AMDL, Inc. Enters Into Collaboration Agreement to Advance Development of Its AMDL DR-70 (FDP) Cancer Test
Posted on: Wednesday, 11 March 2009, 08:30 CDT
Partnership to validate enhanced version of DR-70 cancer test
Through this validation study, AMDL and Mayo Clinic will perform clinical diagnostic testing to compare AMDL's DR-70 (FDP) cancer test with a newly developed, next generation test. The primary goal of the study is to determine whether AMDL's next generation DR-70 (FDP) test serves as a higher-performing test to its existing predicate test and can lead to improved accuracy in the detection of early-stage cancers. For US FDA regulatory approval on the new test, AMDL intends to perform an additional study to demonstrate the safety and effectiveness of the next generation test for monitoring colorectal cancer ("CRC"). The validation study will run for three months and final results are expected in the second or third quarter of 2009.
"These efforts will be a significant step in validating the efficacy of our next generation DR-70 test as a valuable tool for the monitoring of early stage cancers," commented Dr.
Although one of the most commonly diagnosed cancers, CRC is the third most common cancer worldwide and the second leading cause of cancer deaths (irrespective of gender) in
*National Cancer Institute: Cancer Facts and Figures 2008.
**Bull World Health Organ: Shike M, Winawer SJ, Greenwald PH, et al.
About AMDL:
Headquartered in
About Mayo Clinic
Mayo Validation Support Services, an affiliate of Mayo Clinic, based in
Forward Looking Statements:
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this document include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products, and prices. With respect to AMDL Inc., except for the historical information contained herein, the matters discussed in this document are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-
looking statements.
AMDL Contact: Kristine Szarkowitz Director-Investor Relations kszarkowitz@amdl.com (Tel :) 206.310.5323SOURCE AMDL, Inc.
Source: PR Newswire
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