Response Genetics Expands Distribution of ResponseDX(R) Product Portfolio Into International Markets
14 5월 2014 - 8:00PM
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 execution of a commercial
agreement with DxM Diagnostico Molecular ("DIFRA"), a leading
distributor for cancer testing in Mexico, to offer the ResponseDX
testing services to patients throughout Mexico.
The agreement covers the ResponseDX: Tissue of Origin™ test as
well as the other targeted molecular tests in the Response Genetics
portfolio. The ResponseDX: Tissue of Origin™ test is an FDA-cleared
test that uses gene expression analysis to provide a definitive
diagnosis for poorly-differentiated or metastatic cancers without a
clear primary origin. The test was acquired by Response Genetics in
August 2013 and re-introduced to the market in February 2014.
Cancer is currently the second leading cause of death in Mexico,
with approximately 125,000 new cases each year and projections for
doubling to 250,000 new cases per year by 2030.1 DIFRA will market
the ResponseDX portfolio through presentations to hospitals and
physician practices including presenting the ResponseDX: Tissue of
Origin™ test to oncologists, physicians and key opinion leaders at
the June 2014 Best of ASCO meeting in Mexico City.
"We believe the ResponseDX® offerings, including our new and
recently introduced proprietary Tissue of Origin test provides
differentiated content to effectively pursue international market
opportunities" said Thomas Bologna, Chairman and Chief Executive
Officer of Response Genetics. "One of our initiatives is to
increase access to our testing services both domestically and
internationally. DIFRA will facilitate access to the full
complement of our portfolio to Mexican oncologists and
pathologists. We believe our extensive molecularly-focused solid
tumor menu coupled with high service levels and market-leading
innovation will provide Mexico's cancer community with optimal
options for the therapy-selection decision-making tools they
seek."
The new agreement is the first in Central America for Response
Genetics, as the company continues to expand its testing services
including profiles for lung, colon, gastric, breast, and thyroid
cancers and melanoma into international markets. The company is
pursuing distribution agreements in Asia, Europe and the Middle
East.
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.
1. http://globocan.iarc.fr/Pages/Map.aspx
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 the ResponseDX: Tissue of Origin™ test, 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
Response Genetics (CE) (USOTC:RGDXQ)
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