| Immunarray and 20/20Genesystems |
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December 22, 2008 ImmunArray, Ltd. & 20/20 GeneSystems, Inc. Awarded $950,000 to Co-Develop Blood Test for the Early Detection of Lung Cancer.
Rehovot, ISRAEL, and Rockville, MARYLAND (Dec. 22, 2008) -- ImmunArray Ltd., (Rehovot, Israel) and 20/20 GeneSystems Inc. (Rockville, MD) announce that their two companies have been awarded a grant of $950,000 from the US-Israel Binational Industrial R&D Foundation (BIRD-F). The shared grant will be used to jointly develop a blood test for early diagnosis of lung cancer. The companies have each been independently developing their own tests to diagnose lung cancer--the world’s leading cancer killer--using a similar technical approach, namely, a biochip to detect when the body’s immune system first recognizes the developing tumor. “The immune system has many functions, from wound healing, to tissue regeneration and waste disposal," explains Dr. Eli Sahar, ImmunArray's CEO. "In order to program these functions it must know what is happening to the body. Basically it's like a reporter, surveying the body at all times. If a change occurs, or a disease develops, the immune system senses these changes in real time and reacts appropriately creating antibodies that orchestrate repair mechanisms." Lung cancer is the second most common cancer in terms of annual incidence, with 1.25 million new cases diagnosed every year worldwide, and 175,000 in the US alone. It is also one of the most lethal, as it has a five-year survival rate of just 15%. Many more people could survive this illness if it were only diagnosed at an early stage, as the cancer usually develops unnoticed and is diagnosed only after symptoms have already appeared and the disease has progressed too far. If lung cancer is diagnosed at an early stage, surgical treatment increases the five-year survival rate to over 90%. In some 85 percent of cases lung cancer is a result of smoking. In the US, there are 19 million current or past smokers over the age of 45, the age at which lung cancer incidence rises. These high-risk smokers form a well-defined target population for an early detection test. With this in mind, ImmunArray and 20/20 are combining their biomarkers in hopes that the combination biochip will improve upon the strong accuracies each company is already achieving. “By combining the expertise and resources of two innovative young companies we believe we increase the chances of delivering the best possible test to the healthcare marketplace,” said 20/20 CEO Jonathan Cohen. The companies are striving for a product launch by the end of 2010. About ImmunArray, Ltd. About 20/20 GeneSystems, Inc. About BIRD-F |
