Survival rates for lung cancer are lower than those for most cancers, with an overall five-year survival rate of only 16% compared to 65% for colon cancer and over 99% for prostate cancer. In up to 25% of people who get lung cancer, the cancer is first discovered on a routine chest X-ray or CT scan as a small mass, by which time, the cancer has often spread. Earlier detection, coupled with information on the correct drug treatment would be a powerful life-saving tool for physicians.
About RiboMed: RiboMed Biotechnologies (http://www.ribomed.com) is a molecular diagnostic company with a focus on Epigenetic Diagnostics and Theranostics in Oncology. The Company develops and provides products, services, and tests for disease screening, diagnostics, theranostics, post-treatment monitoring, and drug development utilizing its proprietary and patented technology platforms for biomarker detection (Abscription) and methylated DNA isolation and quantification (MethylMagnet® and MethylMeter®). RiboMed Clinical Services Laboratory (RCSL), a fully compliant CLIA certified division, offers sensitive and quantitative DNA Methylation profiling clinical assay development services which provide reliable results even with FFPE tissues. RiboMed has over 10 issued patents for the use of Abscription for biomarker detection, including RNA, protein, SNPs and other DNA alterations in addition to DNA methylation.
About AIT: The Austrian Institute of Technology (http://www.ait.ac.at) is Austria´s largest non-university research institute with a European format and takes an important role in the field of innovation. One of its research areas, Molecular Diagnostics, is focused on the identification of effective ways fo
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