National Cancer Institute Signs Agreement to Evaluate Ciphergen's Proteomic System for Ovarian Cancer Diagnostics
April 28 2005 - 10:00AM
PR Newswire (US)
National Cancer Institute Signs Agreement to Evaluate Ciphergen's
Proteomic System for Ovarian Cancer Diagnostics NCI Clinical
Proteomics Reference Laboratory will Utilize ProteinChip(R) System,
Series 4000 FREMONT, Calif., April 28 /PRNewswire-FirstCall/ --
Ciphergen Diagnostics, a division of Ciphergen Biosystems, Inc.
(NASDAQ:CIPH), announced today that it has executed a material
transfer agreement with the NCI Clinical Proteomics Reference
Laboratory (CPRL) which allows CPRL to evaluate the new
ProteinChip(R) System, Series 4000 and ProteinChip arrays and
associated bioinformatics suites. The CPRL was created by the NCI
to explore a variety of proteomics platforms which may have
potential use to detect protein patterns indicative of various
cancer states. Under the terms of the agreement, Ciphergen will
provide instrumentation, biochip arrays and software that the NCI
CPRL will use to study biomarker patterns indicative of ovarian
cancer. The NCI CPRL will test archived ovarian cancer samples on
assays it has constructed on Ciphergen's proteomics platform. "We
are excited to be working with the NCI CPRL on this important
project," said Gail S. Page, President of Ciphergen's Diagnostics
Division. "This relationship brings together Ciphergen's expertise
in rapidly translating biomarker discoveries into assays with the
CPRL's extensive experience in clinical assay development and
diagnostic test validation." At the annual meeting of the
Association for Laboratory Automation in February 2005, the NCI
CPRL presented results of a study of ovarian cancer sera with total
inter-day precision of 6-12% based on the use of the ProteinChip
System, PBSIIc which is the predecessor system to the Series 4000.
About Ciphergen Ciphergen's Diagnostics Division is dedicated to
the discovery of protein biomarkers and panels of biomarkers and
their development into protein molecular diagnostic tests that
improve patient care; and to providing collaborative R&D
services through its Biomarker Discovery Center(R) laboratories for
biomarker discovery for new diagnostic tests as well as
pharmacoproteomic services for improved drug toxicology, efficacy
and theranostic assays. Ciphergen's Biosystems Division develops,
manufactures and markets a family of ProteinChip(R) Systems and
services for clinical, research, and process proteomics
applications. ProteinChip Systems enable protein discovery,
characterization, identification and assay development to provide
researchers with predictive, multi-marker assay capabilities and a
better understanding of biological function at the protein level.
Additional information about Ciphergen can be found at
http://www.ciphergen.com/. Safe Harbor Statement Note Regarding
Forward-Looking Statements: For purposes of the Private Securities
Litigation Reform Act of 1995 (the "Act"), Ciphergen disclaims any
intent or obligation to update these forward-looking statements,
and claims the protection of the Safe Harbor for forward-looking
statements contained in the Act. Examples of such forward-looking
statements include statements regarding the potential development
of a clinical test for ovarian cancer by the CPRL, and statements
regarding our Diagnostics Division. Actual results may differ
materially from those projected in such forward-looking statements
due to various factors, including the possibility that assays
developed by the CPRL may fail to validate in larger studies as
providing an accurate diagnostic for ovarian cancer, the
ProteinChip technology's ability to validate and/or develop protein
biomarkers as novel drug targets, diagnostic or toxicology assays,
and the Company's ability to successfully commercialize such tests.
Investors should consult Ciphergen's filings with the Securities
and Exchange Commission, including its Form 10-K dated March 22,
2005, for further information regarding these and other risks of
the Company's business. NOTE: Ciphergen, ProteinChip, and Biomarker
Discovery Center are registered trademarks of Ciphergen Biosystems,
Inc. DATASOURCE: Ciphergen Biosystems, Inc. CONTACT: Sue Caruthers
of Ciphergen Biosystems, Inc., +1-510-505-2297, or Web site:
http://www.ciphergen.com/
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