Response Genetics Launches New Test for Cancer Immunotherapy Drug Development
16 Juni 2014 - 1:00PM
Response Genetics, Inc. (Nasdaq:RGDX), a company focused on the
development and sale of molecular diagnostic tests that help guide
cancer therapy selection, today announced the availability of new
testing capabilities to advance cancer immunotherapy clinical
development. The Immuno-Oncology assay, which runs on HTG
Molecular's Edge System, is designed to measure the RNA expression
of 26 commonly investigated immunotherapy related genes enabling
screening for response to immunoregulatory pathways. The
Iummo-Oncology test will be made available to all of Response
Genetics' existing biopharmaceutical partners, and new potential
partners, to aid in development of biomarker driven cancer
immunotherapy clinical trials.
"As the field of cancer immunotherapy continues to expand with
potential immunotherapeutic targets in a broad range of
malignancies, we are pleased to add immunotherapy testing to the
portfolio of services we offer to our biopharma clients," said
Thomas A. Bologna, Chairman and Chief Executive Officer of Response
Genetics. "Regulation of the immune system is the key to
several therapeutic approaches for cancer treatment. A number of
clinical development programs being pioneered by large pharma are
focused on signaling pathways like PD-1, PD-L1, OX-40, LAG3 and
CTLA4 with the goal of enabling the immune system to attack cancer
cells. The new assay covers these pathways as well as numerous
other targets."
Mr. Bologna added, "As evidenced at the recent annual meeting of
the American Society of Clinical Oncology, the characterization of
biomarkers of response to immunotherapeutic agents is focused on
the expression levels of the relevant receptors and
ligands. Response Genetics was among the first commercial
organizations to harness the power of mRNA expression profiling as
a means to guide cancer therapy selection. The addition of the
Immuno-Oncology assay allows our pharma partners to further
leverage our expertise in RNA-based testing to shed light on
potential biomarkers that identify patients likely to respond to
this new class of therapies."
About Response Genetics, Inc.
Response Genetics, Inc. (the "Company") is a CLIA-certified
clinical laboratory focused on the development and sale of
molecular diagnostic testing services for cancer. The
Company's technologies enable extraction and analysis of genetic
information derived from tumor cells stored as formalin-fixed and
paraffin-embedded specimens. The Company's principal customers
include oncologists and pathologists. In addition to
diagnostic testing services, the Company generates revenue from the
sale of its proprietary analytical pharmacogenomic testing services
of clinical trial specimens to the pharmaceutical
industry. The Company's headquarters is located in Los
Angeles, California. For more information, please visit
www.responsegenetics.com.
Forward-Looking Statement Notice
Except for the historical information contained herein, this
press release and the statements of representatives of the Company
related thereto contain or may contain, among other things, certain
forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995.
Such forward-looking statements involve significant risks and
uncertainties. Such statements may include, without
limitation, statements with respect to the Company's plans,
objectives, projections, expectations and intentions, such as the
ability of the Company, to provide clinical testing services to the
medical community, to continue to strengthen and expand its sales
force, to continue to build its digital pathology initiative, to
attract and retain qualified management, to continue to strengthen
marketing capabilities, to expand the suite of ResponseDX®
products, to continue to provide clinical trial support to
pharmaceutical clients, to enter into new collaborations with
pharmaceutical clients, to enter into areas of companion
diagnostics, to continue to execute on its business strategy and
operations, to continue to analyze cancer samples and the potential
for using the results of this research to develop diagnostic tests
for cancer, the usefulness of genetic information to tailor
treatment to patients, and other statements identified by words
such as "project," "may," "could," "would," "should," "believe,"
"expect," "anticipate," "estimate," "intend," "plan" or similar
expressions.
These statements are based upon the current beliefs and
expectations of the Company's management and are subject to
significant risks and uncertainties, including those detailed in
the Company's filings with the Securities and Exchange
Commission. Actual results, including, without limitation,
actual sales results, if any, or the application of funds, may
differ from those set forth in the forward-looking
statements. These forward-looking statements involve certain
risks and uncertainties that are subject to change based on various
factors (many of which are beyond the Company's control). The
Company undertakes no obligation to publicly update forward-looking
statements, whether because of new information, future events or
otherwise, except as required by law.
CONTACT: Investor Relations Contact:
Peter Rahmer
Trout Group
646-378-2973
Company Contact:
Thomas A. Bologna
Chairman & Chief Executive Officer
323-224-3900
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