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3 San Diego County firms named winners in $6M XPRIZE Rapid COVID Testing contest


Well-known technology contest organizer XPRIZE named five winning teams in its $6 million Rapid COVID Testing competition on Tuesday and three of them are from San Diego County.
ChromaCode and Reliable-LFC, both of Carlsbad, joined the La Jolla Institute for Immunology as local winners in the challenge, which aimed to spark development of “radically affordable,” accurate COVID testing platforms with turnaround times of no more than 12 hours from sample to result.
Each winner is guaranteed $500,000. They will receive an additional $500,000 over the next few months if they hit milestones for mass-producing their COVID-19 tests.
Moreover, a $50 million venture capital fund called the COVID Apollo Project has pledged to work with XPRIZE Foundation and others to bring testing innovations to market. The fund includes seasoned life sciences investors such as RA Capital and Bain Capital. ....

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Founders of molecular diagnostics company ChromaCode share ambitions for their business


MedCity News
Founders of molecular diagnostics company ChromaCode share ambitions for their business
ChromaCode deploys inexpensive reagent kits and software using traditional PCR detection systems so physicians can initiate testing using the most informative diagnostics without having to worry about access or cost.
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ChromaCodeCo-Founders Alex Dickinson, Executive Chairman, Aditya Rajagopal, CTO, and CEO Greg Gosch talk about the formation of their molecular testing startup.
Why did you start this company?
Alex: I had started several companies with Professor Axel Scherer of Caltech, and Illumina acquired our company, Helixis. While I was at Illumina, they were nice enough to let me continue to work on startups independently. One of the things I learned at Illumina was that there was a lot of power in the reagent business. This was new to me as Helixis was an instrument company. I was always interested in what was going on at Caltech, and Axe ....

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ChromaCode Named Finalist in XPRIZE Rapid Covid Testing Competition


ChromaCode Named Finalist in XPRIZE Rapid Covid Testing Competition
XPRIZE imagines a future where anyone, anywhere, can receive a fast, frequent, cheap and easy COVID-19 test
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CARLSBAD, Calif., Dec. 22, 2020 /PRNewswire/ ChromaCode, Inc. today announced that the company has been named a finalist in the $6 million XPRIZE Rapid Covid Testing competition, a six-month competition to develop faster, cheaper and easier-to-use COVID-19 testing methods at scale.
Fast, affordable and accessible testing is crucial to containing the COVID-19 pandemic and safely reopening schools, businesses and other vital institutions around the world, said Anousheh Ansari, CEO of XPRIZE. ....

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