Bringing the Ovarian Cancer Test to Market
This article was originally published in Start Up
Executive Summary
An ovarian cancer assay based on protein pattern analysis is arousing excitement in a field all too often met with disappointment. Given initial excitement over the test and protein pattern analysis in general, business activity is likely to follow shortly. The NCI, FDA and a start-up, Correlogic Systems, are developing the test and taking it to large clinical trials this summer. Correlogic claims to have broad patents on pattern analysis for diagnostic purposes, a contention that is sure to lead to controversy, given the apparently high stakes.
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Molecular Dx as a Hot Spot
Although it's still a small portion of the $30-plus billion diagnostic services and test supplies business, molecular diagnostics is on disproportionately rapid growth curve. Some estimate its revenue growth at 25% a year compared to the overall industry average of 3-5%. Reimbursement is improving and robust new tests are emerging, slowly but steadily.
Molecular Dx as a Hot Spot
Although it's still a small portion of the $30-plus billion diagnostic services and test supplies business, molecular diagnostics is on disproportionately rapid growth curve. Some estimate its revenue growth at 25% a year compared to the overall industry average of 3-5%. Reimbursement is improving and robust new tests are emerging, slowly but steadily.
Predicant Biosciences Inc.
Among proteomics experts, however, a split has emerged between those who believe protein profiling patterns, rather than proteins themselves, are important indicators of disease, and those who believe that the proteins need to be identified before they can be useful clinically. Predicant Biosciences is taking the side of the former group, and, supported by a top-notch group of scientists and venture capitalists, is developing an integrated system it hopes will move the field forward.