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AccuGenomics to Attend OneMedForum with Standardized Gene Expression Tests for Leukemia and Lung Cancer
Date:1/6/2012

WILMINGTON, N.C., Jan. 6, 2012 /PRNewswire-iReach/ -- AccuGenomics announced today that it will be attending the upcoming OneMedForum at the Sir Francis Drake hotel in San Francisco on January 9-12, coinciding with the JP Morgan Global Healthcare Conference. AccuGenomics, founded in 2010, develops and commercializes standardized gene expression tests that accurately diagnose, monitor and guide cancer treatment. Capitalizing on a high growth diagnostic market, the company offers highly differentiated solutions in molecular diagnostics for leukemia and lung cancer.

Standardization sets AccuGenomics apart in gene expression testing. The company's standardized nucleic acid quantification (SNAQ) method streamlines complex molecular diagnostic testing that meets FDA guidelines and facilitates rapid deployment in a variety of laboratory settings. SNAQ allows hundreds of robust qPCR measurements from limited patient samples. It is insensitive to the variations of instruments, laboratories and sample quality. SNAQ technology also enables bench top complex molecular testing of limited and degraded samples. Thus AccuGenomics' quantitative, reproducible and accurate numerical gene expression measurements are unparalleled.

During 2012, AccuGenomics will be pursuing FDA approval for its standardized test for Chronic Myeoloid Leukemia (CML) treatment monitoring, in collaboration with Cancer Genetics, Inc. (CGI), a leader in the personalization of cancer treatment. CGI will offer the test in their CLIA lab as a CLIA approved test in early 2012. It accurately monitors treatment efficiency in CML patients previous diagnosed with a BCR-ABL fusion gene event. CML is not currently curable but can be controlled with established conventional drug therapies in most patients. Accurate measurements of BCR-ABL fusion transcript are critical to managing CML in those patients who have advanced to accelerated and blast phases as a result of poor response to treatment.

"The field of molecular diagnostics has been seeking a broadly applicable method of standardization to facilitate comparability of data across all labs and platforms," said Dr. Nick Lazaridis, President of AccuGenomics. "Our leading-edge diagnostic solutions in oncology fill that need. We look forward to making new strides in gene expression testing in 2012."

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About AccuGenomics
AccuGenomics is a diagnostic company focused on developing standardized molecular diagnostic tests in oncology utilizing its patented technology. These gene expression tests will generate disease specific data that provide accuracy and intrinsic quality control for patient solutions. Additional information: http://www.accugenomics.com.

Media Contact: Manfred Frey AccuGenomics Inc., 910.332.6522, manfred.frey@pareto-equity.com

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