{"id":17155,"date":"2021-08-25T06:45:00","date_gmt":"2021-08-25T06:45:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/08\/25\/achikos-rapid-covid-19-diagnostic-test-aptamextm-receives-product-and-registration-approval-from-indonesias-ministry-of-health\/"},"modified":"2021-08-25T06:45:00","modified_gmt":"2021-08-25T06:45:00","slug":"achikos-rapid-covid-19-diagnostic-test-aptamextm-receives-product-and-registration-approval-from-indonesias-ministry-of-health","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/08\/25\/achikos-rapid-covid-19-diagnostic-test-aptamextm-receives-product-and-registration-approval-from-indonesias-ministry-of-health\/","title":{"rendered":"Achiko&#8217;s rapid Covid-19 diagnostic test AptameX(TM) receives product and registration approval from Indonesia&#8217;s Ministry of Health"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\"><!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<ul>\n<li>AptameX\u2122, Achiko&#8217;s breakthrough DNA aptamer-based diagnostic&#13;<br \/>\ntest for Covid-19, received product and registration emergency use approval&#13;<br \/>\nfrom the Ministry of Health in Indonesia, alongside its sister digital&#13;<br \/>\npassporting service, Teman Sehat\u2122\u00a0(&#8220;Health Buddy&#8221;).<\/li>\n<li>PT Achiko&#13;<br \/>\nMedika Indonesia, which is 50% owned by Achiko AG, and its manufacturing&#13;<br \/>\npartner, PT Indofarma TBK, have signed an agreement for the production and&#13;<br \/>\nregistration of AptameX\u2122.<\/li>\n<li>The approval,&#13;<br \/>\ntogether with the partnership with PT Indofarma TBK, will enable access to&#13;<br \/>\nlow-cost and accurate Covid-19 testing for over 270 million Indonesians.<\/li>\n<li>Achiko closes&#13;<br \/>\nfunding with strategic investors for CHF 3.45 million. Proceeds will be used&#13;<br \/>\nfor working capital, business consolidation, and redemption of the Yorkville&#13;<br \/>\nconvertible note facility.<\/li>\n<\/ul>\n<p>ZURICH, SWITZERLAND &#8211; EQS Newswire &#8211;\u00a025 August 2021\u00a0&#8211;\u00a0Ad hoc announcement pursuant to Art. 53 LR\u00a0&#8211;\u00a0<a href=\"http:\/\/www.achiko.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Achiko AG<\/a>\u00a0(SWX: ACHI, ISIN CH0522213468) through\u00a0<a href=\"https:\/\/achikomedika.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">PT Achiko Medika Indonesia<\/a>\u00a0(&#8220;Achiko&#8221;,&#13;<br \/>\nthe &#8220;Company&#8221;), is pleased to announce that the Ministry of Health of&#13;<br \/>\nthe Republic of Indonesia has granted product and registration approval for its&#13;<br \/>\nproprietary low-cost, rapid Covid-19 diagnostic test,\u00a0<a href=\"https:\/\/www.achiko.com\/products\/aptamex\" target=\"_blank\" rel=\"noopener noreferrer\">AptameX\u2122<\/a>, alongside its sister digital passporting&#13;<br \/>\nservice,\u00a0<a href=\"https:\/\/www.achiko.com\/products\/temansehat\" target=\"_blank\" rel=\"noopener noreferrer\">Teman Sehat\u2122<\/a>\u00a0(&#8220;Health Buddy&#8221;). Achiko&#8217;s&#13;<br \/>\n50%-subsidiary, PT Achiko Medika Indonesia, and\u00a0<a href=\"https:\/\/indofarma.id\/en\/\" target=\"_blank\" rel=\"noopener noreferrer\">PT Indofarma TBK<\/a>\u00a0(&#8220;Indofarma) have&#13;<br \/>\nentered into an agreement to manufacture AptameX\u2122\u00a0and have received product registration approval&#13;<br \/>\nin Indonesia.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>The approval opens the door to the rapid scale-up of&#13;<br \/>\nproduction and sale of Achiko&#8217;s AptameX\u2122\u00a0test kits in Indonesia. Available at an affordable price, AptameX\u2122\u00a0provides millions of Indonesian residents with&#13;<br \/>\naccess to accurate diagnostic testing for Covid-19, enabling the country to&#13;<br \/>\nmore effectively control and contain the pandemic. Indonesia passed 50,000&#13;<br \/>\ndaily Covid-19 cases in mid-July, amid the spread of the Delta variant in&#13;<br \/>\nSoutheast Asia.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;We are proud and excited to receive the official&#13;<br \/>\napproval for our breakthrough test kit AptameX\u2122. It is an immense achievement for us to be able to&#13;<br \/>\nmarket it with Indofarma,&#8221; said Steven Goh, CEO of Achiko. &#8220;At the&#13;<br \/>\nprojected vaccination rate, and considering likely mutations of the virus, the&#13;<br \/>\nnext few years may be very challenging not only for Indonesia, but also quite&#13;<br \/>\npossibly for the entire world. The combination of AptameX\u2122\u00a0and Teman Sehat\u2122\u00a0provides communities and governments with an&#13;<br \/>\naffordable, easy-to-use test and a digital passporting service, empowering them&#13;<br \/>\nin their fight against Covid-19 and all its variants.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Covid-19 poses a challenge to traditional testing&#13;<br \/>\nmethods, as low viral loads evade most rapid tests, calling for a new paradigm.&#13;<br \/>\nAptameX\u2122\u00a0uses a&#13;<br \/>\nproprietary, novel chemistry matching the speed of lateral flow rapid tests,&#13;<br \/>\nwhile improving on sensitivity. At a significantly lower price point than other&#13;<br \/>\ntests, it also offers a better user experience. Those that test positive are&#13;<br \/>\nalerted promptly through the Teman Sehat\u2122\u00a0digital passporting service and asked to follow local guidelines on&#13;<br \/>\nisolation and quarantine. Its affordability, scalability and superior&#13;<br \/>\nperformance make it an ideal tool in Indonesia&#8217;s fight against Covid-19.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Indofarma&#8217;s President Director, Arief Pramuhanto,&#13;<br \/>\nexplains: &#8220;Testing regularly is crucial in containing the pandemic.&#13;<br \/>\nAptameX\u2122\u00a0is a&#13;<br \/>\nCovid-19 diagnostic test produced domestically by and for the people of&#13;<br \/>\nIndonesia that has been designed to be integrated into dental hygiene routines.&#13;<br \/>\nAccess to reliable and affordable testing will allow us to lead normal lives&#13;<br \/>\nagain and at the same time work to control the spread of Covid-19. Indofarma,&#13;<br \/>\nin partnership with Achiko, aims to make this diagnostic readily available at&#13;<br \/>\nan affordable price for everyone.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Dr Morris S. Berrie, President of Achiko, added:&#13;<br \/>\n&#8220;Our team has been tireless in developing our technologies for rapid,&#13;<br \/>\naffordable, diagnostic testing for Covid-19 and other forthcoming indications.&#13;<br \/>\nAptameX\u2122\u00a0is&#13;<br \/>\ndesigned to be easy to use and affordable, and therefore accessible to anyone.&#13;<br \/>\nWe believe AptameX\u2122\u00a0and our&#13;<br \/>\ndigital passporting service Teman Sehat\u2122\u00a0will be vital diagnostic resources for many years to come.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>In the cooperation between Achiko and Indofarma, a&#13;<br \/>\nmember of Indonesia&#8217;s Holding BUMN Farmasi, which is partly owned by the&#13;<br \/>\nGovernment of the Republic of Indonesia and listed on the Indonesia Stock&#13;<br \/>\nExchange (IDX: INAF), Achiko will provide the technology and all materials for&#13;<br \/>\ndiagnostic kits while Indofarma will carry out the production and product&#13;<br \/>\nregistration processes.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Following the Ministry of Health&#8217;s approval for&#13;<br \/>\nAptameX\u2122, Achiko is&#13;<br \/>\nlooking forward to securing a CE mark and introducing AptameX\u2122\u00a0and Teman Sehat\u2122\u00a0swiftly in further countries and regions. In&#13;<br \/>\nparallel, Achiko is also investigating applications of AptameX\u2122\u00a0to a range of other pathogenic diseases and&#13;<br \/>\ntherapeutic indications.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Achiko, on product approval, has raised a total amount&#13;<br \/>\nof CHF 3.45 million through share placement at an average price of CHF 0.192&#13;<br \/>\nper share to a leading Swiss venture capital group, OCS International&#13;<br \/>\nCommodities &amp; Investments FZCO and other private investors. The funds are&#13;<br \/>\nto be used as working capital and production funds as well as for the&#13;<br \/>\nredemption of the Yorkville convertible note facility from 25 November 2020.<\/p>\n<p>&#8220;We&#8217;re grateful for the&#13;<br \/>\nsupport of all our investors and shareholders,&#8221; said Achiko CEO Goh.&#13;<br \/>\n&#8220;These most recent investments provide a solid platform to consolidate our&#13;<br \/>\nstrategy as a global leading diagnostics company, connecting our capabilities in&#13;<br \/>\nEurope and Asia in the fight against the challenge of Covid-19.&#8221;<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-08-25\/91730\/achikos-rapid-covid-19-diagnostic-test-aptamextm-receives-product-and-registration-approval-from-indonesias-ministry-of-health\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AptameX\u2122, Achiko&#8217;s breakthrough DNA aptamer-based diagnostic&#13; test for Covid-19, received product and registration emergency use approval&#13; from the Ministry of Health in Indonesia, alongside its sister digital&#13; passporting service, Teman Sehat\u2122\u00a0(&#8220;Health Buddy&#8221;). PT Achiko&#13; Medika Indonesia, which is 50% owned by Achiko AG, and its manufacturing&#13; partner, PT Indofarma TBK, have signed an agreement for &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17155"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=17155"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17155\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=17155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=17155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=17155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}