Rosetta Genomics Fortifies Patent Protection for its Unique RosettaGX RevealTM Assay
20 Mars 2017 - 1:00PM
Business Wire
Allowance for U.S. Patent that Covers the
Company’s differentiated assay for the diagnosis of thyroid
cancer
Rosetta Genomics Ltd. (NASDAQ:ROSG), a genomic diagnostics
company that improves treatment decisions by providing timely and
accurate diagnostic information to physicians, today announces that
the United States Patent and Trademark Office (USPTO) has granted a
patent allowance for patent application No. 15/237,364, relating to
“miRNA Expression Signature in the Classification of Thyroid
Tumors.” The allowed patent claims a method of classifying a
thyroid lesion sample obtained by fine needle aspiration as
malignant or benign, through a classifier algorithm that utilizes
the expression profile of microRNAs detected by real time
polymerase chain reaction (RT-PCR).
“We continue to fortify our patent portfolio around the Reveal
assay, further protecting and distinguishing it from would-be
competitors and firmly establishing Rosetta’s leading intellectual
property position in microRNA diagnostics,” stated Kenneth A.
Berlin, President and Chief Executive Officer of Rosetta
Genomics.
“Our core commercial strategy continues to focus on growing
Reveal utilization for the classification of indeterminate thyroid
cases, where many patients with indeterminate results undergo
surgery as a precaution despite the fact that up to 80% of these
cases are benign. This exposes patients to unnecessary surgical
risk and costs the healthcare system hundreds of millions of
dollars. We believe due to our proprietary classifier algorithm and
microRNA signature, we can help prevent up to 75% of unnecessary
thyroid surgeries and has the potential to save healthcare payers
an average of approximately $6,000 per patient tested with Reveal.
This new patent is central to protecting Reveal,” added Mr.
Berlin.
Rosetta Genomics maintains a robust intellectual property
strategy to protect its leadership position in microRNA technology
and now has 64 patents granted and 33 patents pending
worldwide.
About Rosetta GenomicsRosetta is pioneering the field of
molecular diagnostics by offering rapid and accurate diagnostic
information that enables physicians to make timelier and more
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 DisclaimerVarious statements in
this release, including but not limited to, statements relating to
increasing Reveal utilization, saving healthcare payers on average
$6,000 per patient, and preventing up to 75% of unnecessary
surgeries 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170320005517/en/
Rosetta Genomics:Ken Berlin, 267-298-1159President &
CEOinvestors@rosettagx.comorRosetta Genomics
Investors:LHAAnne Marie Fields,
212-838-3777afields@lhai.com
Rosetta Genomics (CE) (USOTC:ROSGQ)
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