PROTEOME SCIENCES plc
PRESS RELEASE
Licence Agreement in HTS Stroke
June 28, 2006. Proteome Sciences plc ("Proteome Sciences") is pleased to
announce a licence agreement with one of the top 10 global leaders in clinical
diagnostics to use its biomarkers for the detection, diagnosis and monitoring
of stroke. This is a new area for the licencee who has determined not to
disclose its identity at this time for competitive reasons. The biomarkers were
discovered and validated using a combination of different proteomic approaches
available for external use through the proprietary ProteoSHOP® platform.
Stroke is the brain equivalent of a heart attack. Blood must flow in and
through the brain for it to function. If its flow is obstructed by a blood clot
moving to the brain or by narrowing or blocking of blood vessels, the brain
loses its energy supply, causing damage to tissues leading to stroke.
Annually, 15 million people worldwide suffer a stroke. Of these, 5.5 million
die and another 5 million are left permanently disabled, placing a burden on
family and community.
Stroke is the third leading cause of death in the US (160,000 deaths) with
annual costs of $57.9bn for stroke-medical related costs and disability and the
single most common cause of severe disability. 750,000 people are diagnosed in
the US annually having new or recent strokes.
Under the research licence, a number of Proteome Sciences biomarkers will be
tested in stroke for inclusion on a new panel for the licencee's
high-throughput diagnostic platforms. No financial details were disclosed.
The preliminary announcement of Proteome Sciences results for the year ended
31st December, 2005 will be released by 30th June, 2006.
Christopher Pearce, CEO of Proteome Sciences, said:
" This licencee is world renowned in clinical diagnostics and has built a
strong customer base ideally placed to introduce and support new stroke
diagnostic products globally. This reflects their commitment to develop
innovative assays and solutions to address the major unmet diagnostic and
prognostic needs in stroke.
They have been impressed by Proteome Sciences' ProteoSHOP® technology to
discover novel biomarkers in blood and to progress these rapidly for the market
place. This agreement brings important new biomarkers to their IVD pipeline and
the opportunity to diagnose stroke in a high- throughput system. We look
forward to incorporation of our stroke markers onto their systems and to a
rapid introduction of an HTS stroke test."
- Ends -
Notes to Editors:
Stroke
Stroke is the brain equivalent of a heart attack. Blood must flow in and
through the brain for it to function. If its flow is obstructed by a blood clot
moving to the brain or by narrowing or blocking of blood vessels, the brain
loses its energy supply, causing damage to tissues leading to stroke.
Annually, 15 million people worldwide suffer a stroke. Of these, 5.5 million
die and another 5 million are left permanently disabled, placing a burden on
family and community.
Stroke is the third leading cause of death in the US (160,000 deaths) with
annual costs of $57.9bn for stroke-medical related costs and disability and is
the single most common cause of severe disability. 750,000 people are diagnosed
in the US annually having new or recent strokes.
Proteome Sciences plc
Proteome Sciences plc, a global leader in applied proteomics, uses high
sensitivity proprietary technologies to detect differentially expressed
proteins in diseases. The protein biomarkers discovered in body fluids or
tissues are validated, developed and commercialised as diagnostic, prognostic
or therapeutic products through strategic alliances and out-licensing.
Through its unique ProteoSHOP® toolbox, Proteome Sciences provides high
sensitivity/high throughput proteomics solutions, including traditional two
dimensional gel-based electrophoresis (2DE) and proprietary gel-free protein
sequence tag technologies (PST®, qPST™ & TMT®), to major pharma, biotechnology
and diagnostic companies, to discover and exploit protein biomarkers. Chemical
mass tags for isobaric labelling have been developed as stand-alone reagents.
For further information please visit www.proteomics.com
Enquiries:
Proteome Sciences plc
Christopher Pearce Chief Executive
James Malthouse Finance Director
Tel: +44 (0)1932 865065
Fax: +44 (0)1932 868969
Email: helpdesk@proteomics.com
Public Relations for Proteome Sciences
IKON Associates
Adrian Shaw
Tel: +44 (0)1483 535102
Mobile: +44 (0)797 9900733
Email: adrian@ikonassociates.com
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.