| Amsterdam,
The Netherlands, December 8, 2004. Agendia BV (Amsterdam,
The Netherlands) and the Molecular Profiling Institute
(MPI, Phoenix, AZ, USA) announced today that they have
reached agreement for distribution of MammaPrint®
in the USA. As announced earlier this week, MammaPrint®
has successfully reached level 3 in evidence based medicine
in an independent international validation under the
lead of TRANSBIG, an international translational research
network.
“We
are very pleased to have MPI as a partner for the USA,
which is a key market for Agendia’s MammaPrint®”.
“It is important to point out that the potential
prospects of the cooperation between Agendia and MPI
go much further than expanding the MammaPrint® market
to the USA”. “The initial distribution agreement
is intended to be expanded into a much broader strategic
cooperation, which should allow both parties to join
forces in two fields: marketing and sales of their future
products and synchronizing their research capabilities,
significantly increasing output of new clinically useful
products”, said Dr. Bernhard Sixt, Chief Executive
Officer of Agendia. “We believe that the MammaPrint®
test will provide an important next step for physicians
bringing personalized medicine to the nation’s
breast cancer patients,” said Robert J. Penny
MD, PhD, President and CEO of MPI. “This agreement
gives eligible patients in the USA instant access to
the latest technology to assess risk of breast cancer
progression”, said Prof. Dr. René Bernards,
CSO of Agendia. “This is already clinically very
relevant today as it will not only allow the identification
of a group of high-risk patients that go undetected
by the conventional diagnostic tests, but MammaPrint®
also adds valuable additional information to cases where
conventional diagnostic parameters yield insufficient
information.”
About MammaPrint®
Scientists at the Netherlands Cancer Institute/Antoni
van Leeuwenhoek hospital (NKI-AVL) recently identified
and validated a 70-gene signature (Van ‘t Veer
et. al, Nature, 2002, Van de Vijver et al, N Engl J
Med, 2002) that predicts the development of distant
metastases in lymph node negative primary breast cancer.
This gene signature has been developed into the diagnostic
test (MammaPrint®), which is marketed by Agendia
BV (Amsterdam, The Netherlands). Under the lead of TRANSBIG,
an international translational research network, an
independent international validation of Agendia’s
MammaPrint® as successfully completed. MammaPrint®
outperformed all currently-used standard diagnostic
criteria in predicting future development of distant
metastases (the development of tumors in other parts
of the body) and overall survival in a large breast
cancer study.
About Agendia:
Agendia BV is located in Amsterdam the Netherlands and
is a company that aims to introduce genomics technologies
in the clinical management of cancer. Agendia was formed
in July of 2003 as a spin off of the Netherlands Cancer
Institute/Antoni van Leeuwenhoek hospital (NKI-AVL)
to allow clinical patients early access to latest research
results in the field of gene expression profiling. Agendia
uses Agilent Technologies microarrays and has a strong
international VC backing with GILDE, GLSV and AXA providing
its first round financing in March of 2004.
About MPI:
The Molecular Profiling Institute, Inc. (MPI) is a specialty
reference laboratory that helps cancer patients worldwide
by applying the discoveries of the Human Genome Project
to personalized medicine. MPI provides cutting-edge
testing facilities, products, and resources for genomic
and proteomic profiling and treatment of cancers. For
further information about ordering MammaPrint® in
the United States contact MPI at (602) 358-8900 or www.molecularprofiling.com.
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