Launch of new multiplex protein plasma assay (7698E)
April 13 2011 - 1:00AM
UK Regulatory
TIDMNGG
RNS Number : 7698E
NextGen Group PLC
13 April 2011
NextGen Sciences
NextGen Sciences launches multiplex protein plasma biomarker
assay for breast cancer
Ann Arbor, Michigan, US, and London, UK, 13 April 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 plasmabreast25 multiplex
protein assay, targeting breast cancer biomarker discovery and
qualification. The assay simultaneously measures 25 human plasma
proteins that are thought to have potential as biomarkers in breast
cancer.
Klaus Rosenau, Chairman and CEO of NextGen Group, commented,
'The release of plasmabreast25 is further indication of our
commitment to developing and marketing multiplex assays for
biomarker discovery in specific cancer areas. It enables us to
remain focused on increasing our market share from the $600m mass
spectrometry based biomarker discovery market. 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.
- ENDS -
For more information please contact :
NextGen Group
Klaus Rosenau, Chairman and CEO
klaus.rosenau@nextgensciences.com
+49 160 551 6756
Seymour Pierce
Jonathan Wright, Nicola Marrin
+44 (0) 20 7107 8000
Notes to Editors
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, www.marketsandmarkets.com) playing an
important role. NextGen Sciences' products include discoveryexpress
for discovery of new biomarkers and targets, assayexpress for assay
development and testingexpress for biomarker qualification. For
more information visit www.nextgensciences.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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