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Kalkine IPO Report

Should You Subscribe to the IPO of BlinkLab Limited?

Feb 27, 2024

The Offer

Company Overview

BlinkLab, established on August 17, 2021, aims to expedite the development and commercialization of intellectual property (Licenced IP) from Princeton University. The company holds an exclusive global license for the Licenced IP, focusing on smartphone-neurobehavioral testing. BlinkLab has created a medical device, the BlinkLab Device, in the form of a smartphone application with an e-platform. This device conducts neurometric tests aiding in the diagnosis of conditions like autism spectrum disorder (ASD), attention deficit hyperactivity disorder (ADHD), schizophrenia, and other neurodevelopmental disorders. The BlinkLab Tests, including eyeblink conditioning, prepulse inhibition of acoustic startle, and habituation of eye blink response, serve as biomarkers for neurological and psychiatric disorders. Results from these tests are recorded on smartphones and analyzed using machine learning on BlinkLab's confidential and secure online platform. BlinkLab's immediate focus is to complete regulatory clinical studies and secure FDA approval in the US and CE Mark in Europe. The ultimate goal is to introduce the BlinkLab Device to the market initially as a diagnostic tool for ASD.

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