Rosetta Genomics Receives U.S. Patent Allowance for microRNA-based Ovarian Cancer Treatment
July 11 2016 - 8:59AM
Business Wire
Receives Two Notices of Allowance in Israel
Rosetta Genomics Ltd. (NASDAQ:ROSG), a leading developer and
provider of microRNA-based and other molecular diagnostic testing
services, announces that the United States Patent and Trademark
Office (USPTO) has issued a notice of allowance for U.S. Patent
Application No. 14/505,548, entitled “Compositions and methods for
treatment of Ovarian Cancer,” which covers a method of treatment
for ovarian cancer through the administration of an inhibitor of
miR-27a.
In addition, the Israel Patent Office has allowed Application
No. 200247, entitled “Compositions and Methods for Modulating Cell
Proliferation and Cell Death,” which claims cover the use of
miR-34a or its variants for treating p53-negative cancers. This
application covers a core element of Rosetta Genomics’ microRNA
technology in the development of cancer therapeutics associated
with p53-negative cancers, including lymphoma, breast cancer,
ovarian cancer, liver cancer, skin cancer, certain types of lung
cancer, and others. The patent is jointly owned with Yeda R&D
Co. Ltd., the technology transfer company of the Weizmann Institute
of Science in Rehovot, Israel. This technology is licensed to Mirna
Therapeutics.
The Company also received a notice of allowance for Israel
Patent Application No. 212978, entitled “MicroRNAs and Uses
thereof,” which covers human miR-29c*, a sequence at least 90%
identical to it, and its complement; including a probe and a vector
comprising the miR or its complement. This application corresponds
to U.S. Patent No. 8,461,315.
“These patent grants further strengthen our international
intellectual property position and complement already granted
patents. Our growing patent estate continues to be a valuable asset
for Rosetta as it provides protection for our core product
portfolio, supports our research and development efforts and offers
multiple opportunities to monetize patents outside our core
diagnostics platforms,” stated Kenneth A. Berlin, President and
Chief Executive Officer.
“We believe the new U.S. patent may be of great value in the
development of new treatment options for platinum-resistant ovarian
cancer patients. Our goal is to monetize this U.S. patent and the
related technology through a potential partnership,” added Mr.
Berlin.
About Rosetta Genomics
Rosetta develops and commercializes a full range of
microRNA-based and other molecular diagnostics. Rosetta’s
integrative research platform combining bioinformatics and
state-of-the-art laboratory processes has led to the discovery of
hundreds of biologically validated novel human microRNAs. Building
on its strong patent position and proprietary platform
technologies, Rosetta is working on the application of these
technologies in the development and commercialization of a full
range of microRNA-based diagnostic tools. Through the acquisition
of PersonalizeDx, the Company now offers core FISH, IHC and
PCR-based testing capabilities and partnerships in Pathology,
Oncology and Urology that provide additional content and platforms
that complement Rosetta’s microRNA and Next-Gen Sequencing
offerings. RosettaGX Reveal™, a Thyroid microRNA Classifier for the
diagnosis of indeterminate thyroid FNA smears, 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,. For more information
visit www.rosettagx.com.
Forward-Looking Statement Disclaimer
Various statements in this release concerning Rosetta’s future
expectations, plans and prospects including, but not limited to
statements relating to our ability to monetize our intellectual
property, expand our patent portfolio, develop new treatment
options, and enter into partnerships 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/20160711005747/en/
Rosetta Genomics:Ken Berlin, 267-298-1159President &
CEOinvestors@rosettagx.comorRosetta Genomics
Investors:LHAAnne Marie Fields,
212-838-3777afields@lhai.com
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