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University of Michigan agrees to licensing of mammastatin technology.

Women's Health Weekly

| June 12, 2003 | COPYRIGHT 2003 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

2003 JUN 12 - (NewsRx.com & NewsRx.net) -- Genesis Bioventures, Inc., (GBI) announced that the University of Michigan has granted exclusive worldwide licensing rights to the company for diagnostic uses of the mammastatin technology.

Mammastatin is a protein that has been found in studies to be present in the blood of most healthy women and absent, or in low levels, in the blood of most breast cancer patients or women known to be at high risk for developing breast cancer.

Research has shown that measuring the level of mammastatin in serum samples may be a useful breast health assessment tool, particularly as it relates to risk of developing breast cancer. A recent peer-reviewed publication in the March 2003 issue of IVD (In Vitro Diagnostics) Technology describes the technology and study results in more detail.

The license agreement secures the independent technology rights for GBI and its sublicensee, Biomedical Diagnostics, LLC, (Biomedical), a wholly owned subsidiary of GBI. Biomedical previously established leadership in the use of biological measures to develop the only blood serum test currently ...

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Source: HighBeam Research, University of Michigan agrees to licensing of mammastatin technology.

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