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Expansion and Relocation to New, State-Of-The-Art Facilities Marks Milestone in Effort to Roll Out New Tool for Cancer Diagnosis
Date:5/12/2008

or in RedPath from the beginning and we are pleased to lead in this latest investment round," said Brian Murphy, Chairman of RedPath's Board of Directors and Partner in NewSpring Capital, which invests in biopharmaceutical, medical devises and healthcare services companies. "RedPath has seen significant returns on its groundbreaking work and is well-positioned to help change the way cancers are diagnosed. We are very pleased to be a part of it."

The company's PathFinderTG(R) represents a significant advance in minimally intrusive and early diagnosis of cancer. RedPath provides molecular-based testing in the majority of the country's top cancer centers, enabling oncologists, pathologists and their patients to gain meaningful results from much smaller tissue samples as they work to diagnose tumors and abnormal growths.

"A primary advantage of PathFinderTG(R) is that it makes fine needle biopsies so much more reliable that physicians and health care providers may not require more extensive and costly surgical biopsy procedures for the diagnosis and treatment of cancer," said Mary Del Brady. "Even with the small tissue samples gathered through the use of PathFinderTG(R), we have found it to be an extremely accurate and effective tool in the diagnosis of disease."

As a result of the increasing use and popularity of PathFinderTG(R) in the healthcare community, RedPath has quadrupled its sales force and expects sales to triple over the next 12 months.

About RedPath Integrated Pathology Inc.

RedPath Integrated Pathology, Inc., founded in 2004, is a national genomics-based diagnostics company that provides complex cancer diagnostic testing for pathologists, oncologists and clinicians. Its patented molecular-based analysis, PathFinderTG(R), integrates with routine pathology review of fixed slides, cytology and fluid specimens to render an earlier and more definitive diagnosis, improving patient outcomes and reducing healthcare costs. '/>"/>

SOURCE RedPath Integrated Pathology, Inc.
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