25 Apr 2019
Canadian company’s ‘ThromboLUX’ device uses light scattering to determine size and distribution of platelets.
LightIntegra Technology, a small company in Vancouver, Canada, that has developed an optical system to improve blood transfusions for cancer patients, has raised $5.3 million in series A venture funding.
The equity finance, which follows a $3.5 million injection of cash from shareholders completed in December 2017, will support introduction of the five-minute test system in the US.
Platelet size and distribution
Called “ThromboLUX”, the test platform relies on the principle of dynamic light scattering to determine the size and distribution of all particles in a platelet sample. For some patients, that knowledge is critical - while so-called "activated" platelets assist clotting and are therefore most effective for trauma or surgery patients, non-activated platelets are much better for helping to treat blood cancer.
“The current standard of care assumes all platelet bags are the same,” notes LightIntegra. “However, up to 50 per cent of a platelet bag inventory may be activated. When activated platelets are given to immuno-compromised patients, such as those with cancer, it could potentially lead to failed transfusions." Multiple failed transfusions result in what is termed platelet refractoriness, which can ultimately lead to death.
To characterize the platelet activity level in donor blood accurately, the ThromboLUX device takes scattering measurements at different sample temperatures and a proprietary algorithm converts that data into platelet size distribution.
Microparticles in the blood, typically between 100 nm and 1 µm in diameter, are an indication of platelet viability, states the firm, adding that these are shed from platelets in response to various sources of stress and stimulation.
A lower level of microparticle content in a blood sample suggests that the platelets have not previously been stressed, are intact and have not broken down.
Platelets also respond to temperature variation. When cooled they are said to “activate” to extend pseudopods - radial tentacles emanating from the cell - and form micro-aggregates. Functional platelets will activate readily when heated or cooled, whereas non-functional platelets will not respond to temperature stress.
“The overall characterization of the platelet sample can therefore be determined by considering the platelet count, the temperature response of the platelets, and the ratio of microparticles to platelets,” the company explains.
For cancer patients that information is potentially critical - transfusions are used to raise platelet counts often reduced by both the disease and certain types of treatment, thereby lowering the risk of bleeding. LightIntegra estimates that about three-quarters of platelet products are used as an adjunct to cancer treatment.
Led by Genome BC and Boardwalk Ventures Inc., the series A investor round also includes funding from Tower Beach Capital Ltd., Coleco Investments, and Quimby Investments (VCC) Ltd.
Norm Francis, CEO of Boardwalk Ventures, said he was “thrilled” to be investing in ThromboLUX, adding: “The current shortage of platelets requires a critical advancement in supporting healthcare institutions and blood centers. This test provides a more strategic approach to efficient use of platelets by ensuring greater awareness of platelet activation status.”
William Dubiel, who was appointed CEO at LightIntegra two years ago, added: “It’s well known that platelet transfusions impact the care of cancer patients; however, it may not be known that success depends on the activation status of platelets.
“Since 32 per cent of platelet transfusions fail, implementing a solution to determine activation status is imperative. ThromboLUX removes platelet variation from the blood management process, reducing ineffective transfusions and refractory cases. The expected results are improved patient outcomes, safety, and reduced healthcare costs.”
LightIntegra corporate video:
|Luminar lidar to hit the road in 2022 with 'sub-$1000' price tag|
|Cicso targets silicon photonics again with $2.6BN Acacia bid|
|European Investment Bank supports Mauna Kea|
|Osram bosses back private equity takeover|
|Meyer Burger tops up Oxford PV funding round|
|Trumpf steps up expansion of its smart factory solutions|