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

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
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SOURCE Xceed Molecular
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