@ Advanced Animal Diagnostics Raises $6 M | SEBIO

Advanced Animal Diagnostics Raises $6 M

Posted by on Apr 11, 2013

DURHAM, NC – Advanced Animal Diagnostics said it closed a $6 million tranche of Series B financing from Intersouth Partners, Novartis Venture Funds and private investors.  Advanced Animal Diagnostics is developing an on-farm diagnostic test to detect subclinical mastitis in dairy cows.

Advanced Animal Diagnostics (AAD), a developer of rapid, on-farm diagnostics to improve animal health and productivity, announced today that it closed a $6 million tranche of Series B financing from Intersouth Partners, Novartis Venture Funds and private investors. Funds will be used to launch AAD’s Qscout™ automated on-farm lab system and Qscout™ MLD rapid on-farm test for mastitis in dairy cows. Proceeds will also develop new tests to detect disease-causing pathogens in hours instead of days required by current tests.

“I understand how frustrating and costly it is to wait for lab results,” says Dr. Ben Shelton , owner of Rocky Creek Dairy, Rocky Creek Veterinary Service and AAD board member. “Producers need fast diagnostic information on the farm that’s cost-effective enough to use widely, and that’s what this funding will help ensure.”

Each test on the market or in development at AAD will be processed by the Qscout™ automated reader, so producers will be able to run multiple tests on the same instrument. The first test marketed by AAD is the Qscout™ MLD, a new, rapid on-farm milk leukocyte differential (MLD) for faster, more accurate detection of subclinical mastitis in individual quarters. The benefits of minimizing subclinical mastitis in the fresh cow have long been documented through increased milk yield and quality and improved reproduction. A recent study showed detecting subclinical mastitis with the Qscout MLD and treating only infected cows at dry-off also has benefits. Antibiotic use was cut by 47% without an increase in infection rates 10 days after calving when compared to more costly traditional blanket antibiotic treatment. According to AAD, funds will also be used to study use of the Qscout MLD test at other times during lactation.

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