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Share Name | Share Symbol | Market | Type |
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Primi Sui Motori SpA | BIT:PRM | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.0664 | 0.00 | 00:00:00 |
RNS Number:6140U Proteome Sciences PLC 26 January 2004 PRESS RELEASE 26th January, 2004 GRANT OF US CANCER PATENT FOR NEUROBLASTOMA AND GLIOMA IN BLOOD Proteome Sciences plc ("Proteome Sciences") is pleased to announce that a further US Patent has been granted to the University of Michigan in another area of cancer research funded by Proteome Sciences. The patent for the diagnosis of neuroblastoma and glioma in blood is exclusively licensed to Proteome Sciences for product commercialisation. This award follows shortly after the US patent grant issued in November for the diagnosis and treatment for lung, breast and oesophagus cancer in blood. Neuroblastoma Neuroblastoma is a cancer of the sympathetic nervous system, a nerve network throughout the body which carries messages from the brain. It is a solid, malignant tumour which manifests as a lump or mass in the abdomen or around the spinal cord in the chest, neck or pelvis and is often present at birth but is most often diagnosed much later when a child begins to show symptoms of the disease. Despite its relatively low incidence, neuroblastoma is a serious disease with long term consequences, in particular increased risk of developing other tumours later in life. As a consequence, many countries are investigating routine screening for neuroblastoma using a test that measures catecholamine, a metabolic product of the tumour cell. In Japan alone, approximately 1 million tests per year are performed with similar numbers occurring in Germany. In a single study in Quebec, approximately 500,000 children were tested in a 12 month period. These studies are showing that the catecholamine test over- diagnoses neuroblastoma with little evidence of improved clinical outcome, and clearly endorses the need for a more specific and sensitive test. Unlike the catecholamine test, the tumour specific protein markers discovered in Ann Arbor by Proteome Sciences collaborators have considerable potential as specific, sensitive, early diagnostic markers of neuroblastoma. Key statistics *5-7% of all childhood tumours *about 1 in 6,000 children will be diagnosed *1 in 100,000 clinical cases per year in US *the average age at diagnosis is 2 years *about 25% of newly diagnosed neuroblastoma cases are in children under the age of one *children diagnosed under the age of one have a cure rate around 90% Proteome Sciences is actively pursuing licensing partners to co-develop and commercialise new diagnostic and prognostic tests for neuroblastoma. Commenting on the announcement, Christopher Pearce, Chief Executive of Proteome Sciences said: "The grant of this patent for neuroblastoma and glioma so soon after the award of the US patent 'Annexin Proteins and Autoantibodies as Serum Markers for Cancer' in November for diagnosis and monitoring of three major cancers - lung, breast and oesophageal - in blood, confirms the utility and importance of proteomics to provide a new generation of products in human disease and, in particular in the case of neuroblastoma, the global requirement for a more sensitive and specific test. We have focussed our research programme to target major areas of unmet need in cancer, neurosciences, diabetes/obesity and cardiovascular disease using ProteoSHOP, our proprietary high output protein toolbox. This will enable us to accelerate the discovery and commercialisation of novel protein biomarkers for diagnostic, prognostic and therapeutic applications." - ENDS - For further information please contact: Proteome Sciences plc Christopher Pearce, Chief Executive Tel: +44 (0)1932 865065 Email: christopher.pearce@proteomics.com Website: www.proteomics.com Public Relations for Proteome Sciences IKON Associates Adrian Shaw Tel: +44 (0)1483535102 Mobile: +44 (0)797 9900733 Email: adrian@ikonassociates.com Notes to Editors: Proteome Sciences plc applies high sensitivity proteomics to identify and characterise differential protein expression in diseases for diagnostic, prognostic and therapeutic applications. It has to date developed sensitive blood assays for stroke, nvCJD, BSE and solid organ transplant rejection. The main focus of its research currently addresses neurological, neurodegenerative, diabetes/obesity, oncology and cardiovascular conditions. Commercialisation of these programmes will be effected through strategic alliances and licensing agreements. Proteome Sciences is headquartered in Cobham, Surrey in the UK and has laboratories at Kings College Hospital, London and in Frankfurt. It employs 40 full time scientists in addition to its corporate and business development staff. The Company has been listed on the Alternative Investment Market since 1995. This information is provided by RNS The company news service from the London Stock Exchange END REAGIGDBCXDGGSL
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