PRESS RELEASES
Trovagene and Strand Life Sciences Agree to Validate and Commercialize Urine-Based HPV Test in India and South Asia
SAN DIEGO, Sept. 20, 2012 /PRNewswire/ -- Trovagene, Inc. (NASDAQ: TROV) and Strand Life Sciences Pvt Ltd., of Bangalore, India, completed their agreement to validate and commercialize Trovagene's proprietary urine-based Human Papillomavirus (HPV) test for clinical diagnostic and carrier screening use. Trovagene's urine-based HPV test is designed to allow for completely non-invasive HPV carrier screening. Strand's initial target market is an estimated population of over 450 million women between the ages 18 and 65 in India and South Asia.
(Logo: http://photos.prnewswire.com/prnh/20120620/LA28014LOGO)
HPV infection is the leading cause of cervical cancer. In India, cervical cancer is the leading cause of cancer related mortality in women. The incidence and death rate from cervical cancer are five times higher than in the US. The total cost of secondary treatment for cervical cancer is the highest of all chronic conditions, placing a significant burden on the Indian healthcare system.
"We are excited to work with Strand to validate and launch our proprietary HPV test in India and South Asia. Improved logistics, reduced costs and increased compliance can significantly increase HPV screening rates," states Antonius Schuh, Ph.D., chief executive officer of Trovagene. "This is the first milestone in our commercial strategy to make our HPV test available in key healthcare markets globally."
The accuracy of Trovagene's urine-based HPV test was demonstrated in a 320 patient study comparing Trovagene's test with a widely used competitive test that is based on a traditional cervical scraping sample. Trovagene's HPV test was found to have an analytical sensitivity and specificity of 93% and 96%, respectively, for the detection of high risk HPV strains vs. 78% and 86% for the competitive test.
"We have completed transfer of the test protocol and reagents and have initiated analytical validation in our labs," says Vijay Chandru, Ph.D., chairman and chief executive officer of Strand Life Sciences. "We intend to conduct a very thorough clinical validation program in our target population and launch a robust and well validated test. We are partnering with leading public health experts in women's health and will follow best practices in these programs.This test can make HPV screening broadly available to medically underserved patients in our region. Our goal is to provide patients with non-invasive testing options to determine their HPV risk factor and significantly improve women's healthcare in India and South Asia."
About Strand Life Sciences Pvt Ltd.
Strand Life Sciences – "Strand" has pioneered the practice of scientific intelligence in life and health sciences. Strand's segue into the life sciences was through products and services for research biologists, chemists, and toxicologists that combine advanced visualization, predictive systems modeling, data integration and scientific context management. Over 2000 research laboratories worldwide (about 30% of global market share) are licensees of Strand's technology products as are several leading Pharmaceutical and Biotechnology companies. Strand and its partner Ganit Labs share additional 10,000 square feet of laboratory space with state of the art clinical genomics capabilities and capacity for pre-clinical toxicology assays of lead compounds.
For more information, visit www.strandls.com or e-mail us at bizdev@strandls.com.
About Trovagene, Inc.
Headquartered in San Diego, California, Trovagene is developing its patented technology for the detection of transrenal DNA and RNA, short nucleic acid fragments, originating from normal and diseased cell death that cross the kidney barrier and can be detected in urine. Trovagene is leveraging its intellectual property in oncogene mutations via out-licensing and use of its transrenal technologies to extend oncogene mutation detection using urine as a sample. As a non-invasive and abundant sample, urine may overcome many of the cost and collection challenges associated with biopsy, as well as the volume limitations of blood.
Trovagene has a strong patent position as it relates to transrenal molecular testing. It has U.S. and European patent applications and issued patents that cover testing for HPV and other infectious diseases, cancer, transplantation, prenatal and genetic testing. In addition, it owns worldwide rights to nucleophosmin-1 (NPM1), an informative biomarker for acute myeloid leukemia (AML) and mutations in the SF3B1 gene, which have been shown to be associated with chemotherapy response in chronic lymphocytic leukemia (CLL) patients.
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimated" and "intend," among others. These forward-looking statements are based on Trovagene's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, substantial competition; our ability to continue as a going concern; our need for additional financing; uncertainties of patent protection and litigation; uncertainties of government or third party payer reimbursement; limited sales and marketing efforts and dependence upon third parties; and risks related to failure to obtain FDA clearances or approvals and noncompliance with FDA regulations. As with any medical diagnostic tests under development, there are significant risks in the development, regulatory approval and commercialization of new products. There are no guarantees that future clinical trials discussed in this press release will be completed or successful or that any product will receive regulatory approval for any indication or prove to be commercially successful. Trovagene does not undertake an obligation to update or revise any forward-looking statement. Investors should read the risk factors set forth in Trovagene's Form 10-K for the year ended December 31, 2011 and other periodic reports filed with the Securities and Exchange Commission.
Contact |
|
Trovagene, Inc. |
Strand Life Sciences Pvt Ltd. |
Michael Terry |
Vikash Neelakantan |
Business Development |
Assistant Manager – Business Operations |
+1 (858) 496-7641 |
+91 (80) 40787258 |
SOURCE Trovagene, Inc.
Leaked emails show Mark Zuckerberg is worried Facebook is no longer relevant, know reason inside
When Isha Ambani opened up about conceiving twins through IVF: 'Nobody should feel ashamed'
Why Ben Affleck hated wearing Batsuit? Actor reveals real reason, says, 'They don't...'
Watch: Rohit Sharma opens up on getting a stand named after him at Wankhede Stadium
GST on UPI transactions over Rs 2000? Here's what government says
Viral video: Giant 7-foot Kangaroo standing in backyard terrifies internet: ‘Horror movie material’
World Economic Outlook 2025: What has IMF said about RECESSION amid Trump tariff turmoil?
Sobhita Dhulipala dazzles in Rahul Mishra’s golden gown that took 1600 hours to create
Can Donald Trump Fire Federal Reserve Chair Jerome Powell? Legal barriers, economic fears explained
Russian drone attack on Ukraine kills 1, leaves 70 injured: 'This is how Russia began Good Friday'
What is 'Riyasat-e-Madina'? After Imran Khan, Pakistan Army Chief Asim Munir advocates it because...
Rift in RR camp? Sanju Samson ignores Rahul Dravid, team meeting in dugout; video goes viral
Meet billionaire neighbours of Mukesh Ambani, Nita Ambani living near Rs 15000 crore Antilia
Pat Cummins to miss rest of IPL 2025? SRH captain’s wife's cryptic Instagram post sparks speculation
JEE Main 2025 Results: NTA re-releases final answer keys, steps to download PDF
Athiya Shetty, KL Rahul announce their daughter's name, Evaarah; it means 'gift of...'
Senior JNU professor suspended for alleged sexual harassment of Japanese researcher
Easter 2025: Know the date, history, significance and celebrations of Easter Sunday
India-Bangladesh trade war: Can Dhaka afford to jeopardise its $47B garment industry?
PM Modi, Elon Musk discuss potential collaboration in technology, Prime Minister says...
Meet Sheetal Ganesan, MI star Jasprit Bumrah's sister-in-law, her profession is..., she lives in...
Two AI Researchers Win Prestigious Award for Advancing Cybersecurity
Missing Tamil actor Shriram Natarajan found undergoing medical care, family requests privacy
Infosys layoffs: Narayana Murthy's company fires 240 trainees due to..., offers them...
Viral Video: Woman drowns in Ganga while filming reel in Uttarakhand, daughter screams 'mummy'
MI vs SRH: Ishan Kishan gets warm pat on cheek from Mumbai Indians owner Nita Ambani
Mukesh Ambani’s driver earns more than many top executives, his monthly salary is Rs...
Knife-wielding US man attempts to hijack plane in Belize, shot dead by passenger
Mahakumbh 2025 over, but when will Kalki, the 10th avatar of Lord Vishnu, arrive? Answer is...
Asim Riaz thrown out of Battleground after ugly fight with Rubina Dilaik, Abhishek Malhan: Report
Bad news for people living in flats, they will have to pay 18% GST due to...
How much would it cost to build Taj Mahal today? Price will blow your mind, it will be Rs...
Kesari Chapter 2: Akshay Kumar, R Madhavan's film leaves netizens angry, emotional, in tears, watch