Genenews Selected To Present Late-breaking Abstract At AACR Annual Meeting
Abstract describes six-gene biomarker panel for assessment of current risk for colorectal cancer
TORONTO, CANADA (March 17, 2008):
GeneNews Limited (TSX: GEN), a company focused on developing molecular diagnostic tests derived from a simple blood sample for the early detection of diseases and personalized health management, today announced that its abstract describing the performance of the Company’s six-gene biomarker panel for the assessment of a person’s current risk for colorectal cancer from a blood sample, has been selected for presentation at the American Association for Cancer Research (AACR) Annual Meeting held from April 12-16, 2008 in San Diego, California. The abstract is entitled “Stratification of colorectal cancer probability using six genes from whole blood.”
“This six gene biomarker set will form the basis of a laboratory developed test (LDT) version of ColonSentry™, which we expect to launch in the third quarter of 2008 through our in-house clinical reference lab located in the Toronto-area,” said K. Wayne Marshall, MD, PhD, President and Chief Executive Officer of GeneNews. “We are pleased that AACR has chosen to accept our abstract given the limited number of late-breaking submissions that are accepted and believe that this acceptance also represents further peer-reviewed validation of our proprietary Sentinel Principle technology.”
The following GeneNews abstract will be presented:
Abstract Number LB-214:
“Stratification of colorectal cancer probability using six genes from whole blood.” Clinical Research 2, Poster Section 19, Tuesday, April 15, 2008, 8:00 AM
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 a patented core platform technology, the Sentinel Principle®, 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® in major areas with unmet clinical needs such as cancer, arthritis, cardiovascular disease and neurological disorders. GeneNews launched its first commercial product, ColonSentry™, a blood-based test to pre-screen and assess an individual's risk for colorectal cancer, in Canada in 2008. The company's first US marketing partner, Enzo Clinical Labs, is expected to launch the ColonSentry™ test in New York and New Jersey in the second half of 2010. For more information on GeneNews and ColonSentry™, visit www.genenews.com or www.ColonSentry.com.
Forward-Looking Statements
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