Corgenix Announces Collaboration With SpectraCell Laboratories
28 Juli 2008 - 11:15AM
PR Newswire (US)
Aspirin effect testing will be added to lab's advanced
cardiovascular assessment services DENVER, July 28
/PRNewswire-FirstCall/ -- Corgenix Medical Corporation (OTC:CONX)
(BULLETIN BOARD: CONX) , a worldwide developer and marketer of
diagnostic test kits, has announced its collaboration with
SpectraCell Corporation, a Houston, Texas-based specialized
clinical testing laboratory company providing cardiovascular and
nutritional testing nationwide. Under terms of the relationship
Corgenix' AspirinWorks(R) product will be used to assess aspirin
effect as part of SpectraCell's extensive cardiovascular risk
assessment services. "SpectraCell is increasingly recognized as a
major lab in the U.S. for individualized cardiovascular testing and
risk assessment. Their unique approach to cardiovascular medicine
provides a perfect fit for aspirin effect testing," said Douglass
Simpson, Corgenix' President and Chief Executive Officer. "This new
association, combined with their physician-directed sales force, is
an important step for Corgenix, and we look forward to a long-term
relationship." The collaboration will allow SpectraCell to take
advantage of Corgenix' unique diagnostic assay that determines the
effect of aspirin on platelets in apparently healthy individuals by
measuring the level of thromboxane production (aspirin's target).
The higher the levels of thromboxane, the stickier the blood
platelets, and the less impact the aspirin is having. Clinical
studies suggest that more than 25 percent of all patients taking
aspirin are not sufficiently protected from suffering a
cardiovascular event. "This arrangement further expands our
functional testing capabilities to include aspirin effect," said
Dr. Fred Crawford, VP of Operations and Technical Director at
SpectraCell Laboratories. "Partnering with Corgenix helps insure
that SpectraCell continues to deliver the most advanced technology
and highest quality service to our physician clients nationwide."
Physicians interested in learning more about SpectraCell's advanced
clinical testing may call 800-227-5227 or e-mail . About Corgenix
Medical Corporation Corgenix is a leader in the development and
manufacturing of specialized diagnostic kits for immunology
disorders, vascular diseases and bone and joint disorders,
including the world's only non-blood-based test for aspirin
non-responsiveness. Corgenix diagnostic products are commercialized
for use in clinical laboratories throughout the world. The company
currently sells over 50 diagnostic products through a global
distribution network. More information is available at
http://www.corgenix.com/. About SpectraCell Laboratories
SpectraCell is a CLIA accredited laboratory that services
healthcare providers nationwide by providing an innovative
assessment of a patient's nutritional and cardiovascular status.
Unlike traditional serum, hair and urine tests, SpectraCell's
patented FIA(TM) (Functional Intracellular Analysis) measures how
an individual's white blood cells respond to varied environments of
vitamins, minerals, amino acids and antioxidants. By evaluating the
functionality of specific nutrients in a patient's own cells,
individual differences in metabolism, age, genetics, health,
prescription drug usage, absorption rate or other factors are taken
into consideration, opening a true "window on intracellular
function." Unlike traditional cholesterol tests, SpectraCell's
LPP(TM) directly measures both the size and number of several
classes of lipoprotein particles, including critical risk factors
as cited by the National Cholesterol Education Program, giving an
accurate assessment of cardiovascular risk. Statements in this
press release that are not strictly historical facts are
"forward-looking" statements (identified by the words "believe",
"estimate", "project", "expect" or similar expressions) within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements inherently involve risks and uncertainties that
could cause actual results to differ materially from the
forward-looking statements. Factors that would cause or contribute
to such differences include, but are not limited to, continued
acceptance of the Company's products and services in the
marketplace, competitive factors, changes in the regulatory
environment, and other risks detailed in the Company's periodic
report filings with the Securities and Exchange Commission. The
statements in this press release are made as of today, based upon
information currently known to management, and the Company does not
undertake any obligation to publicly update or revise any
forward-looking statements. DATASOURCE: Corgenix Medical
Corporation CONTACT: William Critchfield, Senior VP and CFO of
Corgenix Medical Corp., +1-303-453-8903, ; or Dan Snyders, Vice
President and Public Relations Supervisor of Armada Medical
Marketing, +1-303-623-1190, ext. 230, fax, +1-303-623-1191, , for
Corgenix Medical Corporation Web site: http://www.corgenix.com/
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