Officials announced the launch of a new biotechnology company called OSPRI in August, which will be headquartered in McKinney.
The biotechnology company specializes in polymerase chain reaction-based infectious disease technology, otherwise known as PCR tests. OSPRI enables healthcare clinics and laboratories to manage infectious disease testing in-house while accelerating results and improving clinical outcomes, according to a news release.
OSPRI was formed by a merger between three Texas-based companies: Community Direct DX, Scienetix and the R&D division of Advanta Genetics. It’s led by Dr. Rahul Sharma, Dr. Sadia Almas and Dr. Alaina Vincent.
The merger is financed by up to $30 million from healthcare investment firm Catalio Capital Management. Headquartered in McKinney, OSPRI serves clients across 20 states and multiple clinical specialties.













