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Crescent Diagnostics and DeltaNu Ink IP Agreement
July 18th -
Limerick, Ireland and Laramie, Wyoming USA: Crescent Diagnostics
Ltd. has signed an intellectual property option agreement with DeltaNu
LLC. This agreement gives Crescent an
exclusive
option to develop and market products from intellectual property that
was invented at the University of Limerick and the University of Wyoming
and is jointly held by Crescent and DeltaNu. The intellectual property
describes a novel way to use Raman spectroscopy to diagnose bone health
conditions like osteoporosis. The terms of the agreement were not disclosed.
"We are very happy to conclude an agreement like this - it formalizes
a great working relationship we've had with DeltaNu for the past two
years," says Ernest Poku, CEO of Crescent Diagnostics.
"The applications for Raman spectroscopy are growing," says
Dr. Keith Carron, CEO of DeltaNu, "and DeltaNu is fortunate to
partner with a leader like Crescent as it brings this important technology
to the market."
About Crescent Diagnostics Ltd
Crescent Diagnostics Ltd was established in 2004 to develop and commercialize
a bone quality test based on Raman technology. Crescent Diagnostics
conducts research at its offices in Limerick, Ireland and maintains
a corporate office in London, UK. The company is runby an experience
medical diagnostics management team. For more information about Crescent
Diagnostics, please visit the website at www.crescentds.com.
About DeltaNu LLC
As the pioneer and global leader in small footprint and handheld Raman
spectrometers. DeltaNu has an insight for developing unique, low cost
and high performance spectrometers for academics, industry, and OEM
applications.
The mission of the company is to expand and offer affordable raman
spectrometers to various markets. Founded in 1997, and launced out
of the University of Wyoming, DeltaNu has been awarded over 4.5 million
in research contracts. For more information about DeltaNu, please visit
the website at www.deltanu.com.
Media Contact:
Ernest Poku, CEO
Crescent Diagnostics Ltd.
Tel: + 44 20 3006 3107
E-mail: ernie@crescentds.com
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