Epigenomics, a German cancer molecular diagnostics company, has entered into a non-exclusive licensing agreement for its GSTP1 DNA methylation biomarker with USA-based Predictive Biosciences, a privately-held cancer molecular diagnostics company.
Under the agreement, Predictive Bio has obtained rights to uses of mGSTP1 to establish and commercialize a molecular-based, laboratory-developed test that can help urologists and pathologists better diagnose and manage prostate cancer. Financial terms were not disclosed.
"We are pleased that Predictive Biosciences is adding DNA methylation to its menu of molecular diagnostic tests using our technology and biomarker. They share our goal to develop cancer tests that will help physicians achieve improved health outcomes for their patients through better diagnosis of prostate cancer," said Geert Nygaard, chief executive of Epigenomics.
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