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Pharma licensing deal between MDxHealth and Teva

Posted on 24 January 2014

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MDxHealth has signed an exclusive pharma licensing agreement with Teva Pharmaceuticals for commercialization of ConfirmMDx for Prostate Cancer and PredictMDx for Glioblastoma tests in Israel.

ConfirmMDx provides physicians with actionable information that helps improve patient care, particularly the avoidance of unnecessary repeat prostate biopsies.

The PredictMDx test is used to identify glioma patients who have methylation of the MGMT (O6-Methylguanine-DNA Methyltransferase) gene. In clinical studies, these patients have shown the potential to respond better to certain chemotherapeutic drugs.

Teva Pharmaceuticals Industries will be the exclusive distributor of both tests in Israel.

Samples will be sent to MDxHealth's CLIA-registered laboratory in Irvine, California for analysis.

Teva will reimburse MDxHealth for all the testing services.

View the full article at MarketWatch

For further deal information visit Current Agreements (subscription required)

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