17.07.2007 16:00:00
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Diagnostic HYBRIDS Lead Researcher Receives Prestigious Award From the National Academy of Clinical Biochemistry
A team of researchers headed up by Diagnostic HYBRIDS’
Director of Monoclonal Antibody Product Development, Jimmy Page, Ph.D.,
and Mark Carle Connelly, Ph.D., Vice President of Reagent Development
for Immunicon Corporation (NASDAQ:IMMC), has received the National
Academy of Biochemistry’s Distinguished
Abstract Award from the National Academy of Clinical Biochemistry for
their abstract and poster presentation on an automated cell
interrogation system designed to detect respiratory virus-infected cells
directly in nasopharyngeal specimens from patients.
The poster, "Adaptation of Automated Rare Cell
Analysis to Direct Detection of Virus-Infected Cells in Cell Culture and
Nasopharyngeal (NP) Samples”, to be presented
at the American Association for Clinical Chemistry’s
(AACC) Annual Meeting in San Diego, Calif., July 15-19, 2007, was
selected as one of only 14 posters to receive the award. More than 720
entries were submitted.
"My co-authors and I are honored that our
research has been chosen by the NACB for this prestigious award,"
Page said. "We are excited about the
potential of this system to improve clinical practice for common upper
respiratory ailments and encouraged by this vote of confidence,”
he added.
The research poster describes development of a next-generation automated
system that provides rapid, sensitive, and objective detection of three
of the most common respiratory viruses, Influenza A, Influenza B, and
Respiratory Syncytial Virus, directly in the cells of patient specimens.
Early experiments presented in the original abstract utilizing magnetic
capture technology are followed by more promising recent findings
summarized in the poster: Innovative sample processing coupled with
automated fluorescence microscopy and sophisticated computer-driven
algorithms were shown to allow objective, highly sensitive test results
to be obtained in under 10 minutes, according to Connelly.
When fully developed and commercially available, the system is expected
to provide clinicians and laboratories with objective, rapid, highly
sensitive and specific results for use in diagnosing respiratory
diseases caused by viruses, such as influenza. By quickly and accurately
identifying the virus causing the infection, the clinician can prescribe
the appropriate antiviral drug therapy that will eliminate the virus and
hasten improvement of the patient’s
condition. Also, identifying a virus as the infectious agent should
reduce the inappropriate use of antibiotic therapy, which is often
prescribed for lack of knowledge of whether the infectious agent is
bacterial or viral in origin. Diagnostic HYBRIDS plans further and more
extensive testing of the system in clinical laboratories during the
coming Influenza season in order to develop data for submission to the
FDA.
Page will be in attendance and honored along with other award winners at
this year’s NACB awards luncheon July 18
during the AACC meeting in San Diego.
About Diagnostic HYBRIDS
Diagnostic HYBRIDS invents, develops, manufactures, and sells innovative
diagnostic and analytical products for a wide range of viral respiratory
diseases, herpes virus infections, and other specific viral and thyroid
diseases. The company also develops and commercializes innovative and
genetically engineered cell-based detection products for the
pharmaceutical and biotechnology industry, with an initial focus on
pharmacology assays and products that measure drug clearance and
anti-viral interventions with drugs and vaccines. The company is
certified to ISO 13485 standards and manufactures live continuous and
primary cell cultures for clinical diagnostics and pharmacology assays
from its headquarters in Athens, OH. Diagnostic HYBRIDS was named one of
the 500 Fastest Growing Companies in America in 2004 and 2005 by Inc. Magazine.
The company is a pillar member of BioOhio, a statewide organization of
bioscience companies accelerating the bioscience and healthcare economy
in Ohio. For more information, please visit www.dhiusa.com.
About Immunicon Corporation
Immunicon Corporation is developing and commercializing proprietary
cell- and molecular-based human diagnostic and life science research
products, and is providing certain analytical services to pharmaceutical
and biotechnology companies to assist them in developing new therapeutic
agents, with an initial focus on cancer disease management. Immunicon
has developed platform technologies to identify, count and characterize
a small number of rare cells in blood, such as circulating tumor cells
and circulating endothelial cells that are important in many diseases
and biological processes. Immunicon’s
products and underlying technology platforms also have application in
cancer research and may have applications in other fields of medicine,
such as cardiovascular and infectious diseases. For more information,
please visit www.immunicon.com.
Forward-Looking Statements
This press release may contain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are often preceded by words such as "hope,” "may,” "believe,” "anticipate,” "plan,” "expect,” "intend,” "assume,” "will”
and similar expressions. Forward-looking statements contained in this
press release include, among others, statements regarding the
anticipated clinical utility of Immunicon’s
products and other statements not of historical fact. Immunicon cautions
investors not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release, are
based on the current expectations and intent of the management of
Immunicon and involve certain factors, such as risks and uncertainties
that may cause actual results to be far different from those suggested
by these statements. These statements are not guarantees of future
performance and involve risks and uncertainties that are difficult to
predict, including, but not limited to, risks and uncertainties
associated with: Immunicon’s dependence on
Veridex, LLC, a Johnson & Johnson company, in the field of cancer cell
analysis; the ability to earn license and milestone payments under
Immunicon’s agreement with Veridex; Immunicon’s
capital and financing needs; research and development and clinical trial
expenditures; commercialization of product candidates; Immunicon’s
ability to obtain licenses from third parties to commercialize products;
Immunicon’s ability to manage its growth;
obtaining necessary regulatory approvals; reliance on third party
manufacturers and suppliers; reimbursement by third party payors to
Immunicon’s customers; compliance with
applicable manufacturing standards; retaining key personnel; delays in
the development of new products or planned improvements to products;
effectiveness of products compared to competitors’
products; protection of Immunicon’s
intellectual property; conflicts with third party intellectual property;
product liability lawsuits that may be brought against Immunicon; labor,
contract or technical difficulties; and competitive pressures in
Immunicon’s industry. These factors are
discussed in more detail in Immunicon’s
filings with the Securities and Exchange Commission. Except as required
by law, Immunicon accepts no responsibility for updating the information
contained in this press release beyond the published date, whether as a
result of new information, future events or otherwise, or for
modifications made to this document by Internet or wire services.
"Immunicon” is a
registered trademark of Immunicon Corporation. ALL RIGHTS RESERVED.
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