Navigation Links
Xceed Molecular Licenses Signature from Moffitt Cancer Center and Adds Moffitt to Strategic Collaborator Program
Date:6/10/2008

Focus on Developing New Molecular Test for Colon Cancer

TAMPA, Fla., and WELLESLEY, Mass., June 10 /PRNewswire/ -- Moffitt Cancer Center and Xceed Molecular, a pioneer in the development of cost-effective, easy-to-use gene-expression analysis systems, announced today that the renowned cancer center has joined Xceed's Strategic Collaborator Program and granted Xceed a worldwide, exclusive license to a gene signature for colon cancer. This colon cancer-specific gene signature, one of many technologies developed at Moffitt, was discovered by Timothy J. Yeatman, M.D., Steven A. Eschrich, Ph.D., and Gregory Bloom, Ph.D. The focus of the current collaboration is to develop a new molecular test that is more predictive of patient prognosis than currently available assays. Xceed will work with the Moffitt team, which also includes Steven Enkemann, M.S., Ph.D., to complete the clinical development and validation of the gene signature, which is designed to predict the likelihood of disease-free survival of patients with colon cancer using biopsy tissues from a colonoscopy.

Moffitt is collaborating with Xceed research scientists to finalize the list of genes in the signature that will be included on the colon cancer TipChip (the consumable microarray device used by Xceed's Ziplex(R) System). Xceed will run the first samples in its Expression Services Laboratory in Toronto to optimize the performance of the signature on the Ziplex platform. Xceed will also provide a Ziplex System to the Moffitt team, which will complete additional validation studies. Together, Moffitt and Xceed will determine the clinical utility of the colon cancer TipChip and the technical and commercial feasibility of developing a diagnostic test. Specific terms were not disclosed.

"Moffitt Cancer Center continues to be a leader in translational research -- moving gene-expression biomarkers from basic science into clinical use for patient diagnostics -- and we are honored to work with them to develop a better test for colon cancer," said Xceed President and CEO David Deems. "This agreement is yet another validation of our Ziplex System. It follows similar agreements with the Center for Molecular Medicine and the University of Florida, other institutions at the vanguard of translational medicine."

Commenting on the collaboration, Dr. Yeatman said, "Colon cancer is the fourth most common cancer in both men and women and more than 100,000 new cases are reported each year in the United States. With the diagnostic tests currently available today, it's often difficult to distinguish aggressive from non-aggressive colon cancer. We have high hopes that the gene signature that we are developing may be useful in helping physicians to make critical treatment decisions, but the great challenge in this field has been turning promising biomarkers into routine diagnostic tools. Our commitment at Moffitt is to remain at the forefront of the prevention and cure of cancer, translating our many early-stage technologies into marketable products and services. We believe that Xceed, with its Ziplex System, is the right partner to help us move our discoveries out of the research lab and into the clinical lab to make meaningful improvements in patient care."

About Xceed's Strategic Collaborator Program

The Strategic Collaborator Program is a mutually beneficial agreement with a high-profile institution or investigator designed to propel the partners' clinical research, while providing Xceed with additional real-world clinical-laboratory experience and access to critical research results. The program is an integral part of the company's strategy to add condition- or pathway-specific assays to its portfolio of products that will be commercialized for use as diagnostic tests or in clinical research. Xceed has already committed to several other institutions through this program and expects to sign agreements with and install its Ziplex System at six to 10 Strategic Collaborators in North America by the end of 2008.

About Xceed Molecular (http://www.XceedMolecular.com)

Xceed's vision is to advance molecular diagnostics by successfully translating novel multiplex tests into routine clinical practice and to create robust diagnostic solutions to improve disease outcomes. Our products comprise the Ziplex(R) System for automated gene-expression analysis (available in the US and Canada for research use only), gene expression services, and pre-configured arrays. Xceed is also developing multiplexed genomic tests for the Ziplex platform, both internally and with strategic partners. Xceed's R&D and manufacturing are headquartered in Toronto, Ontario, with executive offices in Wellesley, Massachusetts.

About H. Lee Moffitt Cancer Center & Research Institute

Located in Tampa, Florida, Moffitt Cancer Center is the only Florida-based cancer center with the NCI designation as a Comprehensive Cancer Center for its excellence in research and contributions to clinical trials, prevention and cancer control. Moffitt currently has 15 affiliates in Florida, one in Georgia, and two in Puerto Rico. Additionally, Moffitt is a member of the National Comprehensive Cancer Network, a prestigious alliance of the country's leading cancer centers, and is listed in U.S. News & World Report as one of "America's Best Hospitals" for cancer, as well as for ear, nose, and throat. Moffitt's sole mission is to contribute to the prevention and cure of cancer.


'/>"/>
SOURCE Xceed Molecular
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. MDwise Enrollment Exceeds 300,000 Members
2. Milliman Says 2008 Medical Cost for American Family of Four Exceeds $15,600
3. Xceed Molecular Signs University of Florida to Strategic Collaborator Program; Focus on Developing New Molecular Test to Diagnose Early-Stage Bladder Cancer
4. Bond Laboratories First Quarter Fiscal 2008 Sales Exceeding Internal Projections
5. Survival rates exceed national averages for UCSF heart, liver and lung transplant programs
6. As Healthcare Spending is Predicted to Exceed 4 Trillion in Less Than 10 Years, Technology will be Called upon to Stem the Tide
7. Medco Full-Year and Fourth-Quarter Earnings Results Exceed High End of Company Expectations
8. Old Newsboys Goodfellow Fund of Detroit Has REACHED and EXCEEDED ITS GOAL of $1.375 Million
9. Liberator Medical Holdings Exceeds December Sales
10. ReBuilder Medical Technologies, Inc. 4th Quarter Sales Increase 100% Exceeding Projections
11. Liberator Medical Supply Exceeds Projected November Sales
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/25/2016)... D.C. (PRWEB) , ... June 25, 2016 , ... ... discuss health policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, ... their work on several important health care topics including advance care planning, healthcare ...
(Date:6/25/2016)... Beach, CA (PRWEB) , ... June 25, 2016 , ... ... UCLA with Magna Cum Laude and his M.D from the David Geffen School of ... Diego and returned to Los Angeles to complete his fellowship in hematology/oncology at the ...
(Date:6/24/2016)... ... 24, 2016 , ... Those who have experienced traumatic events may suffer from ... avenues, such as drug or alcohol abuse, as a coping mechanism. To avoid this ... coping following a traumatic event. , Trauma sufferers tend to feel a range of ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... for accelerated orthodontic treatment. Dr. Cheng has extensive experience with all areas of ... AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation is a revolutionary adjunct to ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Haute Beauty ... Barry M. Weintraub as a prominent plastic surgeon and the network’s newest partner. ... and the most handsome men, look naturally attractive. Plastic surgery should be invisible.” ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... June 24, 2016  Collagen Matrix, Inc., ("Collagen ... and manufacturing of collagen and mineral based medical ... that Bill Messer has joined the ... further leverage the growing portfolio of oral surgery, ... Bill joins the Collagen Matrix executive team ...
(Date:6/24/2016)... 2016 Research and Markets ... Electronics 2015-2025: Applications, Technologies, Forecasts" report to ... In-Mold Electronics, Smart Skin, Structural Health Monitoring, Composite ... Structural electronics involves electronic and/or electrical components and ... dumb structures such as vehicle bodies or conformally ...
(Date:6/24/2016)... DUBLIN , June 24, 2016 ... "The World Market for Companion Diagnostic Tests" report to ... World Market for Companion Diagnostics The World ... diagnostic and personalized medicine diagnostics. Market analysis in the report ... Diagnostics Test Market (In Vitro Diagnostic Kits) by Region (N. ...
Breaking Medicine Technology: