Printer Friendly
The Free Library
14,582,462 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Clinical Data and Lab21 Launch Cardiac Channelopathy Genetic Test in United Kingdom & Ireland.


NEWTON, Mass. -- Clinical Data, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: CLDA CLDA California Lyme Disease Association ) today announced that its PGxHealth[TM] division has entered into an agreement with Lab21, a leader in molecular diagnostic testing Diagnostic testing
Testing performed to determine if someone is affected with a particular disease.

Mentioned in: Von Willebrand Disease
 services in Europe. Under terms of this agreement, Lab21 will have exclusive rights in the U.K. and Ireland to market and sell Clinical Data's FAMILION([R]) test, a genetic test designed to identify mutations in people with inherited cardiac channelopathies such as Long QT Syndrome The long QT syndrome (LQTS) is a heart condition associated with prolongation of repolarisation (recovery) following depolarisation (excitation) of the cardiac ventricles. It is associated with syncope (fainting) and sudden death due to ventricular arrhythmias.  (LQTS LQTS Long QT interval syndrome, see there ) and Brugada Syndrome Brugada syndrome Cardiology A condition in which people with no known heart problems or defects suffer sudden cardiac death or aborted sudden cardiac death EKG Right bundle branch block, persistent ST-segment elevation in V1 to V3 unexplained by electrolyte . In addition, the parties have agreed to consider other proprietary, molecular and pharmacogenomic tests developed and commercialized by PGxHealth for future launch in the U.K. and Ireland.

John Schultz John Schultz (born September 28, 1938) is a former Australian rules football player, who played for the Footscray Football Club in the (then) Victorian Football League (VFL) and is one of the club's greatest players. , SVP SVP S'il Vous Plaît (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
, Business Development, PGxHealth, said, "This agreement enables Lab21, one of Europe's leading providers of molecular diagnostic tests, to exclusively market our Long QT genetic test, FAMILION, to end users in the United Kingdom and Ireland. PGxHealth's strong Long QT intellectual property portfolio (issued patents and pending applications), deep knowledge of the genetic foundation for these channelopathies, and experience with electrophysiologists and cardiologists will allow Lab 21 to offer providers and patients the best service and test offering for these cardiac channelopathies in their territory. Furthermore, our experience and proficiency in delivering this test will allow for an average of less than four weeks' turnaround time (1) In batch processing, the time it takes to receive finished reports after submission of documents or files for processing. In an online environment, turnaround time is the same as response time.  from sample receipt to delivery of test results. Consequently, we expect our combined offering with Lab21 to be highly competitive and address a significant unmet market need."

Berwyn Clarke, CSO (Chief Security Officer) The person in charge of all staff members who are responsible for promulgating, enforcing and administering security policies for all systems within an enterprise or division.  of Lab21, said, "We are delighted to have the opportunity to exclusively provide PGxHealth's cardiac channelopathy test to customers in Ireland and the U.K. Lab21 already provides market leading genetic testing Genetic Testing Definition

A genetic test examines the genetic information contained inside a person's cells, called DNA, to determine if that person has or will develop a certain disease or could pass a disease to his or her offspring.
 products particularly for predicting disease predisposition. This new relationship with PGxHealth offers us significant opportunities to build this franchise by leveraging our existing ties to many of the region's key healthcare providers. We look forward to exploring similar collaborations in the future as PGxHealth launches additional pharmacogenetic and molecular diagnostic tests."
For additional information on Lab21's Long QT test offering, please
contact Marc Southern.
+44 (0) 1489 898 600
marc.southern@Lab21.com
www.lab-21.com


About Lab21 Ltd.

Lab21 Ltd. is an independent clinical services company which supports Healthcare providers and the pharmaceutical and biotechnology industries with technically advanced molecular services relating to relating to relate prepconcernant

relating to relate prepbezüglich +gen, mit Bezug auf +acc 
 personalised medicine and healthcare diagnostics.

The Lab21 team's experience and know-how is coupled with a rapidly growing portfolio of molecular diagnostics including pharmacogenetic and patient profiling tests, which all use cutting-edge technology. This unique combination adds value to early stage drug development, clinical trials and regulatory processes in the pharmaceutical industry -- and directly to clinicians or healthcare providers as they treat and monitor patients.

A portfolio of tests and services are available from the identification of a disease, predisposition to a disease, through to therapeutic monitoring. Lab21 Ltd offers full service from the provision of educational materials, the secure collection of patient samples, rapid test turnaround to clear interpretation of the results.

As we move towards truly personalised healthcare, the Lab21 team can contribute today - delivering high-quality information on drugs and patients that provides real clinical insight.

Internet Website: www.lab-21.com

About Clinical Data, Inc.

Clinical Data, Inc. is a global biotechnology company unlocking the potential of molecular discovery, from targeted science to better healthcare. Its PGxHealth division focuses on genetic test and biomarker development to help predict drug safety and efficacy, thereby reducing health care costs and improving clinical outcomes. Its Cogenics division provides molecular and pharmacogenomics Pharmacogenomics is the branch of pharmacology which deals with the influence of genetic variation on drug response in patients by correlating gene expression or single-nucleotide polymorphisms with a drug's efficacy or toxicity.  services to both research and regulated environments. Its Vital Diagnostics division offers in vitro diagnostics In vitro diagnostic (IVD) tests are medical tests conducted in a test tube, or more generally in a controlled environment outside a living organism. In vitro means in glass in Latin.  solutions for the clinical laboratory. Through these divisions, Clinical Data is leveraging advances in molecular discovery to provide tangible benefits for patients, doctors, scientists and health plans worldwide.

About PGxHealth

PGxHealth[TM] has extensive experience and capabilities in the development, clinical validation and delivery of genomic-based tests, in particular in the areas of efficacy and safety biomarkers for appropriate drug utilization. Through its own know-how and resources, work conducted with some of the world's most prestigious genomics thought leaders and institutions, and use of innovative technologies, PGxHealth is focused on reducing treatment costs and improving clinical outcomes in those disease states and therapeutic classes beset with expensive, inefficient or suboptimal Suboptimal
A solution is called suboptimal if a part of the solution has been optimized without regards to the overall objective.
 treatment options. It has branded its genetic tests based on these proprietary genetic markers Therapeutic Diagnostics[TM].

SAFE HARBOR Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  OF 1995

This press release contains certain forward-looking information and statements that are intended to be covered by the safe harbor for forward looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. Words such as "expect(s)", "feel(s)", "believe(s)", "will", "may", "anticipate(s)" and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements about our ability to successfully integrate the operations, business, technology and intellectual property obtained in our recent acquisitions; our ability to obtain regulatory approval for, and successfully introduce our new products; our ability to expand our long-term business opportunities; our ability to maintain normal terms with our customers and partners; financial projections and estimates and their underlying assumptions; and statements regarding future performance. Such statements are subject to certain risks and uncertainties, the effects of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include, but are not limited to, whether Clinical Data will be able to develop or acquire additional products and attract new business and strategic partners; competition from pharmaceutical, biotechnology and diagnostics companies; the strength of our intellectual property rights; the effect on the Company's operations and results of significant acquisitions or divestitures made by major competitors; the Company's ability to achieve expected synergies and operating efficiencies in all of its acquisitions, and to successfully integrate its operations; and those risks discussed and identified by Clinical Data in its public filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. Clinical Data does not undertake any obligation to republish re·pub·lish  
tr.v. re·pub·lished, re·pub·lish·ing, re·pub·lish·es
1. To publish again.

2. Law To revive (a libel or a canceled will).
 revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Readers are also urged to carefully review and consider the various disclosures in Clinical Data's SEC reports, including but not limited to its Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the fiscal year ended March 31, 2006, and fiscal 2005, 2006, and 2007 quarterly reports on Forms 10-QSB and 10-Q.

Internet Website: www.clda.com
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Dec 11, 2006
Words:1120
Previous Article:Equinix Veterans Launch New Colocation Company -- DR Fortress -- and Acquire Equinix Assets in Hawaii.
Next Article:Olympus and VisEn Medical Expand Molecular Imaging Distribution Program in Asia.
Topics:



Related Articles
GEMINI DISCOVERS GENE PREDICTOR FOR CONGESTIVE HEART FAILURE.
Variant Creutzfeldt-Jakob Disease--Information from the World Health Organization.
CAR-11. Syndrome X: a bit of a mystery.(Section on Cardiology)
Childhood hemolytic uremic syndrome, United Kingdom and Ireland.(Research)
Brugada syndrome mimicking acute coronary syndrome.(Case Reports)
Clinical Data Launches Pharmacogenetic Warfarin Response Test On Schedule.
Clinical Data and Diagene in Cardiac Channelopathy Test Distribution Agreement for Germany, Switzerland and Austria.
Clinical Data Launches Pharmacogenetic Test for Clozapine-Induced Agranulocytosis on Schedule.
Clinical Data Launches PGxPredict(TM):RITUXIMAB on Schedule.
Saxons, Vikings, and Celts: The Genetic Roots of Britain and Ireland.(Books: A selection of new and notable books of scientific interest)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles