GeneNews partners with Enzo Clinical Labs to market ColonSentry(TM) in the U.S.
- GeneNews licenses exclusive marketing rights for colorectal cancer blood test to Enzo for key states of New York and New Jersey -
"Enzo is focused on bringing leading edge, world-class molecular tests to our customers and offering first-in-class tests such as ColonSentry is a central component of this strategy," said
"The greatest barrier to reducing mortality arising from colorectal cancer is patient compliance with screening," said
"GeneNews is pleased to be working with Enzo, an undisputed leader in the molecular diagnostic lab space and an excellent match for our lead product," said
About Colorectal Cancer and Screening -------------------------------------
In the U.S., colorectal cancer is the third leading cause of cancer deaths for men and women. Colorectal cancer has a very poor prognosis if it is diagnosed after the cancer has spread distantly outside the colon; however, if it is detected early it is usually curable. Additionally, detecting and removing pre-cancerous polyps may help prevent cancer from developing. Current screening tests are invasive, expensive, inconvenient or not readily available. As a result, the vast majority of individuals eligible for screening are not adequately screened. It is estimated that about 80 million people in the U.S. aged 50 or older would benefit from regular screening and that only approximately 45% of this group comply with current screening guidelines. Outside the U.S., screening compliance rates are much lower.
About Enzo ----------
Enzo Biochem, Inc., is a growth-oriented integrated life sciences and biotechnology company focused on harnessing biological process to develop research tools, diagnostics and therapeutics, and serves as a provider of both routine and esoteric test services to the medical community. Since its founding in 1976, the Company's strategic focus has been on the development of enabling technologies in the life sciences field. Enzo Life Sciences develops, produces and markets proprietary labelling and detection products for gene expression analysis, nucleic acid detection, protein biochemistry, and cellular analysis, among others. Its catalog of over 40,000 products serve the molecular biology, cellular biochemistry, drug discovery and pathology research markets worldwide. Enzo Clinical Labs division provides laboratory services for a growing roster of physicians in the New York Metropolitan area, as well as New Jersey and parts of Pennsylvania. Its tests include, in addition to routine tests, capabilities for detecting molecular infectious disease, molecular oncology, autoimmune disorders and genetics. Enzo Clinical Labs also provides clinical diagnostic services that allow Enzo to capitalize on its extensive advanced molecular and cytogenetic capabilities and the broader trends in predictive and personalized diagnostics. Enzo Therapeutics is a biopharmaceutical venture that has developed multiple novel approaches in the areas of gastrointestinal, infectious, ophthalmic and metabolic diseases. It has focused its efforts on developing treatment regimens for diseases and conditions for which current treatment options are ineffective, costly, and/or cause unwanted side effects. In the course of the company's research and development activities, Enzo has developed a substantial portfolio of intellectual property assets, with over 240 issued patents worldwide and more than 200 pending patent applications.
About GeneNews --------------
GeneNews is an emerging molecular diagnostics company focused on the application of functional genomics to enable early diagnosis and personalized health management based on disease-specific biomarkers. The Company has been granted a U.S. patent for its core platform technology, the Sentinel Principle(R), which has the power to detect and stage virtually any disease or medical condition from a simple blood sample. GeneNews is currently applying the Sentinel Principle(R) in major areas with unmet clinical needs such as cancer, arthritis, cardiovascular disease and neurological disorders. GeneNews launched its first commercial product, ColonSentry(TM), a blood-based test to assess an individual's risk for colorectal cancer, in
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