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Mass. General Cancer Center and Vall d'Hebron Institute of Oncology biomarker alliance
Date:11/16/2011

Madrid, November 16, 2011.- The President of the BBVA Foundation, Francisco Gonzlez, Jose Baselga, Chief of Hematology/Oncology at Massachusetts General Hospital Cancer Center (MGHCC), and Andrs de Kelety, Managing Director at the Vall d'Hebrn Institute of Oncology (VHIO) in Barcelona, yesterday signed the agreement creating the BBVA Foundation Tumor Biomarkers Research Program. Also attending the event was the Foundation's Director, Mr. Rafael Pardo.

Under the terms of this agreement, the BBVA Foundation will fund the collaborative efforts of MGHCC and VHIO to develop personalized therapies for cancer patients through biomarker research. The program will proceed along two main lines new drug discovery and the improvement or optimized use of existing pharmaceutical therapies with the common goals of securing more effective, individually tailored treatments and of accelerating their translation to the clinic, and thereby patient care.

In the oncology field, biomarkers are biological characteristics of malignant cells that are measurable in tumor tissue and, at times, in blood. Biomarkers can measure alterations of the genome, of the proteins encoded by the genome and at times enzymes or metabolites. The information they give can be prognostic how the disease is likely to evolve or predictive how it may respond to a given treatment. Studies in this case will initially center on colorectal, breast and lung cancer, with the intention of expanding into other types like melanomas, lymphomas or prostate cancer.

The BBVA Foundation will provide 2.5 million euros funding over the next five years to facilitate synergies between researchers at MGHCC and VHIO under the direction of doctors Jose Baselga and Daniel Haber (MGHCC) and Josep Tabernero (VHIO). This sum may be revised upward during the life of the program in the light of emerging research needs and according to the economic circumstances of the time.

The grant will be split
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Contact: BBVA Foundation Communication Department
comunicacion@fbbva.es
34-913-745-210
Vall dHebron Institute of Oncology
Source:Eurekalert

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