Mawi DNA Technologies and BIOTESSIA sign agreements with Moroccan Ministries to develop manufacturing joint venture
14 December 2022
Mawi DNA Technologies a medical device company focused on developing innovative technologies for biosampling, announced today that the company has signed a Memorandum of Understanding with Morocco's Ministry of Investments , Convergence and Public Policy Evaluation and signed with the Moroccan Ministry of Industry and Commerce (MIC) to establish a joint venture with Mawi's regional partner BIOTESSIAto set up a state-of-the-art production facility in Morocco to serve the African market. The new operation will help meet Africa's need for healthcare sovereignty and accessibility and Morocco was chosen as the location as it can also act as a launch base to serve European markets.
" We are extremely excited about the opportunity to expand into Africa through this joint venture with BIOTESSIA, as we believe our technology can provide unique solutions to address the challenges of living specimen collection across the African continent," he said dr Bassam El Fahmawi, Ph.D., CEO of Mawi DNA Technologies. “ Mawi's core technology enables universal collection among family members and long-term stability of collected samples at different temperatures, as well as greater access to nearly every segment of the population, regardless of geography or location. This, in turn, improves the potential health outcomes due to greater diversity in sample availability."
Mawi has developed iSWAB-Microbiome-EL, a product that is widely used worldwide in population-scale surveillance testing of infectious diseases, particularly Covid-19 and its variants, due to its unique properties of viral inactivation, non-toxic emergence and enabling Laboratories to eliminate the RNA isolation step, reduce costs and increase sample throughput. Mawi also has a broad portfolio of iSWAB sampling technologies for mammalian DNA, RNA and intact cells and microbiomes (faecal, dirt, surface and skin) in addition to HemaSure-OMICS whole blood sampling technology covering RNA, CTC, cfDNA and genomic DNA can isolate from a single sample.
" The exchanges with BIOTESSIA and Mawi DNA were promising and conducive to accelerating the establishment of a production facility in Morocco," said His Excellency Mohcine Jazouli, Minister of Investment, Convergence and Public Policy Evaluation.
“ This project is in line with the Kingdom of Morocco's vision in terms of attracting foreign investment and fully involving the Moroccan diaspora in different areas, such as strengthening healthcare in Africa. This is achieved through the unique, innovative biosampling technology set forth by Mawi DNA. BIOTESSIA's strategy and vision focus on meeting the health needs of every citizen through early detection of diseases. This project is in line with the healthcare reform under His Majesty's guidance and leadership," added Dr. Hanane Chaibainou, DNP, CEO of BIOTESSIA.
About Mawi DNA Technologies
Founded in 2013, Mawi DNA Technologies has developed and commercialized the iSWAB technology, an innovative system for biosampling. Mawi's mission is to maintain the integrity of samples from all parts of the world at room temperature, ensuring true sample diversity from every geographic region and every segment of the population. At Mawi we say The Future of Biosampling is Here™. For more information, visit www.mawidna.com and follow the company on LinkedIn and Twitter .
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Contacts
For Investors:
Jerome David, Chief of Staff
Mawi DNA Technologies
j.david@mawidna.com
Tel: 510-256-5186 Media
Contact:
Betsy Merryman
Merryman Communications
betsy@merrymancommunications.com
Tel: 424-262-0708
Source:businesswire.com