Biomoda Inc., An In-Vitro Diagnostics Company, Enters into Agreement with Cytomyx, LLC, a Leader in Translational Medicine.ALBUQUERQUE, N.M. -- Biomoda Will Be Aided in Its Product Validation Efforts By Cytomyx, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , A Recognized World Leader in Products and Services for Translational Medicine translational medicine Molecular medicine The constellation of activities which seek to translate the science of gene discovery, gene transfer, and functional genomics into gene-targeted therapies Biomoda Inc. and Cytomyx, LLC, of Lexington, Mass., www.cytomyx.com, have entered into an agreement for Cytomyx, LLC, to provide human clinical samples to Biomoda for its diagnostic test development program. Validation studies for Biomoda's patented and patent-pending products for the early detection and targeted treatment of specific cancers will be supported by its relationship with Cytomyx, LLC. "Cytomyx has one of the largest human tissue collections which makes them an ideal strategic partner for Biomoda. The clinical samples from Cytomyx are of the highest quality. Cytomyx has two main areas of expertise: the use of human clinical samples in understanding the linkage between gene expression and disease, and the development of cell-based assays," said John Cousins, president of Biomoda. Biomoda is interested in developing cancer diagnostic products in both of these strategic market spaces. "We are very excited about this alliance." About Biomoda Biomoda Inc., a development stage in-vitro diagnostics organization, is focused on research, development and commercialization of cancer diagnostics. The company has several patents developed for noninvasive non·in·va·sive adj. 1. Not penetrating the body, as by incision. Used especially of a diagnostic procedure. 2. Not invading healthy tissue. early detection and treatment of specific cancers, and is in the process of registering additional patents in this area. The company's proprietary technologies provide minimally invasive and minimal-impact approaches as cancer diagnostic products. Biomoda's laboratory operations are situated at Kirtland Air Force Base Kirtland Air Force Base is located in the southeast quadrant of Albuquerque, New Mexico, adjacent to the Albuquerque International Sunport. The base is the third largest installation in Air Force Materiel Command, covering 51,558 acres (209 km²) and employing over 23,000 people, (Albuquerque, N.M.). For more information visit www.biomoda.com. About Cytomyx Cytomyx, LLC, a division of Cytomyx Holdings PLC, is a rapidly growing life science company based in Cambridge, United Kingdom, and Lexington, Mass. The company's primary focus is on developing novel technologies that assist pharmaceutical and biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. in their efforts to develop new treatments more effectively. The company does this by providing solutions that provide early insights into the likely efficacy and safety profile of new drugs in development. The company has two main areas of expertise: the use of human clinical samples in understanding the linkage between gene expression and disease, and the development of cell-based assays that are used to support ion channel ion channel n. See channel. drug discovery and predict potential cardiac toxicity toxicity /tox·ic·i·ty/ (tok-sis´i-te) the quality of being poisonous, especially the degree of virulence of a toxic microbe or of a poison. in new drugs. Cytomyx is listed on the AIM market of the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (CYX.L). For more information visit www.cytomyx-holdings.com. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve a high degree of risk and uncertainty. Such statements include, but are not limited to, statements containing the words "believes," "anticipates," "expects," "estimates," and words of similar import. The company's actual results could differ materially from any forward-looking statements, which reflect management's opinions only as of the date of this report, as a result of risks and uncertainties that exist in our operation, development efforts and business environment. The company undertakes no obligation to revise or publicly release the results of any revisions to these forward-looking statements. You should carefully review the risk factors in other documents that the company files from time to time with the Securities and Exchange Commission, including its Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. . For additional information, visit the Biomoda Web site at www.biomoda.com or call us at 505-821-0875. |
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