Under the Radar Biotech Breakthrough in Metastasizing Cancer Testing
February 18 2014 - 7:00AM
InvestorsHub NewsWire
MetaStat, Inc. (OTCQB: MTST) MetaStat is a life
sciences company that develops and commercializes diagnostic
products and novel therapeutics for the early and reliable
prediction and treatment of systemic metastasis, the process by
which cancer spreads from a primary tumor through the bloodstream
to other areas of the body. MetaStat is focused on breast,
prostate, lung and colorectal cancers, where systemic metastasis is
responsible for approximately 90% of all deaths. The company's
function-based diagnostic platform technology is based on the
identification and understanding of the pivotal role of the mena
protein and its isoforms, a common pathway for the development of
systemic metastatic disease in all epithelial-based solid tumors.
Both the MetaSite Breast™ and MenaCalc™ product lines are designed
to accurately stratify patients based on their individual risk of
metastasis and to allow clinicians to better "customize" cancer
treatment decisions by positively identifying patients with a
high-risk of metastasis who need aggressive therapy and by sparing
patients with a low-risk of metastasis from the harmful side
effects and expense of chemotherapy. Additionally, the MenaBloc™
therapeutic program aims to build upon mena biology and alternative
splicing events as a driver of disease progression to exploit novel
targets that provide precision medicines in oncology.
MetaStat is developing two function-based diagnostic
assays: i) the MetaSite Breast™ test for early stage breast cancer
patients and ii) MenaCalc™, which MetaStat believes is broadly
applicable in epithelial-based cancers, including breast, prostate,
lung and colorectal. These four cancers collectively account for
over 50% of all new cancer cases in the U.S. and according to the
American Cancer Society statistics is a $2.4 billion annual market
opportunity. Both MetaSite Breast™ and MenaCalc™ diagnostic
products lines benefit from MetaStat’s proprietary understanding of
the mechanics and genetics of the metastatic process and enable
clinicians to accurately stratify patients based on their
individual risk of metastasis.
MenaBloc™ is a therapeutic platform focusing on Mena
biology by targeting alternative splicing events (ASE) that drive
the epithelial-mesenchymal transition (EMT). MetaStat believes
these novel ASE targets will provide a valuable treatment option to
delay tumor progression and decrease metastatic spread. Further, in
published proof-of-concept animal studies, the deficiency of Mena
decreased metastasis and dramatically increased survival by (i)
slowing tumor progression and (ii) reducing tumor cell invasion and
intravasation.
MetaStat recently announced the completion of a
clinical study that showed the MetaSite Breast™ test predicts
metastasis. The sponsored study was conducted in collaboration with
Albert Einstein College of Medicine of Yeshiva University and Weill
Cornell Medical College. The recently completed study involving 481
women with breast cancer confirmed that the MetaSite Breast™
diagnostic was found to be associated with a statistically
significant increase in the risk of distant metastasis.
Some of the other hot OTC stocks creating investor
buzz this week are: Terra Tech Corp (OTCQB: TRTC) which
engages in the design, manufacture, marketing, and sale of
horticulture equipment for indoor agriculture. Fannie Mae
(OTCQB: FNMA) Press wires have been abuzz lately about the
possible action from the Senate Banking Committee to introduce a
bill in the coming weeks that would bring overhaul to the mortgage
financing industry. Fannie Mae also said in its annual report, "we
are no longer managed with a strategy to maximize shareholder
returns," and "every dollar of earnings that Fannie Mae and Freddie
Mac generate will be used to benefit taxpayers for their investment
in those firms." Alternative Energy Partners, Inc. (OTCQB:
AEGY) doing business as PharmaJanes™, has an e-commerce medical
marijuana order servicing platform at http://www.PharmaJanes.com,
is fully operational. Patients have received their completed orders
in the initial roll-out service areas in the San Fernando Valley in
Los Angeles.
New technologies and the markets they occupy are the
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