Power3 Medical Continues Building Patent and IP Portfolio, Filing for Permanent Patent on Test for ALS and Parkinson's.HOUSTON -- Power3 Medical Products, Inc. (PWRM PWRM Pre-Positioned War Reserve Materiel .PK), a leading proteomics company that develops and commercializes early detection diagnostic tests for cancer and neurodegenerative diseases neurodegenerative diseases diseases characterized by neurodegeneration. Lesions are microscopic only but in chronic disease with massive involvement there may be grossly visible atrophy of affected nervous tissue. , said today it has filed an application for another patent with the U.S. Patent and Trademark Office. Initially filed on a provisional basis in May 2005, the application is for Power3's first generic, blood-based diagnostic test for neuromuscular disorders, including ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. - Amyotropic Lateral Sclerosis, known as "Lou Gehrig's Disease Lou Geh·rig's disease n. See amyotrophic lateral sclerosis. ," and Parkinson's Disease Parkinson's disease or Parkinsonism, degenerative brain disorder first described by the English surgeon James Parkinson in 1817. When there is no known cause, the disease usually appears after age 40 and is referred to as Parkinson's disease. . The application was filed in conjunction with major research institutions in the Houston area, with Power3 having an exclusive license to commercialize the technology involved. This is Power3's second patent application filed in recent weeks. On April 24, it filed for a provisional patent for a test identifying which patients with Chronic Myelogenous Leukemia Chronic myelogenous leukemia (CML) Also called chronic myelocytic leukemia, malignant disorder that involves abnormal accumulation of white cells in the marrow and bloodstream. Mentioned in: Bone Marrow Transplantation (CML 1. CML - A query language. ["Towards a Knowledge Description Language", A. Borgida et al, in On Knowledge Base Management Systems, J. Mylopoulos et al eds, Springer 1986]. 2. CML - Concurrent ML. ) are resistant to - or are likely to build resistance to - imatinib mesylate imatinib mesylate Warning - Hazardous drug! Gleevec, Glivec (UK) Pharmacologic class: Protein-tyrosine kinase inhibitor Therapeutic class: Antineoplastic (Gleevec(R)), the leading drug used to treat CML. Power3's filing said that if drug resistance is indicated in its test, it can offer drug design specifications that can overcome that resistance. To date, Power3 has 20 patents (or patents pending) for its proprietary work developing testing methods and technologies for neurodegenerative diseases including ALS, Alzheimer's, Parkinson's and breast cancer, as well as drug resistance. The latest application is for a test which uses a blood sample, separates the proteins present, analyzes a panel of protein biomarkers using proteomic techniques, and then determines whether or not the patient has a neuromuscular disease based on the quantity of the biomarkers in the sample combined with biostitistical analysis. Power3 also intends to extend the technology to high throughput immunodiagnostics suitable for clinical laboratories and doctors' offices. "In order to expedite treatment, diseases must be diagnosed as early as possible," said Steven B. Rash, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Power3. "Neurodegenerative diseases have been among the most difficult to diagnose, particularly in their early stages, due to a lack of objective blood serum Blood serum A component of blood. Mentioned in: Bites and Stings blood serum the residual fluid of blood after clotting has occurred. It is plasma after the fibrinogen has been removed. tests available. "Power3 is obtaining patent protection and IP rights for tests that measure changes among groups of biomarkers for the early detection of neurological diseases," he said. "We believe that patent protection for the diagnosis of neuromuscular disorders will prove to be a strong asset in our growing portfolio of intellectual property, facilitating our continued work while enhancing shareholder value." About Power3 Medical Products, Inc. Power3 Medical Products, Inc. (PWRM.PK, www.power3medical.com) is a leading proteomics company engaged in the discovery of protein footprints, pathways, and mechanisms of diseases. Power3's patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and treatment of disease, and its identified protein biomarkers, drug targets, and diagnostic tests are targeted toward markets with critical unmet needs in areas such as breast cancer and neurodegenerative disease. Power3 operates a state-of-the-art proteomics laboratory in The Woodlands (Houston), Texas. This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. Gleevec is a trademark of Novartis AG |
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