Rosetta Genomics Announces Key U.S. Patent Allowances for Two RosettaGx RevealTM microRNAs
February 06 2017 - 8:00AM
Business Wire
Strengthens the Intellectual Property
Surrounding the Company’s Novel Thyroid Nodule Classifier and
Provides Opportunities for IP Monetization
Rosetta Genomics Ltd. (NASDAQ:ROSG), a genomic diagnostics
company that improves treatment decisions by providing timely and
accurate diagnostic information to physicians, announces that the
United States Patents and Trademark Office (USPTO) has granted two
patent allowances for patent applications US 14/756,185 (‘185) and
US 14/999,879 (‘879), both divisional patents of the parent
application titled “microRNAs and uses thereof.”
Application ‘185 claims hsa-miR-146-5p, its complement and a
sequence at least 95% identical to it, as well as a probe and a
vector comprising this microRNA. Application ‘879 claims
hsa-miR-551b-3p, its complement and a sequence of at least 18
nucleotides identical to it, as well as a probe and a vector
comprising this microRNA.
“We are especially pleased with these two patent allowances as
they are important markers for our RosettaGX RevealTM thyroid
cancer assay, and both have been confirmed as valuable markers by
independent researchers in the field of thyroid cancer,” stated
Kenneth A. Berlin, President and Chief Executive Officer of Rosetta
Genomics. “We are creating a strong intellectual property position
in microRNAs and thyroid cancer diagnostics. Of note, there are
approximately 500 peer-reviewed publications that confirm the
effectiveness of microRNAs as biomarkers in the diagnosis of
thyroid cancer which makes these and other microRNAs in our
RosettaGX RevealTM assay potentially even more valuable. We believe
there may be opportunities to monetize this and other intellectual
property pursuant to outlicenses to others working in this field.
We are pursuing additional patents for our Reveal assay and look
forward to their issuance. Our solid patent position, along with
Reveal’s numerous competitive advantages including the ability to
work off of routinely prepared FNA smears, creates the opportunity
for significant revenue growth this year and well into the
future.”
About Rosetta Genomics
Rosetta is pioneering the field of molecular diagnostics by
offering rapid and accurate diagnostic information that enables
physicians to make more timely and informed treatment decisions to
improve patient care. Rosetta has developed a portfolio of unique
diagnostic solutions for oncologists, urologists, endocrinologists,
cytopathologists and other specialists to help them deliver better
care to their patients. RosettaGX Reveal™, a Thyroid microRNA
Classifier for the diagnosis of cancer in thyroid nodules, as well
as the full RosettaGX™ portfolio of cancer testing services are
commercially available through the Company’s Philadelphia, PA- and
Lake Forest, CA-based CAP-accredited, CLIA-certified labs.
Forward-Looking Statement Disclaimer
Various statements in this release, including but not limited
to, statements relating to monetizing or out licensing intellectual
property, securing additional patents, and accelerating revenue
growth constitute forward-looking statements for the purposes of
the safe harbor provisions under The Private Securities Litigation
Reform Act of 1995. Actual results may differ materially from those
indicated by these forward-looking statements as a result of
various important factors, including those risks more fully
discussed in the "Risk Factors" section of Rosetta’s most recently
filed Annual Report on Form 20-F, as filed with the SEC. In
addition, any forward-looking statements represent Rosetta’s views
only as of the date of this release and should not be relied upon
as representing its views as of any subsequent date. Rosetta does
not assume any obligation to update any forward-looking statements
unless required by law.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170206005294/en/
Rosetta Genomics:Ken Berlin, 267-298-1159President &
CEOinvestors@rosettagx.comorInvestors:LHAAnne Marie Fields,
212-838-3777afields@lhai.com
Rosetta Genomics (CE) (USOTC:ROSGQ)
Historical Stock Chart
From Oct 2024 to Nov 2024
Rosetta Genomics (CE) (USOTC:ROSGQ)
Historical Stock Chart
From Nov 2023 to Nov 2024