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sqi diagnostics inc (SQD) Snapshot

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10/17/13 - C$0.90
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sqi diagnostics inc (SQD) Details

SQI Diagnostics Inc., a life sciences and diagnostics company, develops and commercializes proprietary technologies and products for advanced microarray diagnostics. It offers diagnostic tools and services, including test design, development, and validation services resulting in custom multiplex tests; and multiplexed IVD products targeting protein and antibody biomarkers in autoimmune and other immunology markets. The company provides sqidworks diagnostic platform, a fully-automated microarray processing and analytical instrument that provides cost savings and other benefits over existing technologies; sqidlite Bench-Top diagnostic system, which offers laboratories with workflow solutions from dilutions through reporting to run protein and antibody multiplexed immunoassays; sqid-X system, a semi-automated bench top platform that incorporates SQI’s technology with the exception of automated fluidics handling; and Ig_plex microarrays and custom Ig_plex tests to accurately measure multiple biomarkers in a single test. It serves clinical, academic, diagnostic, and pharmaceutical laboratories; and contract research organizations. The company is headquartered in Toronto, Canada.

sqi diagnostics inc (SQD) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$263.5K
Director of Finance & Administration
Total Annual Compensation: C$98.0K
Vice President of Research and Development
Total Annual Compensation: C$220.0K
Compensation as of Fiscal Year 2013.

sqi diagnostics inc (SQD) Key Developments

SQI Diagnostics Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014

SQI Diagnostics Inc. reported earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, revenue was $32,000. The company reported no revenues for the same period a year ago. The company reported net loss of $1,449,000 $0.03 per share compared to a net loss of $1,740,000 $0.04 per share for the quarter-ended June 30, 2013. For the nine months, revenue was $52,000. The company reported no revenues for the same period a year ago. Net loss was $3,914,000 $0.08 per share compared to a net loss of $4,654,000 $0.11 per share for the same period last year.

SQI Diagnostics Inc. Announces Board Changes

SQI Diagnostics Inc. announced it has appointed Dr. Allan Pronovost to its Board of Directors. SQI will also retain the services of Dr. Pronovost, as strategic advisor, where he will assist the Company in its efforts to secure strategic partnerships and/or additional capital to further advance the Company's IVD and Pharma business units. Dr. Pronovost is currently the President and CSO of Red Lion Chem Tech. Dr. Pronovost replaces Dr. Peter Lea who has resigned from the Board, effective immediately. Dr. Lea will continue as an active, non-voting senior advisor to the Board.

Global Pharmaceutical Company Hires SQI Diagnostics Inc. to Develop Two Prototype Multiplex Immunoassays for Evaluation

SQI Diagnostics Inc. announced it is being paid by one of the ten large pharmaceutical companies in the world to develop and validate two custom multiplex anti-drug-antibody ('ADA') assays. This new customer will evaluate these two products using an established drug from its portfolio in order to assess the capabilities and performance of SQI's technologies.


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