Navigation Links
ASU Spinout HealthTell Raises $4 million in New Funding for Innovative Cancer Tests
Date:8/20/2013

Chandler, AZ (PRWEB) August 20, 2013

HealthTell, Inc., a biotech spinout from Arizona State University, has raised $4 million in new funding over the past few months to help commercialize a new test for lung, breast, prostate and colorectal cancer.

“Last year, more than 270,000 Americans died from lung, breast, prostate and colorectal cancers – the top four cancers worldwide,” said Bill Colston, co-founder and CEO of HealthTell. “This $4 million in new funding will help HealthTell demonstrate the ability of its test to provide reproducible detection of these tumors at an early stage, when treatment outcomes are significantly improved.”

HealthTell, which employs more than 20 people at the Innovations Incubator in Chandler, is developing an array of new tools to help individuals monitor their health status.
The HealthTell diagnostics technology was developed at the ASU Biodesign Institute by Dr. Stephen A. Johnston and Dr. Neal Woodbury and licensed through Arizona Technology Enterprises (AzTE), the technology transfer arm of ASU. This technology has already been demonstrated to work for more than 30 diverse illnesses, ranging from cancer to infectious disease.

One of the largest challenges in modern medicine is the early detection of diseases, before they spread or become difficult to treat. This generally requires complex, expensive monitoring systems capable of detecting small numbers of cancer cells, viruses, or other pathogens in the bloodstream.

HealthTell has taken a radically different approach to solving this problem. Instead of trying to measure the pathogen directly, the company measures the body’s unique response (its “immunosignature”) to a given disease or disease state. By understanding what each immunosignature means and how it changes over time, HealthTell can provide a broad menu of highly accurate tests that are capable of detecting diseases much earlier and less invasively than is possible today.

HealthTell is also supplying chips for two ASU projects funded by the U.S. Department of Defense and its Defense Threat Reduction Agency (DTRA). DTRA is interested in using the diagnostic test to check the health of soldiers in the field. HealthTell also won the 2012 Governor’s Award for Innovation in Arizona.

“HealthTell exemplifies the quality of use-inspired research that is happening daily at ASU,” said Charlie Lewis, vice president of Venture Development for Arizona Technology Enterprises. “This technology developed at the ASU Biodesign Institute could potentially have a significant impact on early disease detection and treatment.”

###

MEDIA CONTACT
Gordon McConnell
Assistant Vice President, ASU Entrepreneurship and Innovation Group
ASU SkySong
480-884-1724
Gordon.mcconnell(at)asu(dot)edu

About HealthTell
HealthTell is an early stage start-up company that is developing powerful new tools to help individuals monitor their health status. This technology has already been demonstrated to work for over 30 diverse illnesses, ranging from cancer to infectious disease. The test is simple and inexpensive, and can be performed with only a single drop of blood. More information about HealthTell is available at http://www.healthtell.com.

About Arizona Technology Enterprises (http://www.azte.com)
Established in 2003, Arizona Technology Enterprises (AzTE) is a wholly-owned subsidiary of the Arizona State University Foundation for A New American University. Over the last ten years Arizona Technology Enterprises has supported the development of 67 ASU spinout companies. Start-up companies that have licensed ASU IP have attracted $123 million in the last two years and nearly $400 million overall. Comprising industry and university veterans, AzTE brings together ASU’s researchers and industry partners to transform discoveries into marketable products and services, taking innovation out of the lab and into the commercial marketplace.

Read the full story at http://www.prweb.com/releases/2013/8/prweb11031858.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Feeling Trapped, Obligated Raises Odds of Job Burnout: Study
2. Stopping Blood Thinners Raises Stroke Risk for Patients With Irregular Heartbeat
3. Presence of fetal cells in women lowers risk of breast cancer but raises risk of colon cancer
4. Ritual in Some Jewish Circumcisions Raises Risk of Herpes Infection: Report
5. Easter Island drug raises cognition throughout life span
6. Drinking Iced Tea Raises Kidney Stone Risk: Study
7. Diabetes drugs taken by over 15 million Americans raises risk of bladder cancer
8. Electrolyte Problem Raises Post-Op Death Risk: Study
9. Salk study finds diabetes raises levels of proteins linked to Alzheimers features
10. Cocaine Raises Heart Risks for Fit, Young Adults: Study
11. Beverly Hills Dentist Dr. David Frey raises money for the Jerusalem Dental Center for Children
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... June 27, 2016 , ... Quality metrics are proliferating ... many ways they remain in the eye of the beholder, according to experts who ... of The American Journal of Managed Care. For the full issue, click here ...
(Date:6/26/2016)... Orion, Clarkston, Michigan (PRWEB) , ... June 26, ... ... with respect to fertility once they have been diagnosed with endometriosis. These women ... intercourse but they also require a comprehensive approach that can help for preservation ...
(Date:6/25/2016)... ... ... First Choice Emergency Room , the largest network of independent freestanding emergency ... its new Mesquite-Samuell Farm facility. , “We are pleased to announce Dr. Ogunleye ... M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. , Dr. Ogunleye ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article ... are unfamiliar with. The article goes on to state that individuals are now more ... these less common operations such as calf and cheek reduction. The Los Angeles area ...
(Date:6/24/2016)... ... June 24, 2016 , ... Global law firm Greenberg Traurig, P.A. announced ... attorneys chosen by their peers for this recognition are considered among the top 2 ... received special honors as members of this year’s Legal Elite Hall of Fame: ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016 ... Market by Type (Standard Pen Needles, Safety Pen Needles), ... (Insulin, GLP-1, Growth Hormone), Mode of Purchase (Retail, Non-Retail) ... MarketsandMarkets, This report studies the market for the forecast ... to reach USD 2.81 Billion by 2021 from USD ...
(Date:6/23/2016)... , June 23, 2016  MedSource announced ... as its e-clinical software solution of choice.  This ... best possible value to their clients by offering ... The preferred relationship establishes nowEDC as the EDC ... for MedSource,s full-service clients.  "nowEDC has long been ...
(Date:6/23/2016)... a startling report released today, National Safety Council research ... proven plan to eliminate prescription opioid overdoses. Prescription Nation ... tackling the worst drug crisis in recorded U.S. history, assigned a ... , New Mexico , Tennessee ... failing states, three – Michigan , ...
Breaking Medicine Technology: