IntelliGeneScan Inc. and California Pacific Medical Center Announce Exclusive License for Biomarker Panel for Colorectal Cancer Detection.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- IntelliGeneScan, Inc. (IGS IGS - Internet Go Server. ) and California Pacific Medical Center California Pacific Medical Center (CPMC) is one of the largest private, not-for-profit, academic medical centers in Northern California. The Medical Center is a combination of three of San Francisco's oldest medical institutions: Pacific Presbyterian Hospital, Children's Hospital (CPMC CPMC California Pacific Medical Center (San Francisco) CPMC Columbia-Presbyterian Medical Center CPMC Colorado Plains Medical Center CPMC Centre Pierre et Marie Curie (French) ) today announced that they have entered into a license agreement that grants IGS exclusive rights to develop and commercialize a colon cancer colon cancer, cancer of any part of the colon (often called the large intestine). Colon cancer is the second most common cancer diagnosed in the United States. diagnostic test based upon a biomarker panel discovered at CPMC. IGS is an early stage Bay Area biotech company focused on disease diagnostics using gene expression analysis. It was founded in 2006 by a group of leading scientists who conceived the original research at CPMC and several business executives with backgrounds in biotech and venture start-ups. The company recently obtained significant investment funding to finance diagnostic system development and continued clinical testing at CPMC. The first product under development is a colon cancer diagnostic test which is minimally invasive, highly accurate and less expensive than those methods currently used in medical practice. CPMC chose IGS as its licensing partner for several reasons, including IGS' market focus, resource strength, and shared enthusiasm for the potential of our technology to improve colon cancer diagnostic regimen. This license is the culmination of the work of Nancy M. Lee, Ph.D, and her group at CPMC. Dr. Lee's research has already resulted in several related patent applications in the past few years. Dr. Lee is currently a Senior Scientist in the department of Neurosciences at CPMC as well as being a founder of IGS. Under the agreement, IGS has exclusive worldwide rights to develop and commercialize the colon cancer diagnostic kit. CPMC received an up front payment and is eligible to receive milestone fees and royalties on sales of products covered by this agreement. In conjunction with the license agreement, IGS has provided funding to CPMC for a research program, now in progress, to expand upon the clinical tests which led to the initial discovery. Both CPMC and IGS expect the results of this program will confirm the findings of the first battery of tests and also lead to enhancements in its detection processes. The California Pacific Medical Center Research Institute (CPMCRI) is the research arm of the California Pacific Medical Center (CPMC), the largest medical center in San Francisco. CPMC is a not-for-profit academic quaternary care Quaternary care refers to advanced levels of medicine which are highly specialized and not widely used. Experimental medicine, service-oriented surgeries and other less common approaches to treatment and diagnostics consist of the bulk of quaternary care. hospital, affiliated with Sutter Health, the largest health care system in northern California. Major areas of laboratory-based investigation include cancer, neurobiology Neurobiology Study of the development and function of the nervous system, with emphasis on how nerve cells generate and control behavior. The major goal of neurobiology is to explain at the molecular level how nerve cells differentiate and develop their , cell biology, gene therapy, and infectious diseases; major areas of investigator-initiated clinical research including women's health Women's Health Definition Women's health is the effect of gender on disease and health that encompasses a broad range of biological and psychosocial issues. (osteoporosis and breast cancer), longevity, the pharmacokinetics of substance abuse, neurodegenerative disorders, sleep, epilepsy, and behavioral medicine behavioral medicine n. The application of behavior therapy techniques, such as biofeedback and relaxation training, to the prevention and treatment of medical and psychosomatic disorders and to the treatment of undesirable behaviors, such as overeating. . In addition, CPMCRI has an active clinical trials program, with an emphasis in hepatology, transplantation, cardiovascular diseases, and oncology. In FY2004, CPMC ranked 23rd in the US in total NIH "Not invented here." See digispeak. NIH - The United States National Institutes of Health. funding to independent hospitals. Total funding for research at CPMCRI in FY2005 was more than $18.7 million. About California Pacific Medical Center At San Francisco's California Pacific Medical Center, we believe in the power of medicine. We research the most up-to-date treatments, hire the most qualified individuals, and practice the most modern, innovative medicine available. We deliver the highest quality expert care with kindness and compassion in acute, post-acute and outpatient services outpatient services Hospital-based services Managed care Medical and other services provided, to a nonadmitted Pt, by a hospital or other qualified facility–eg, mental health clinic, rural health clinic, mobile X-ray unit, free-standing dialysis unit Examples , as well as preventive and complementary medicine. But we also believe that medicine alone is only part of the solution. That's why we look intently at each individual case and treat the whole person, not just the illness. It's why we go beyond medical care and provide our patients with things like disease counseling, family support, and wellness treatments. As one of California's largest private, community based, not-for-profit, teaching medical centers, and a Sutter Health affiliate, we are able to reach deep into our community to provide education, screening, and financial support in some of the city's most underserved neighborhoods. Because medicine can transform a body. But going beyond medicine can transform a life. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion