Cancer Genetics Selected to Power Next-Generation Sequencing Services for ReproCELL, a Global Regenerative Medicine Market Leader, in a Multi-Year Agreement

Loading...
Loading...
Cancer Genetics, Inc.
CGIX
("CGI" or the "Company") announced today that it was selected by Japanese regenerative medicine company, ReproCELL, Inc., to provide next-generation sequencing (NGS) based services and molecular information to enhance ReproCELL's translational medicine initiatives. Under the terms of the agreement, CGI will perform NGS using its recently launched Focus::Hotspot™ panel. This panel targets clinically actionable and validated mutations found in several of the most common solid tumors including breast, colorectal, and lung cancers. CGI expects to process several thousand samples over the next two years at the Company's genomic lab in Hyderabad, India to aid ReproCELL in advancing its product development portfolio. ReproCELL, Inc., (Tokyo Stock Exchange:4978) based in Yokohama, Japan, is a global leader in stem-cell technology based regenerative medicine, with operations in Asia, the United States, and Europe. ReproCELL will be utilizing the genomic information derived from CG India's Focus::Hotspot™ panel to annotate tumor samples and develop a comprehensive database of cancer mutational information to accelerate translational efforts. Historically, tumor sample registries do not maintain data linking genomic mutations to tumor subtypes. Adding data to tumor sample registries will provide ReproCELL's biopharmaceutical clients with the ability to access unique genetic signatures, which they may compare with patient samples, facilitating the design of personalized treatment plans. "Cancer Genetics NGS Focus::Hotspot™ panel will provide us with the capability and translational information to offer our partners access to the genomic insights that will improve the effectiveness of their development efforts," said Dr. Chikafumi Yokoyama, CEO at ReproCELL. "Our position in next-generation drug discovery and regenerative medicine can be enhanced by focused translational initiatives that integrate genomic and molecular knowledge with our core technology." The NGS Focus::Hotspot™ panel provides a comprehensive genomic assessment of the most common solid-tumor cancer mutations, with increased sensitivity compared to other testing methodologies. Due to its laboratory infrastructure in multiple countries, Cancer Genetics is uniquely positioned to provide NGS-based genomic services to leading and emerging biopharma partners, such as ReproCELL, around the world. "Working with ReproCELL is a clear example of how genomic insights and regenerative medicine are coming together to transform drug discovery and healthcare. This effort represents a major milestone for Cancer Genetics, and our India operation, as we continue to focus on its high-quality growth, and on partnering with companies in the region that can utilize our capabilities to accelerate our understanding of cancer," said Panna Sharma, CEO of Cancer Genetics. For more information, please visit or follow us: Internet: www.cancergenetics.com or www.cancergeneticsindia.com Twitter: @Cancer_Genetics Facebook: www.facebook.com/CancerGenetics
Loading...
Loading...
Posted In: NewsPress Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...