Saturday, June 22, 2024

Fantasy Art in Warsaw

The 3rd edition of the “Fantasy Art in Warsaw” exhibition offers exclusive access to almost 60 art pieces, most of which have not been...

How Poland stands in the AI-era

Can the process of Polish convergence at its current pace be sustained, or is it just a historical anomaly, and how does AI affect ...

IMPACT LEADERS: Beata Mońka, Founder and CEO of Art of Networking

Today, we are delighted to welcome Beata Mońka to IMPACT LEADERS with Magda Petryniak. She is the Founder and CEO of Art of Networking,...

Investment in Poland at a crossroads

On May 8, during the 16th European Economic Congress, during the session ‘Investments in Poland through the eyes of business. Regression and hopes,’ the...

Polish high earners’ fortunes fluctuate

The number of people earning over PLN 10,000 (2,300 euros) gross per month increased to 1.5 million in Poland in 2022, according to a...

Polish SDS Optic opens R&D center in US

SDS Optic expands its global footprint with a new R&D Center in Philadelphia.

SDS Optic – a member of the Lublin Medicine Cluster – is commencing operations at a new R&D center in the United States. On January 16, its subsidiary, SDS Optic, signed an agreement with BioLabs Philadelphia to lease office and laboratory space. BioLabs provides SDS Optic with flexible leasing terms, comprehensive equipment and operational support services during experimental work.

The R&D center of SDS Optic Inc. will operate in the heart of Philadelphia, right next to the historic Liberty Bell Center and Independence Hall, where the Declaration of Independence and the United States Constitution were drafted and adopted. Over the past few months, SDS Optic has completed the necessary registrations with all required public and financial institutions in the US. Citizens Bank, headquartered in Boston, will handle corporate accounts and related services for SDS Optic, while Baker Tilly US Advantage Services will provide support in accounting, taxes, payroll management, and financial reporting.

A new R & D center

Recruitment processes are currently underway to hire research and development staff. The company has already signed an Employment Offer Letter Agreement and on January 22, the Principal Investigator commenced work for SDS Optic USA, with responsibilities including daily coordination of the USA R&D Center’s operations and direct supervision of the team conducting research and development in molecular biology to develop further applications of the inPROBE technology.

“This is an exciting moment and new opportunities for the R&D team and the entire SDS Optic company. We look forward to further developing our technology and its application in various diagnostic areas. Increasing the scientific and research potential through additional expertise brought by new members of the R&D center in the US will facilitate the exchange of experiences between teams on both sides of the ocean, contributing to the implementation of interesting solutions during planned research activities,” said Dr Magdalena Staniszewska, Prof. KUL – R&D Director of SDS Optic.

BioLabs Philadelphia offers modern laboratories and office spaces divided into convenient and practical workstations. The entire available infrastructure guarantees comprehensive support in the ecosystem of the region’s best biotechnology companies, from individual workstations to private laboratories and rooms, as well as additional services.

SDS Optic announced the opening of the R&D center in the US some time ago. The new laboratory’s work will be supported by the Scientific Advisory Board, comprising distinguished scientists and doctors from Poland and the US. The board, chaired by Dr. hab. n. med. eng. Magdalena Staniszewska, Prof. KUL, will also support the laboratory’s activities in the US.

The Polish company is achieving another milestone and advancing in the commercialization process of the inPROBE technology, actively involving another American entity, Clarfield International from New York.

The company in the US will create another solid point of contact for potential partners with the SDS Optic brand, increase the company’s credibility overseas and facilitate establishing relationships with large corporations on-site. 

“Placing our laboratory right next to Independence Hall, where the US as we know it today was created, is also very meaningful for us, and we are very optimistic about the development of SDS Optic in the USA,” says Mateusz Sagan, Chief Operating & Business Office rat SDS Optic S.A.

SDS Optic team 

The company aims to consolidate selected innovative scientific projects related to the use of photonic and optoelectronic solutions in medicine (as a medtech-bio powerhouse). The company’s key technology is inPROBE®, a micrometric fiber optic biosensor that, combined with elements of molecular biology, chemistry and medical bioengineering, forms an innovative microprobe capable of performing biological measurements in living tissue in a patient’s body (in vivo testing) with very high sensitivity (picograms/ml – pg/ml) and specificity.

InProbe Device

The company’s vision is to contribute to a 30% increase in cancer and chronic disease survival rates by 2030 and co-create the future of breakthrough medical technologies. The company’s motto is “Lifesaving Innovations.” 

Since March 2022, SDS Optic has been listed on the NewConnect market. Since its inception, the startup has secured over PLN 60 million in funding for technology development. In October 2023, the company signed an agreement with the European Investment Bank for venture debt financing of up to EUR 10 million. Diversified sources of funding ensure the safety of development and stable work on the commercialization of inPROBE®.

Erol Dzhelik
Erol Dzhelik
I think we can overcome global challenges with mutual understanding, international cooperation and diplomacy. We offer you this insight at Poland Weekly.