Cork-based Altratech secures €10.5m investment from European Innovation Council Accelerator

The investment will allow the company to engage in clinical trials on HIV patients combined with significant scale-up in manufacturing and product development

Pictured (l-r) Marina Donohoe, Head of research and Innovation, Enterprise Ireland, Minister Peter Burke T.D., Tara Dalton, CEO, Altratech, Niall Olden, Chair, Altratech. Picture by Shane O'Neill, Coalesce.

Cork-based diagnostics company Altratech today have been approved for a €10.5m investment from the European Innovation Council (EIC) Accelerator.

The company has developed a molecular testing platform by integrating silicon chip technology with nanotechnology, enabling more precise molecular diagnostics to be conducted outside traditional clinical environments.