Ann Arbor, MI/London, UK (PRWEB) May 11, 2011
NextGen Group plc (AIM:NGG) is pleased to announce that its US-subsidiary NextGen Sciences Inc, a leader in biomarker discovery, measurement and qualification, has launched its plasmaliver23 and plasmacolorectal19 multiplex protein assays, targeting liver and colorectal cancer biomarker discovery and qualification. The assays simultaneously measure 23 and 19 human plasma proteins that are believed to have potential as biomarkers in liver cancer and colorectal cancer respectively.
Klaus Rosenau, Chairman and CEO of NextGen Group, commented, ‘Once again we have demonstrated our commitment to delivering biomarker discovery and qualification assays to clients in the Oncology area. The release of the plasmaliver23 and plasmacolorectal19 multiplex assays is another piece in our strategy of developing assays with protein content that is relevant to the Oncology and CNS markets we are striving to address. To ensure we continually deliver the high-quality assays that pharmaceutical, biotechnology and diagnostics companies need to inform their decision-making processes, NextGen Sciences is currently planning more such products in the near future.’
NextGen’s assay is based upon its multiple reaction monitoring (MRM) mass spectrometry platform and generates high quality reproducible data that companies can use in their drug and diagnostic development programmes. NextGen expects to develop further oncology and CNS disease-focused assay panels, both as proprietary products and with other companies, through partnerships and collaborations.
Notes to Public
NextGen Sciences Inc (Ann Arbor, MI, USA) is the subsidiary of NextGen Group PLC, London, UK (AIM: NGG). It provides pharmaceutical, biotechnology and diagnostic companies with rapid and quantitative protein biomarker discovery, measurement and qualification services using mass spectrometry technology. With a rise in the industry focus on personalized medicine and cost-effectiveness, biomarkers are playing an increasingly important role in drug discovery, development and patient access, as well as healthcare delivery. The global market for biomarkers is expected to grow to $12.8bn by 2012 (BCC Research), with those for neurological disorders ($3.5bn by 2015, Espicom Healthcare) and oncology ($9.5bn by 2014, http://www.marketsandmarkets.com) playing an important role. NextGen Sciences’ products include discovery of new biomarkers and targets, assay development, and biomarker qualification. For more information visit http://www.nextgensciences.com.
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