Original from: genomeweb
Prostatype Genomics said on Monday that it has formed a commercialization alliance for its gene-based prostate cancer test with Swedish genetic testing provider Life Genomics.
The CE-marked test, called Prostatype, analyzes the expression of three prostate cancer-associated genes ¡ª IGFBP3, F3, and VGLL3 ¡ª in patient biopsies and combines this with prostate-specific antigen levels, Gleason score, and tumor stage to determine tumor aggressiveness and guide treatment decisions.
Under the terms of the nonexclusive deal, Life Genomics will manage the test process ¡ª which includes receiving referrals, performing the test, and reporting results ¡ª in all Nordic countries. Financial and other terms were not disclosed.
The agreement is "another important step" in the commercialization of the gene test, Prostatype CEO Fredrik Person said in a statement. "The company determined that the laboratory handling of the test should be handled by an external partner ¡ [in] all markets in which we operate. We will soon present further collaborations on the laboratory side for other geographic markets."
Stockholm-based Prostatype is a spinout of the Karolinska Institutet.
Source: Prostatype Genomics, Life Genomics Ink Commercialization Deal for Prostate Cancer Test