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Archer Materials Partners with Paragraf for Biochip Development

Story Highlights
  • Archer Materials partners with Paragraf to develop Biochip for kidney disease testing.
  • The partnership aims to improve sensor accuracy and generate new intellectual property for Archer.
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Archer Materials Partners with Paragraf for Biochip Development

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An update from Archer Materials ( (AU:AXE) ) is now available.

Archer Materials has entered a partnership with Paragraf Limited to advance the development of its Biochip for at-home testing of chronic kidney disease. This collaboration aims to enhance the technical progress of Archer’s blood potassium sensor, focusing on improving sensor accuracy, stability, and robustness. The partnership is expected to generate intellectual property for Archer, strengthening its position in the medical diagnostics industry and supporting future product development and clinical trials.

More about Archer Materials

Archer Materials is a technology company operating in the semiconductor industry, focusing on the development of advanced semiconductor devices for quantum computing, sensing, and medical diagnostics. The company leverages global partnerships to enhance its technology for potential applications across various industries.

YTD Price Performance: -56.90%

Average Trading Volume: 218,243

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$63.71M

See more data about AXE stock on TipRanks’ Stock Analysis page.

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