| Empire Genomics, LLC and Strategic Medicine Inc. enter into an exclusive agreement to provide comprehensive molecular disease diagnosis and treatment solutions |
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The field of Personalized Medicine is a rapidly growing field that will represent a major advancement and paradigm shift in the global healthcare arena. However, the skills and knowledge required to bring this promise to fruition are tremendous and typically not resident in current pharmaceutical and biotechnology firms.
The combined capabilities which both firms bring to bear on the complex issues that surround the development of profitable, robust, effective and clinically relevant disease diagnostic, prognostic and therapeutic solutions for the healthcare industry are unrivalled. SMI's key assets reside in its ability to help decipher the complexity of disease and predict drug safety issues to enhance decision-making in the drug discovery and development processes. A tremendous asset is its well annotated clinical sample repository that affords insight in many disease areas and the technologies developed to support this collection. Dr. Michael Liebman the founder of SMI, "believes that the unique alignment with Empire Genomics services and experience will significantly contribute to the development of more effective and safe drugs, thus benefiting the patient and the physician and improving Pharma's ROI." Empire Genomics, a leader in providing high value genomic services will process samples to help elucidate patient stratification schemes, discovery of novel genomic causes of diseases, gene targeting studies and commercializing new diagnostic and prognostic tests with clients. Anthony Johnson, the President and CEO of Empire Genomics, says, "working with Strategic Medicine and their large repositories of clinical samples as well as expertise in drug discovery will when combined with our high resolution genomic tools will speed up research, discovery and provide a key bridge to missing elements of the discovery and development process. " EG and SMI are currently in discussions with several parties to begin using their services in the drug discovery and pharmacogenomic areas. About Empire Genomics
For further information, please contact: Empire Genomics, LLC Strategic Medicine, Inc |