Skip to content
Biotechnology, Finance Investment

La Trobe launches AlleSense to enhance cancer, disease diagnosis

La Trobe University 3 mins read

 

La Trobe University is launching its first major spin-out company with technology that is set to revolutionise medical imaging and potentially save millions of lives.

AlleSense has been created to support the commercialisation of technology invented by La Trobe researchers Professor Brian Abbey and Dr Eugeniu Balaur, from the School of Computing, Engineering and Mathematical Sciences and the La Trobe Institute for Molecular Science.

The world-first nanofabricated microscope slide – NanoMslide – uses colour contrast to easily and quickly identify abnormal cells in a suspect sample. It works by applying a special coating created using cutting edge nanofabrication technology, to the humble glass microscope slide, effectively turning it into a miniature chemistry lab, reducing time and removing dyes from the process.

It can be applied to any tissue and has shown significant promise in aiding the diagnosis of early stage and difficult-to-diagnose cancers – including breast cancer.

AlleSense will be established with an initial investment of $2.5 million, which is being driven by Welcome Ventures. It will enable researchers to progress development of the NanoMslide to clinical trials and facilitate further technology validation with their global partners. Julian Sutton from Welcome will be AlleSense’s inaugural Managing Director.

The investment will also support the scale-up of manufacturing of the product, ensuring the slides will be produced in Australia for a global market.

The AlleSense team is validating their manufacturing and quality management system with support from the Australian National Fabrication Facility (ANFF) and its ANFF-C translation fund, as well as the ANFF-funded Melbourne Centre for Nanofabrication (MCN), which purchased an instrument to support the team’s proof-of-scale studies.

They plan for the technology to undergo rapid clinical translation and be available for research use by the end of 2024.

The launch of AlleSense follows eight years of intensive research by the La Trobe University team at the La Trobe Institute for Molecular Science in collaboration with the Peter MacCallum Cancer Centre and Garvan Institute of Medical Research. The technology gained significant global attention following publication in Nature in 2021.

Inventor and Co-Founder Professor Brian Abbey, Deputy Director of the La Trobe Institute for Molecular Science (LIMS), said developing the NanoMslide was a career highlight and by commercialising the technology hoped to be able to share it with the world.

“Being able to deliver this potentially life-changing technology to people around the world is very exciting,” he said.

“The support of La Trobe University has been critical to enabling us to take this technology out of the research lab and develop it into a product that could one day be used by millions of people.”

The NanoMslide was supported through La Trobe’s Strategic Innovation Fund, established to fast-track the translation of research findings into successful business ventures.

La Trobe University Vice-Chancellor Professor John Dewar AO said the University was proud to support the development of AlleSense.

“Universities are no longer just learning and discovery spaces, but places where those discoveries can be developed and brought to life through commercialisation,” he said.

“We saw the great potential in the NanoMslide from the beginning and are delighted to have been an important partner in the development of AlleSense.”

Co-inventor Professor Belinda Parker and her team at the Peter MacCallum Cancer Centre have been involved in the development of the NanoMslide from its early days, trialing the new technology in her lab and leveraging her expertise in very early-stage breast cancer.

“This technology has the potential to distinguish cancer cells from normal or benign cells in the breast, allowing accurate diagnosis at a very early stage. We are excited to test whether the NanoMSlide also has potential in early diagnosis of a range of cancers” Professor Parker said.

The company will be based at La Trobe’s Bundoora campus, part of the Research & Innovation Precinct which is a core component of the University City of the Future.

Professor Abbey last week received a $2.9 million NHMRC Investigator Grant to further his NanoMSlide research.

AlleSense Partners

La Trobe Institute for Molecular Science, the Australian National Fabrication Facility Ltd (ANFF), Melbourne Centre for Nanofabrication, The Medtech Actuator

Awards

2019 - overall winners of MedTechs Got Talent prize, awarded due to the commercial potential of their invention

2022 - awarded two very prestigious research awards: the Eureka Prize for the Innovative Use of Technology, and the Victoria Prize for Science and Innovation in Physical Sciences.

 

 

Media contact

Charisse Ede

M: 0404030698

E: c.ede@latrobe.edu.au

More from this category

  • Finance Investment
  • 21/12/2024
  • 02:40
BTCC Exchange

Celebrate the Holidays with BTCC Exchange’s Christmas & New Year Bash: 1,000,000 Gold Coins Up for Grabs

VILNIUS, Lithuania, Dec. 20, 2024 (GLOBE NEWSWIRE) -- BTCC is spreading holiday cheer with its Christmas & New Year Bash, an exciting trading campaign running from December 19, 2024 to January 12, 2025. Traders can earn gold coins by trading select future pairs or making deposits, and the gold coins can be exchanged for trading fund rewards.As Bitcoin’s price recently surpassed the $100,000 milestone and optimism sweeps the market, trading volumes are surging. BTCC Exchange’s holiday campaign comes at the perfect time, allowing users to capitalize on market opportunities while enjoying rewards that help lower trading costs.Meme coins like PEPE,…

  • Business Company News, Finance Investment
  • 20/12/2024
  • 11:12
Chapter One Advisors

Little Green Pharma signs LOI for proposed acquisition of Health House for $1.25M

Highlights Strategic acquisition:Proposed acquisition of Health House, a cashflow breakeven medicinal cannabis distributor generating ~$7.5 million in annualised revenue. Attractive valuation:Total purchase price of…

  • Contains:
  • Finance Investment
  • 19/12/2024
  • 22:40
Hut 8 Corp.

Hut 8’s Strategic Bitcoin Reserve Surpasses $1 Billion in Market Value with Purchase of $100 Million of Bitcoin

Reserve built through low-cost production and strategic at-market purchasePurchased Bitcoin to support innovative financing model for fleet upgradeMIAMI, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, today announced the purchase of approximately 990 Bitcoin. The aggregate purchase price of the acquired Bitcoin was approximately $100 million, or an average of approximately $101,710 per Bitcoin.Combined with the Bitcoin held prior to this purchase, Hut 8’s strategic Bitcoin reserve now totals 10,096 Bitcoin with a…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.