LABEC Pharma to Begin Selling Interleukin Genetics' Heart Health Genetic Test in Europe
19 1월 2010 - 9:30PM
PR Newswire (US)
WALTHAM, Mass. and MADRID, Jan. 19 /PRNewswire-FirstCall/ --
Interleukin Genetics, Inc. (NYSE Amex: ILI) and LABEC Pharma, S.L.
announced today that LABEC Pharma has met European regulatory
guidelines to sell Interleukin Genetics' Heart Health genetic test.
The test, which helps to identify individuals at elevated risk for
early heart attack, will be marketed to physicians in Spain and
Portugal by LABEC Pharma under the product name Cardio Health(TM).
Samples will be processed at Interleukin Genetics' CLIA-certified
laboratory in Waltham, MA and the Company will receive royalties
and processing fees for each test sold. LABEC Pharma will begin
selling the Cardio Health(TM) genetic test in January 2010. The
Interleukin Genetics Cardio Health(TM) test is the first and only
genetic test to identify multiple genetic variations that can lead
to overproduction of certain chemicals in the body resulting in
inflammation. Individuals with certain interleukin genotypes have a
statistically significant risk above standard risk factors for
heart attack over those individuals without these genetic patterns.
"We are pleased to begin our partnership with LABEC Pharma on
distribution of our Cardio Health(TM) genetic test to the physician
community in two European Countries," said Lewis H. Bender, CEO,
Interleukin Genetics, Inc. "Physicians will now have the
opportunity to identify patients at elevated risk for heart attack
due to chronic underlying inflammation and recommend the
appropriate action to improve health outcomes." "The Interleukin
Genetics' test is a unique product and has been validated by two
independent clinical studies that demonstrated its ability to
identify individuals with significantly elevated risk of heart
attack," said Javier de Echevarria, CEO, LABEC Pharma, "We are
pleased to be able to offer this product to physicians treating
Cardiovascular disease in Spain and Portugal and are confident it
will provide very useful information to physicians." About
Interleukin Genetics Interleukin Genetics, Inc. (NYSE Amex: ILI)
develops and markets genetic tests that empower consumers to
prevent certain chronic diseases and that assist pharmaceutical
companies in the development and marketing of targeted
therapeutics. The Company leverages its research, intellectual
property and biomarker development experience to facilitate the
emerging personalized health market. Interleukin Genetics markets a
line of genetic tests under the Inherent Health brand including
Bone Health, Weight Management, Heart Health and Nutritional Needs.
The Company is headquartered in Waltham, MA. For more information
please visit http://www.ilgenetics.com/. About LABEC Pharma LABEC
Pharma, S.L. is a leading distributor of advanced diagnostic tests,
with presence in Europe and Latin America. Focused on identifying
state-of-the-art diagnostics, LABEC Pharma has partnership
agreements with the leading hospitals and reference labs in the
countries in which it operates, to make available those tests to
physicians and patients. Amongst its products, LABEC Pharma
distributes HPV OncoTect, a high predictive value early diagnostic
test for cervical cancer. LABEC Pharma is headquartered in Madrid,
Spain. For more information about LABEC Pharma, its products and
ongoing programs, please visit: http://www.labec.net/. Certain
statements contained herein are "forward-looking" statements
including statements relating to the future use of the Cardio
Health test by physicians in Spain and Portugal. Because such
statements include risks and uncertainties, actual results may
differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause actual results
to differ materially from those expressed or implied by such
forward-looking statements include, but are not limited to, the
risk of market acceptance of the Company's products, the risk of
technology and product obsolescence, delays in product development,
the performance of commercial partners, the availability of
adequate capital, the actions of competitors and other competitive
risks, and those risks and uncertainties described in the Company's
annual report on Form 10-K, quarterly reports on Form 10-Q and
other filings with the Securities and Exchange Commission. The
Company disclaims any obligation or intention to update these
forward-looking statements. DATASOURCE: Interleukin Genetics, Inc.
CONTACT: Media: Erin Walsh of Interleukin Genetics,
+1-781-419-4707, ; or Cristina Guillen of LABEC Pharma,
+34-91-515-91-71, Web Site: http://www.ilgenetics.com/
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