Proof of Concept Awardee Tackling COVID-19 Testing

Illinois Ventures is proud to support University of Illinois System faculty and researchers on pre-company projects through the Proof of Concept program. We’re especially proud of Dr. Sandeep Jain’s recent work producing COVID-19 tests. Dr. Jain has been awarded two Phase I, and one Phase II Proof of Concept grants for other projects.

Alongside his work as an associate professor at the University of Illinois at Chicago, Dr. Jain is the co-founder of Advaite, a biotech company focused on developing novel diagnostics and therapeutics to help patients suffering from a variety of debilitating diseases. Advaite recently announced production of COVID-19 Rapid Response Testing Kits (Advaite RapCov). These kits have demonstrated accuracy of over 94% with test results provided in 15-30 minutes. Advaite has filed an application with the U.S. Food & Drug Administration (FDA) to produce its diagnostic kits under the agency’s Emergency Use Authorization (EUA). Pending FDA EUA, the kits could be available soon in the U.S. for the detection of the COVID-19 virus. 

This diagnostic test kit was developed in collaboration with Dr. Jun Xing, Windsor, Canada using a proprietary technology (U.S. IP pending).

To learn more about Advaite’s production of COVID-19 tests, click here.