Clinical Genomics Nabs Enterix, Aims To Launch New Bowel Cancer Blood Test

NewsGuard 100/100 Score

Australian molecular diagnostics firm Clinical Genomics has acquired U.S.-based cancer screening company Enterix from Quest Diagnostics as well as the Sydney-based subsidiary. Clinical Genomics hopes that the deal will make them a major player in colorectal cancer screening in Australia as it gears up to launch what it says will be the first commercially available blood test for bowel cancer in Australia in early 2014.

With this acquisition, Clinical Genomics is receiving a regulatory-licensed manufacturing facility in the U.S. and Australia, as well as access to a pathology laboratory in Australia for selling bowel cancer screening services. The deal also gives Clinical Genomics ownership of the InSure fecal immunochemical test (FIT) "brush test" product line. Clinical Genomics says this product will be combined with the new blood plasma test to deliver a portfolio of colorectal cancer screening products aimed at user-friendly, patient-preferred screening solutions.

A representative of Clinical Genomics said that, prior to this acquisition, the firm had a blood-based test in the pipeline after years of R&D but no real distribution infrastructure. Enterix, by contrast, had an established fecal-based test and the infrastructure to promote and sell it, but no license to a blood-based test.

"This is a key step in our transition from a biotech company focused primarily on research and development into a commercial entity with a portfolio of cancer screening products and an exciting pipeline," said Lawrence LaPointe, Ph.D., Clinical Genomics' CEO, in a statement.


Genetic Engineering & Biotechnology News (GEN) Genetic Engineering & Biotechnology News (GEN)This article was reprinted from Genetic Engineering & Biotechnology News (GEN) with permission from Mary Ann Liebert, Inc., publishers. Genetic Engineering & Biotechnology News (GEN) has retained its position as the number one biotech publisher around the globe since its launch in 1981. GEN publishes a print edition 21 times a year and has additional exclusive editorial content online, like news and analysis as well as blogs, podcasts, webinars, polls, videos, and application notes. GEN's unique news and technology focus includes the entire bioproduct life cycle from early-stage R&D, to applied research including omics, biomarkers, as well as diagnostics, to bioprocessing and commercialization.

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
Insilico Medicine's AI-driven approach yields promising PTPN2/N1 inhibitor for cancer immunotherapy