Additionally, we intend to separately secure financing for our women's health over the counter products business, to fund the commercial launch of our Unique™ and InSync™ products and to explore the potential acquisition of complementary products and companies to broaden our product offerings.
Dr. Shalom Hirschman, Chairman of the Board at QuantRx Biomedical, stated, "The Company's technologies and products offer innovative solutions for both feminine hygiene and fetal diagnostics. Our new QX Labs division enables management to provide each business opportunity with the specific resources, personnel, partners and capital necessary to drive success. Our ground breaking PadKit™ diagnostics technologies have the potential to define new standards of care and dramatically improve patient outcomes across a broad range of disease states including HPV detection, cancer testing, and adult and fetal genomics screening. It is a truly an exciting time to be involved with the Company and we believe separating the two businesses offers the most logical approach for funding the businesses and maximizing shareholder value."
About QuantRx Biomedical, Inc.
QuantRx Biomedical Corporation (OTCBB: QTXB) is focused on the development and commercialization of genomic products for advanced diagnosis of serious disease and health conditions, and innovative over-the-counter miniform based products (uniqueminiform.com). With synergistic expertise in the discovery of diagnostic platforms leveraging a significant portfolio of intellectual property, QuantRx's mission is to introduce products for use by its medical laboratory, and consumers that deliver more accurate, reliable, and cost-effective diagnoses which result in improved patient care and a reduction in overall healthcare costs.
The QuantRx strategy targets significant market opportunities estimated to be in excess of $5 billion worldwide. The Company's te
|SOURCE QuantRx Biomedical Corporation|
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