GeneNews Provides Centocor Access to its Osteoarthritis Program
TORONTO, CANADA (December 11, 2008):
GeneNews Limited (TSX: GEN), a company focused on developing blood-based biomarker tests for the early detection of diseases and personalized health management, today announced that it has entered into a agreement allowing Centocor Research & Development, Inc. selected access to research from its osteoarthritis genomic biomarker program. Additional terms of the agreement were not disclosed.
“The Sentinel Principle™, our proprietary platform technology for the discovery of blood-based biomarkers, was validated around osteoarthritis, a debilitating joint disease,” said Dr. Heiner Dreismann, Lead Director and Interim CEO of GeneNews. “This agreement is a positive reflection of the quality of our research and technology and a source of non-dilutive funding that will contribute to our commercialization efforts.”
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