Pharus Diagnostics Signs Worldwide Exclusive License Agreement with City of Hope for Novel Biomarkers to Be Used in Liquid Biopsy Screening for Early Pancreatic Cancer Diagnosis [Yahoo! Fi...
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: Yahoo! Finance
cancer center for proprietary biomarkers to be used in early screening of individuals at risk for pancreatic ductal adenocarcinoma (PDAC). This license agreement marks a pivotal step with PharusDx to develop and commercialize a version of its OncoSweep™ liquid biopsy screening for the early detection of PDAC. OncoSweep™ aims to improve on the current standard for early diagnosis of PDAC, offering a non-invasive solution that has been shown in laboratory studies to be highly accurate. PDAC is predicted to become the second leading cause of cancer-associated mortality within the next decade in the United States , with a five-year relative survival rate of approximately 8.5%. The poor survival rate is mainly due to late-stage diagnosis, attributed to the pancreas' deep location within the abdominal cavity. Early-stage PDAC often exhibits no noticeable symptoms that could indicate the disease. City of Hope, one of the largest cancer research and treatment organizations in the United S
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