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Assurex Health Announces International Expansion through Canadian Partnership with the Centre for Addiction and Mental Health
Date:11/19/2013

patient response to antidepressants, and a 28% reduction in health care costs. 

"We are thrilled about our collaboration with CAMH and the opportunity to combine our leading pharmacogenomics technology to serve the Canadian market," said James S. Burns, CEO of Assurex Health. "CAMH is a global thought leader in mental health research and treatment. CAMH discoveries will further enhance our GeneSight products, aiding medication selection and augmenting patient responses to antidepressant and antipsychotic medications. We look forward to working together to help the millions of mental health patients who desire better treatment outcomes," said Burns.

AssureRx Canada has been established as a subsidiary of Assurex Health, with equity ownership by CAMH and Assurex Health, including a Canadian office in Toronto and a certified clinical lab on CAMH premises. A key initial priority of the collaboration includes GeneSight testing of 20,000 Ontario patients for the purpose of improving patient treatment outcomes and reducing mental health care costs in the Province of Ontario. Further objectives include test validation and clinical studies to enhance GeneSight with new genetic markers discovered by CAMH. These include markers to predict which individuals will experience rapid weight gain after taking anti-psychotic medications, a side effect that impacts many patients.  Through this partnership, CAMH will continue research and discovery into genetic markers with AssureRx Canada retaining exclusive rights to commercialize these discoveries globally. The combination of Assurex Health's development and delivery expertise with CAMH's research expertise ensures that progress in this area of personalized medicine will continue to grow for U.S. and Canadian mental health patients.

"This unique partnership combines CAMH's research discoveries of
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SOURCE Assurex Health
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