A message from Edmonton Global:
NanoSpeed Diagnostics is revolutionizing how healthcare providers test for essential vitamins. Since its founding in 2009, NanoSpeed Diagnostics has carved out a niche in the field of point-of-care diagnostics, specializing in rapid tests and selling more than $7 million worth of kits globally.
"We developed the world's first point-of-care diagnostic test for vitamin D in a drop of blood," founder Rajan Gupta said. "We marketed it in Europe, India, China, the Middle East, and so on."
NanoSpeed has also expanded its product line and today makes tests for vitamin A, B12, and ferritin, in addition to vitamin D.
Detecting vitamin deficiencies early can prevent serious health complications. NanoSpeed's diagnostic kits target common yet impactful deficiencies — including vitamin D for bone health, vitamin A for eye health and the immune system, as well as ferritin to aid in anemia prevention.
In 2019, sales for NanoSpeed ramped up. Following the increase in sales, NanoSpeed decided to build an R&D and manufacturing facility in the Edmonton region. Despite difficulties arising during the COVID-19 pandemic, the facility is now up and running in the Edmonton Research Park.
Learn more about the "appetite for biotech" in the Edmonton region and what's next for NanoSpeed.
The Trade Heroes series from Edmonton Global highlights companies in the Edmonton region that have "exportitude" — the mindset and commitment to think globally when it comes to their business.