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Aion Diagnostics, Ltd.

Plans created by pSivida spinout for development of biosensors, imaging products

Published in Medical Imaging Business Week, January 5th, 2006

Aion Diagnostics, Ltd. has developed plans for 15 different potential products, as well as commencing preclinical trials on products in the areas of imaging and biosensors.

The first of these products is expected to be marketed in 2008. Aion has already started discussions with the U.S. Food and Drug Administration (FDA).

Aion has also moved its primary place of incorporation to the U.S, the world's largest healthcare and financial market, while creating a new Australian subsidiary. Aion Diagnostics, Inc., is a wholly owned subsidiary of global bionanotech company, pSivida Limited (PSDV, PSD, PSI) and owns the rights to commercialize diagnostics...

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