's capabilities in diagnosing dry eye disease, which affects millions globally.
AXIM Biotechnologies has appointed Dr. Laura M. Periman to its Medical Advisory Board, joining Chairman Dr. Joseph Tauber. Dr. Periman brings 30 years of medical experience, specializing in ocular surface disease and dry eye disease (DED). She aims to enhance AXIM’s strategy for commercializing ophthalmic diagnostic tests, particularly given the growing global prevalence of DED, affecting over 300 million people. AXIM, founded in 2014, is focused on innovative diagnostics for COVID-19, DED, and cancer.
AXIM Biotechnologies has appointed Dr. Joseph Tauber as Chief Medical Officer and Chairman of its Medical Advisory Board. Dr. Tauber, a leading expert in dry eye disease with over 30 years of clinical experience, has participated in over 140 research studies and played a key role in the development of FDA-approved treatments for dry eye. The company aims to enhance DED diagnostics under Dr. Tauber’s guidance, addressing the needs of over 26 million Americans suffering from this condition. The appointment is expected to strengthen AXIM's position in the growing dry eye disease market.
AXIM Biotechnologies has appointed Jeffrey A. Busby as Senior Vice President – Business Development. Busby has over 30 years of experience in ophthalmic medical device sales.
He will lead the launch of recently acquired diagnostic technologies for dry eye disease (DED), including two FDA cleared tests approved for reimbursement. The launch is set for early 2022, with expectations to drive revenue. AXIM aims to enhance its position as a premier medical diagnostics company, targeting the growing DED market, which affects approximately 20 million people in the US.
SAN DIEGO, Aug. 30, 2021 – AXIM Biotechnologies (OTCQB: AXIM) announced that its manufacturing partner, Empowered Diagnostics, has filed an amended emergency use authorization (EUA) with the FDA for its COVID-19 neutralizing antibody rapid test, ImmunoPass™. The amendment includes updated clinical trials and studies to validate the test's accuracy. CEO John W. Huemoeller II emphasized the ease of use and fast results of ImmunoPass, aligning with the ongoing demand for COVID-19 antibody testing.
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