News: Press Releases

PointCare Wins World Bank Development Marketplace Competition and Funding to Establish CD4 Testing in Rural Settings

May 26, 2007

PointCare Honored
as reported by The Worcester Telegram and Gazette

MARLBOROUGH, Mass., May 26, 2007 — A proposal from PointCare Technologies Inc., which makes a hematology device used for managing anti-retroviral therapy for HIV/AIDS patients, was one of the 22 winners selected this week in the World Bank Development Marketplace.

The competitive grant program funds creative, small-scale development projects that have the potential to be expanded or replicated.

Privately held PointCare was one of 104 finalists, selected from 3,000 proposals, who showcased their proposal to judges in Washington, D.C., this week.

PointCare’s portable AuRICA NOW testing equipment, which can be operated by nonlaboratory-trained personnel in rural areas, enables HIV-infected patients to be qualified for anti-retroviral therapy, the company said.

The project, which will receive $198,300 from the World Bank, will be carried out at St. Gabriel’s Hospital in Malawi and at 11 outreach clinics and six health centers in the area.

All Rights Reserved, Copyright Worcester Telegram & Gazette, 2007