CancerGuide Diagnostics, Duke University form cancer research collaboration and licensing agreement

Apr 7 2010

CancerGuide Diagnostics™, Inc. (CancerGuide™) today announced that it has entered into a research collaboration and licensing agreement with Duke University to discover and develop tests to support individualized cancer treatment decisions. This relationship provides CancerGuide with exclusive commercial rights to a portfolio of well-published and rigorously-validated molecular signatures that predict response for targeted therapeutics as well as collaborative access to clinical research and new molecular discoveries from Duke, one of the nation's premier cancer research institutions.

“CancerGuide now has access to a suite of compelling technologies and know-how that has potential to guide therapy selection decisions for clinicians and to provide highly needed predictive tools for drug developers in the coming years”

CancerGuide will use these technologies with its pharmaceutical clients to improve the efficiency of the drug development process and to develop and commercialize novel clinical diagnostics through its existing agreement with LabCorp.

"Duke Medicine is dedicated to ensuring that important new medical discoveries are brought into clinical practice," stated Robert L. Taber, PhD., Vice Chancellor of Corporate and Venture Development at Duke University. "We are very excited about the potential of our partnership with CancerGuide to bring about dramatic advances in the management of cancer treatment."

"CancerGuide has begun building a well-characterized genomic knowledge database compiled from years of clinical studies. This tool coupled with expert consultation by two of the foremost, pioneering scientists in the cancer genomic field, will give drug developers the highest level of actionable data and precision to enhance the likelihood of clinical success of their targeted therapeutic," said Geoffrey Ginsburg, M.D., PhD., Director of the Center for Genomic Medicine in the Duke Institute for Genome Sciences and Policy.

"CancerGuide now has access to a suite of compelling technologies and know-how that has potential to guide therapy selection decisions for clinicians and to provide highly needed predictive tools for drug developers in the coming years," stated Myla Lai-Goldman, M.D., CEO of CancerGuide.