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Interleukin Genetics Reports Fourth Quarter and Year End 2008 Financial Results
Date:3/9/2009

WALTHAM, Mass., March 9 /PRNewswire-FirstCall/ -- Interleukin Genetics, Inc. (NYSE: Alternext US: ILI) today announced financial and operational results for the fourth quarter and year ended December 31, 2008.

"In 2008, we put an experienced staff in place to establish the Company as a market leader in personalized healthcare and focus our business strategy on increasing revenue from our intellectual property," said Lewis H. Bender, Chief Executive Officer. "During the past year, we achieved milestones in several critical areas that support our goals of increasing genetic test and consumer product sales, as well as forming new partnerships."

2008 and Recent Highlights

  • Presented Important New Osteoarthritis Data. Interleukin Genetics, Inc. Chief Scientific Officer Kenneth Kornman presented research findings on the genetics of osteoarthritis at the Osteoarthritis Research Society International (OARSI). The research highlighted the clinical utility of an osteoarthritis genetic test for both guiding the medical management of high risk patients and future use and development of related therapies.
  • Expanded Distribution Networks. Interleukin Genetics, Inc. and Alticor, Inc. reached an agreement on its intellectual property that permits the expansion of Interleukin Genetics' distribution network for certain genetic tests.
  • Established New Partnerships. Interleukin Genetics, Inc. partnered both with Geisinger clinic in 2008 to analyze DNA samples from over 800 morbidly obese patients in effort to develop a genetic test for bariatric surgery candidates, as well as with Oral DNA to sell our PST(R) test.
  • Awarded for Industry Research. Interleukin Genetics, Inc. received the 12th John M. Kinney Award for Nutrition and Metabolism at the annual Congress of the European Society of Parenteral and Enteral Nutri
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SOURCE Interleukin Genetics, Inc.
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