ST's world-leading MEMS bio-sensor and actuator manufacturing expertise to bring Bluechiip's patented tracking tag concept into mass production for healthcare and a wide range of other applications
Geneva, Switzerland, and Melbourne, Australia, January 20, 2011 - STMicroelectronics (NYSE: STM), the leading supplier of MEMS (Micro-Electro-Mechanical Systems) devices for consumer and portable applications, and Bluechiip Limited, an innovative early-stage company that has developed a groundbreaking tracking solution, today announced that the two companies are to cooperate in the manufacturing of unique MEMS-based tracking tags, aimed at a range of different markets, but initially in healthcare, such as biobanks.
As the bluechiip tracking tag is a mechanical device, it has the unique ability to both survive and read the ID of samples in extremely high and low temperatures, in addition to its immunity to gamma irradiation. This robustness therefore provides significant advantages over more traditional identification or tracking solutions, such as labels, barcodes or RFID technologies, and provides the necessary high levels of data surety in the rapidly growing and labor-intensive healthcare markets, especially in biobanking.
In March 2009, TIME Magazine highlighted biobanking as one of '10 Ideas Changing the World Right Now'. The growth of biobanks worldwide has been exponential; recent studies estimate that hundreds of millions of tissue samples are stored in U.S. biobanks and greater than one billion are stored worldwide. In a recent report by Visiongain titled 'Biobanking for Medical R&D: Technology and Market 2010-2025', the market for biobanking (sales of biobank resources or services) in 2009 was estimated to be worth $8B and is expected to reach $45B by 2025.
These unique tags will first be molded into test tubes and vials for the expanding biobank market to identify, track, retrieve, monitor and store valuable and irreplaceable human biospecimens, including tissue, embryos and cord blood in liquid nitrogen. Although the Bluechiip tracking technology has initial applications in the healthcare industry, it also has applications in pathology, clinical trials, biorepositories and forensics. Other key markets for the technology could include security, defense, industrial, manufacturing, waste, aerospace and aviation.
"ST's extensive experience in MEMS technologies and its solid manufacturing capabilities make it the perfect partner to Bluechiip in industrializing its innovative tracking tag," said Brett Schwarz, Managing Director and CEO, Bluechiip. "The tag will revolutionize tracking of critical assets in a broad range of important markets."
"Bluechiip's tag technology coupled with ST's MEMS design and manufacturing expertise will make available an extremely robust and valuable tracking capability for many applications in healthcare and other markets," said Benedetto Vigna, Group Vice President and General Manager, MEMS, Sensor and High-Performance Analog Division, STMicroelectronics. "ST has a long history in the industrialization of innovative technologies and applications, and this cooperation with Bluechiip will further extend ST's expertise in biosensors, while also complementing and reinforcing its leadership in MEMS overall."
This new technology enables data to be read at temperatures as low as those reached in liquid nitrogen, approximately -196 degrees Celsius, and as high as 200 degrees Celsius. Data can also be transmitted through frost. Bluechiip's tracking solution has also been field-proven to survive autoclaving, gamma irradiation sterilization, humidification, centrifuging, cryogenic storage and frosting.
The new technology is based on MEMS-based resonators within a tiny and purely mechanical chip, containing no electronics whatsoever. The tracking tag, which comprises this mechanical chip and an antenna, can either be embedded or manufactured into a storage product, such as a vial or a bag. Easy identification, along with any associated information from the tag can be detected by a reader, which can also log the temperature history of the tagged items.
STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2009, the Company's net revenues were $8.51 billion. Further information on ST can be found at www.st.com.
About Bluechiip Limited
bluechiip is an advanced tracking and bio-monitoring chaperon technology designed to revolutionize biosample lifecycle and process chain management relevant to bioresource laboratories. Inherent to the bluechiip solution are key components such as bluechiip tagging devices, the matchbox reader instrumentation and the streaming chain of custody inventory management related software. In concert, these components deliver benchmark level consistency, reliability, efficacy and robustness in core tracking technologies for ensuring conservation of ideal and consistent cryogenic integrity. Further information on Bluechiip can be found at www.bluechiip.com.
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