Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Crystal Research Releases Executive Report Detailing CytoCore Inc. Prospects.


Company Breaks Ground with Reproductive Cancer Diagnostics and Treatment

CHICAGO -- Second graph, company name should read: Crystal Research Associates (sted Crystal Springs Research Associates)

The corrected release reads:

CRYSTAL RESEARCH RELEASES EXECUTIVE REPORT DETAILING CYTOCORE INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
. PROSPECTS

Company Breaks Ground with Reproductive Cancer Diagnostics and Treatment

CytoCore, Inc., (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CYCR) today announced the release of a comprehensive Crystal Research Associates executive report assessing product development and market potential for the late-stage bio-scientific Company's suite of diagnostic products, slated for worldwide distribution in the screening and treatment of cervical, uterine uterine /uter·ine/ (u´ter-in) pertaining to the uterus.

u·ter·ine
adj.
Of, relating to, or in the region of the uterus.
 and endometrial cancers Endometrial Cancer Definition

Endometrial cancer develops when the cells that make up the inner lining of the uterus (the endometrium) become abnormal and grow uncontrollably.
.

Of particular note for biotech bi·o·tech  
n. Informal
Biotechnology.


biotech
Noun

short for biotechnology

Noun 1.
 investors, potential strategic partners and industry analysts, the 68-page Executive Informational Overview report is now available at websites for both Crystal Research Associates (www.crystalra.com) and CytoCore (www.CytoCoreInc.com).

Highlights from the report include:

* Detailed financial data, market profiling and projected potential for the distribution of CytoCore's suite of endometrial endometrial /en·do·me·tri·al/ (en?do-me´tre-il) pertaining to the endometrium.
endometrial,
n relating to the end-ometrium or cavity of the uterus.
, uterine and cervical diagnostic and treatment products worldwide.

* Delineation of the InPath[TM] System product line for improved early detection and treatment of cervical cancer Cervical Cancer Definition

Cervical cancer is a disease in which the cells of the cervix become abnormal and start to grow uncontrollably, forming tumors.
, for which some 180 million tests are administered globally each year at a cost of $5 to $6 billion.

* Delineation of lab results and other progress pertaining per·tain  
intr.v. per·tained, per·tain·ing, per·tains
1. To have reference; relate: evidence that pertains to the accident.

2.
 to CytoCore's new EndoScan[TM], the first-ever early screening test for uterine cancer uterine cancer

Malignant tumour of the uterus. Cancers affecting the lining of the uterus (endometrium) are the most common cancers of the female reproductive tract.
, of which some 40,000 cases are diagnosed annually in the U.S. alone.

* The notably affordable price point and aggressive timeline for clinical trials and distribution of CytoCore products.

* A strong commitment to corporate and capital restructuring, reflected in turnaround financial data and a newly assembled executive team whose depth of market experience and medical expertise position the company ideally for global distribution starting early in 2007.

* CytoCore's proprietary partnership with Dr. George Gorodeski, the Medical Advisory Board's director whose P2X7 bio-marker and other medical innovations have been licensed to the Company.

* The Company's rich patent portfolio, strategic research partnerships and technology transfer agreements in the area of reproductive cancer detection and treatment.

"Crystal Research's report lays out in thorough detail CytoCore's considerable scientific assets, global business potential and go-to-market plan," said Dr. Augusto Ocana, chief executive officer and director. "We're positioned to distribute a cutting-edge suite of medical products for routine office early detection, diagnoses and treatment of pervasive cancers that today kill hundreds of thousands of women worldwide every year."

For further information, visit www.CytoCoreInc.com

About CytoCore Inc.

CytoCore develops cost-effective cancer screening systems, which can be utilized in a laboratory or at the point-of-care, to assist in the early detection of cervical, endometrial, and other cancers. The InPath[TM] System is being developed to provide medical practitioners with highly accurate, low-cost, cervical and uterine cancer screening systems that can be seamlessly integrated into existing medical models. More information is available at: www.CytoCoreInc.com

Dr. George Gorodeski has a significant financial interest in this research consisting of equity and fees from the Company as a consultant and Director of the Scientific Advisory Board of CytoCore. Dr. Gorodeski's invention licensed to CytoCore may generate royalty income for Dr. Gorodeski, for University Hospital Case Medical Center of Cleveland.

Certain statements in this release are forward-looking. These statements are based on CytoCore's current expectations and involve many risks and uncertainties, such as the company's inability to obtain sufficient financing, the possibility that clinical trials will not substantiate To establish the existence or truth of a particular fact through the use of competent evidence; to verify.

For example, an Eyewitness might be called by a party to a lawsuit to substantiate that party's testimony.
 CytoCore's expectations with respect to the InPath[TM] System, and other factors set forth in reports and documents filed by CytoCore with the Securities and Exchange Commission. Actual results may differ materially from CytoCore's current expectation depending upon a number of factors affecting the Company's business. These factors include, among others, risks and uncertainties detailed in the Company's periodic public filings with the Securities and Exchange Commission, including but not limited to the Company's 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 year ended December 31, 2005. Except as expressly required by law, CytoCore undertakes no obligation to publicly update or revise any 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.
 contained herein.
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 14, 2006
Words:660
Previous Article:CalHFA Partners with Habitat for Humanity for Affordable Housing.
Next Article:Fitch Rates Riverside, California's $116.9MM COPs 'AA-'.



Related Articles
CytoCorp Changes Its Name to CytoCore.
CytoCore Reports 3rd Quarter Loss While Ramping Up Clinical Trials.
CytoCore Moves into High Gear for Product Launch with New CEO.
CytoCore Names Respected Biotech Industry Visionary to Board of Directors.
CytoCore Launches Cutting Edge Uterine Cancer Clinical Trials.
CytoCore's Director of Research Appears on "Your Cancer Today" Broadcast.
CytoCore Reduces Debt.
Nationally Recognized Pathologist Joins CytoCore Medical Advisory Board.
CytoCore, Inc. Poised at Leading-Edge of Projected $92 Billion Molecular Diagnostics Market.
CytoCore, Inc. Establishes New Office in Bio-Pharma Hub.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles