On Jul. 23, 2020, AXIM Biotechnologies announced the completion of a study highlighting the performance of NeuCovix™, AXIM’s rapid test to measure levels of neutralizing anti-COVID-19 antibodies. 

The NeuCovix™ test was compared to a gold standard pseudovirus-based test. NeuCovix™ accurately classified serum from patients who strongly neutralized SARS-CoV-2 and serum from patients who poorly neutralized the virus. Additionally, NeuCovix™ did not cross-react with serum from patients with seasonal respiratory infections including seasonal coronaviruses, suggesting that the test has 100 percent specificity for COVID-19.  

In contrast to current tests using live viruses, which are time-consuming, expensive and require trained personnel in a tightly controlled laboratory environment to measure neutralizing antibodies, NeuCovix™ is a portable, low cost, rapid point-of-care test that determines levels of neutralizing antibodies in approximately 10 minutes.

Since NeuCovix™ agrees with virus-based assays, it could be an effective and low-cost tool for monitoring large numbers of vaccine recipients for neutralizing antibodies. NeuCovix™ can also be used to measure levels of neutralizing antibodies in patients receiving hyperimmune globulin or convalescent plasma so that healthcare providers can decide on the proper dosing of neutralizing antibodies that correlates with favorable outcomes.

Founded in 2014, AXIM® Biotechnologies, Inc. (AXIM) is a vertically integrated research and development company focused on changing diagnosis and treatment for oncology and SARS-CoV-2 (COVID-19). AXIM’s NeuCovixTM is the first rapid diagnostic test measuring levels of functional neutralizing antibodies that are believed to prevent SARS-CoV-2 from entering the host cells. Additionally, the Company is developing rapid diagnostic tests for the early detection of cancer and proprietary small molecules drugs to treat cancer and block metastasis.