Egypt's CBE expects inflation to moderate in '24, significantly fall in H1-25    Egypt to host 3rd Africa Health ExCon from 3-6 June    Poverty reaches 44% in Lebanon – World Bank    Eurozone growth hits year high amid recovery    US set to pour fresh investments in Kenya    Taiwanese Apple,Nvidia supplier forecasts 10% revenue growth    EFG Holding revenue surges 92% to EGP 8.6bn in Q1 2024, unveils share buyback program    Egyptian military prepared for all threats, upholds national security: Defence Minister    Philip Morris International acquires 14.7% stake in Egypt's largest cigarette maker Eastern Company    Gold prices slide 0.3% on Thursday    US Biogen agrees to acquire HI-Bio for $1.8b    Body of Iranian President Raisi returns to Tehran amidst national mourning    Egypt secures $38.8bn in development financing over four years    Palestinian resistance movements fight back against Israeli occupation in Gaza    President Al-Sisi reaffirms Egypt's dedication to peace in Gaza    Egypt to build 58 hospitals by '25    Egypt's Health Minister monitors progress of national dialysis system automation project    Giza Pyramids host Egypt's leg of global 'One Run' half-marathon    Madinaty to host "Fly Over Madinaty" skydiving event    Nouran Gohar, Diego Elias win at CIB World Squash Championship    Coppola's 'Megalopolis': A 40-Year Dream Unveiled at Cannes    World Bank assesses Cairo's major waste management project    K-Movement Culture Week: Decade of Korean cultural exchange in Egypt celebrated with dance, music, and art    Empower Her Art Forum 2024: Bridging creative minds at National Museum of Egyptian Civilization    Egyptian consortium nears completion of Tanzania's Julius Nyerere hydropower project    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    Swiss freeze on Russian assets dwindles to $6.36b in '23    Prime Minister Madbouly reviews cooperation with South Sudan    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Amal Al Ghad Magazine congratulates President Sisi on new office term    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt team wins at Intel challenge for Hepatitis C detection
Published in Daily News Egypt on 17 - 11 - 2011

CAIRO: A team of entrepreneurs from Egypt came in third place at the seventh annual Intel Global Challenge at UC Berkeley, winning $10,000 for an innovation that can detect Hepatitis C.
NanoDiagX of Egypt uses gold nanoparticles to develop a virus test that can detect Hepatitis C in less than an hour, and at one-tenth the cost of current commercial tests, according to an Intel statement.
First prize when to for China's Gaitu, a one-stop image processing platform that matches Chinese consumers with designers who add special effects, provide image-sharing services and turn edited photos into art or merchandise.
Second place and $20,000 was awarded to Maxygen-mobile DNA of Russia for inventing a low-cost, portable DNA test solution that can be used at the point of care to quickly identify thousands of infectious diseases, genetic predispositions and hereditary conditions.
The Egypt team NanoDiagX is led by Dr. Hassan M. E. Azzazy (coordinator), Tamer M. Samir, Sherif Mohamed Shawky, Mai M. H. Mansour and Ahmed H. Tolba. The innovation won first place in the seventh Arab Technology Business Plan Competition 2011, organized by the Arab Science and Technology Foundation (ASTF) in partnership with Intel Corporation and in collaboration with the United Nations for Industrial Development (UNIDO).
The hepatitis C virus (HCV) infects some 200 million people worldwide, according to the statement.
“Early identification and treatment of infected patients is critical to reducing transmission of the disease, but conventional detection of active HCV generally requires two tests. Using gold nanoparticles, NanoDiagX has developed the HCV nanogold test, which detects the disease in less than an hour at one-tenth the cost of current commercial tests,” the statement added.
NanoDiagX plans to adapt its technology for detection of other infectious agents such as tuberculosis and cancer biomarkers.
Shelly Esque, president of the Intel Foundation and vice president in Intel's Legal and Corporate Affairs group, said, “Through our education programs, we've seen firsthand how empowering entrepreneurs positively impacts individuals, communities and economies.”
The Intel Global Challenge at UC Berkeley is a global business plan competition that encourages student entrepreneurs and rewards innovative ideas that have the potential to have a positive impact on society, Intel said.
Participants came from 22 countries including Denmark, Egypt, Israel, Jordan, Lebanon, Poland, Portugal, Russia, Turkey and Yemen.
The Intel Foundation awarded a total of $100,000 in cash prizes.
Founded in 2005, the Intel Global Challenge at UC Berkeley is a joint project of Intel and the UC Berkeley Lester Center for Entrepreneurship. The project is designed to motivate young entrepreneurs to develop innovative technologies that solve real world challenges, build viable business models and move that technology out of university labs and into the market.
Finalists presented business plans that reflect work in fields such as healthcare, technology, energy conservation and disaster management. These plans included ultraviolet radiation detection, a coconut-based packaging alternative, and an advanced fire protection and detection system.
Representatives of more than 12 leading venture capital firms from the San Francisco Bay Area served as judges and provided valuable feedback to the teams.


Clic here to read the story from its source.