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Precision Therapeutics Growing Rapidly as it Augments Research and Development Efforts
Date:6/30/2010

xperience in clinical trials with a focus in oncology, medical devices and drug development.

Precision is actively developing multi-genomic predictors of patient response to cancer therapy. State-of-the-art bioinformatics combined with the company's proprietary live tissue platform provides a unique foundation and methodology for development and commercialization of these novel predictive markers for cancer therapy.  Early validation data presented at AACR 2010 shows promising results for novel multi-gene predictors currently in development.

Precision's first commercial test, ChemoFx®, is a proprietary drug response marker which measures an individual's malignant tumor response to a range of standard therapeutic alternatives under consideration by a physician. ChemoFx® has shown positive outcomes in patient survival rates while significantly lowering healthcare costs when a physician chooses a therapy deemed responsive by the marker.  

Precision Therapeutics, led by CEO Sean McDonald, has tripled its number of employees in a little over 3 years, and plans to open a second clinical laboratory in the Lawrenceville sector of Pittsburgh in July, 2010.  

For more information, please visit www.precisiontherapeutics.com or www.chemofx.com.


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SOURCE Precision Therapeutics, Inc.
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