Skip to main content
Premium Trial:

Request an Annual Quote

NeoGenomics, Power3 Create CRO to Sell Power3's Protein Dxs

NEW YORK (GenomeWeb News) — NeoGenomics and Power3 Medical Products have formed a joint venture to create a contract research organization to sell Power3’s protein biomarker-based diagnostics, NeoGenomics said today.
 
Under the agreement, NeoGenomics has non-exclusively licensed all of Power3’s intellectual property for protein biomarkers. The diagnostics the companies plan to market will be based on “one or more” of these markers, NeoGenomics said.
 
NeoGenomics also will supply the organization with “access to cancer samples, management, sales and marketing personnel, laboratory facilities,” and $200,000 in working capital and a convertible debenture.
 
NeoGenomics also will receive two options to increase its stake in Power3 over the next 18 to 20 months.   
 
NeoGenomics President and CSO Robert Gasparini said Power3’s emphasis on breast cancer diagnostics fits with NeoGenomics’ “strategic interests.”
 
The company said it expects the CRO to start operating before the end of the year.

The Scan

Study Tracks Responses in Patients Pursuing Polygenic Risk Score Profiling

Using interviews, researchers in the European Journal of Human Genetics qualitatively assess individuals' motivations for, and experiences with, direct-to-consumer polygenic risk score testing.

EHR Quality Improvement Study Detects Demographic-Related Deficiencies in Cancer Family History Data

In a retrospective analysis in JAMA Network Open, researchers find that sex, ethnicity, language, and other features coincide with the quality of cancer family history information in a patient's record.

Inflammatory Bowel Disease Linked to Gut Microbiome Community Structure Gradient in Meta-Analysis

Bringing together data from prior studies, researchers in Genome Biology track down microbial taxa and a population structure gradient with ties to ulcerative colitis or Crohn's disease.

Ancient Greek Army Ancestry Highlights Mercenary Role in Historical Migrations

By profiling genomic patterns in 5th century samples from in and around Himera, researchers saw diverse ancestry in Greek army representatives in the region, as they report in PNAS.