News

November 1, 2011

CapWave Sensors, Inc. will present at the Southern California Biomedical Council Investor Conference at the Wilshire Grand Hotel in Los Angeles on November 9, 2011. CapWave is part of an exclusive group of companies selected to present by SoCal Bio. The conference is a showcase of southern California’s top startups in biomedicine, providing an opportunity to present to leading venture capital firms and investors.

CapWave Sensors is developing a point-of-care microbiology device for the testing of pathogens and bacteria. The Searchlight ^TM biosensor immunoassay platform can serve the food safety testing market as well as in vitro diagnostics and a diverse group of biology markets.

Searchlight offers a breakthrough in sensitivity, capable of detecting at 0.1 pg/mL. That sensitivity is 20 times greater than lateral flow, the portable market leader in food safety testing. Time from sample to result with Searchlight is 8-12 hours, other portable technologies range from 12 to 24 hours.

“I look forward to sharing the CapWave story with investors at SoCal Bio,” says CapWave V.P. of Business Development Ed Ellsworth. “We are developing a novel technology that meets the needs of the food safety market. The technology for on-site testing for food safety lacks the sensitivity and speed to meet the food industry’s needs. CapWave will change that with Searchlight.”

The food safety testing market is forecast to reach $1.4 billion in 2011 and surpass $2.5 billion in 2015 according to food microbiology market reports from Strategic Consulting, Inc. The report also notes that the fastest growing niche in the market is testing for pathogens, growing at a rate of 18% per year.

October 4, 2011

CapWave has reached a formal agreement with Symbient Product Development of Vista, CA to produce disposable cartridges for the upcoming Searchlight^TM food safety testing device.

Symbient PD specializes in producing cost-effective high volume medical products and has several products produced in the millions annually.

August 26, 2011

CapWave has entered into a collaboration with Phasiks, Inc. to develop thermal control units for the upcoming Searchlight^TM food safety testing device.

Phasiks' thermal control units use temperature phase control to move fluids in medical testing devices. The solution involves no moving parts and is highly efficient.