Tuesday, September 29, 2009

VeriChip shares jump after H1N1 patent license win

http://www.reuters.com/article/hotStocksNews/idUSTRE58K4BZ20090921



The patents, held by VeriChip partner Receptors LLC, relate to biosensors that can detect the H1N1 and other viruses, and biological threats such as methicillin-resistant Staphylococcus aureus, VeriChip said in a statement.

The technology will combine with VeriChip's implantable radio frequency identification devices to develop virus triage detection systems.

The triage system will provide multiple levels of identification -- the first will identify the agent as virus or non-virus, the second level will classify the virus and alert the user to the presence of pandemic threat viruses and the third level will identify the precise pathogen, VeriChip said in a white paper published May 7, 2009.