- Business
- Gemina Laboratories Ltd. (CSE:GLAB) operates as a Canada-based biotechnology company focused on the research, development, and commercialization of in-vitro diagnostics and biosensor technologies for point-of-care testing of respiratory pathogens and other diseases. Founded in 2017 and headquartered in Burnaby, British Columbia, the company offers proprietary surface functionalization chemistries under the GeminaChem platform, including dual affinity binding mechanisms, gold binding proteins, and cellulose binding proteins; point-of-care lateral flow diagnostic products such as LEGIO X COVID-19 rapid antigen test, LEGIO X (also known as LEGIO XI) Influenza A/B multiplex test, and products in development for respiratory syncytial virus and tuberculosis; and R&D services through its strategic partner RAPIvD Limited. Gemina Laboratories primarily serves the global diagnostics industry, with technologies applicable to respiratory infections, women's health, cardiology, and central lab testing, targeting manufacturers of lateral flow assays via licensing agreements. In April 2024, the company signed its first strategic license agreement with a major global diagnostics firm to develop and commercialize products using its IP, enabling up to 75% antibody cost reductions; issued its first commercial invoice in June 2024, with revenues ramping in 2025; and advanced discussions with four additional diagnostics companies while pursuing facility expansions for protein production.