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Press release February 27,
2006: OncoVista Acquires Controlling Interest in AdnaGen AG SAN ANTONIO, TX and LANGENHAGEN, Germany -- 23 February
2006 -- OncoVista, Inc. ("OncoVista"
or the "Company") has acquired a controlling interest in AdnaGen
AG ("AdnaGen"), based in Langenhagen, Germany. AdnaGen has
developed and is marketing novel tests for the early detection and analysis
of circulating tumor cells (CTCs). AdnaGen is currently marketing tests
in Europe for breast and colon cancer. Efforts are underway to obtain
U.S. F.D.A. approval to market these tests in the U.S. About OncoVista About AdnaGen
Contact: OncoVista, Inc. AdnaGen AG
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Press release January 03, 2005: Gen-Probe Licenses
Technology from AdnaGen That May Increase Accuracy of Molecular Diagnostic
Tests for Cancer
About Gen-Probe Gen-Probe Incorporated is a global leader in the development, manufacture and marketing of rapid, accurate and cost-effective nucleic acid tests for diagnosing human diseases and screening donated human blood. Using its patented technologies, Gen-Probe has received FDA approvals or clearances for a broad portfolio of products that detect a variety of infectious microorganisms, including those causing sexually transmitted diseases, tuberculosis, strep throat, pneumonia and fungal infections. In addition, Gen-Probe's TIGRIS® instrument is the only fully automated, high-throughput system in the molecular diagnostics industry. The Company also developed and manufactures the only FDA-approved blood screening assay for the simultaneous detection of HIV-1 and HCV, which is marketed by Chiron Corporation. Gen-Probe has more than 20 years of nucleic acid detection research and product development experience, and its products are used daily in clinical laboratories and blood collection centers throughout the world. Gen-Probe is headquartered in San Diego, California and employs approximately 900 people. For more information, go to www.gen-probe.com. About AdnaGen AdnaGen AG, founded in 1999, is a privately held biotechnology research and development company based in Langenhagen / Hanover, Germany that focuses on the development of innovative tumor diagnostics by utilizing its proprietary technology for the detection and analysis of rare cells. Through the sensitive and accurate detection of disseminated tumor cells in body fluids and biological samples, AdnaGen has developed tumor diagnostics of superior clinical value. Proof-of-concept has been achieved and clinical studies have been concluded or are in progress for breast, colon and prostate cancer. All tests are CE-marked. AdnaGen has 14 employees, and since 2001 is certified according to ISO 9001 and EN 13485. For more information, go to www.adnagen.com Caution Regarding Forward-Looking Statements Any statements in this press release about Gen-Probe's
expectations, beliefs, plans, objectives, assumptions or future events
or performance are not historical facts and are forward-looking statements.
These statements are often, but not always, made through the use of
words or phrases such as "believe," "will," "expect,"
"anticipate," "estimate," "intend," "plan,"
and "would." For example, statements concerning intellectual
property, future development, the potential of the cancer diagnostics
market, payment of license fees and royalties, regulatory and commercial
milestones, and future growth are forward-looking statements. Forward-looking
statements are not guarantees of performance. They involve known and
unknown risks, uncertainties and assumptions that may cause actual results,
levels of activity, performance or achievements to differ materially
from those expressed or implied by any forward-looking statement. Some
of the risks, uncertainties and assumptions that could cause actual
results to differ materially from estimates or projections in the forward-looking
statement include, but are not limited to: (i) the risk that AdnaGen's
intellectual property will be infringed or invalidated, (ii) the risk
that Gen-Probe's development of cancer diagnostics will not be successful,
(iii) the risk that the cancer diagnostics market may not grow as expected,
(iv) the risk that Gen-Probe may not be able to maintain its current
corporate collaborations, including with AdnaGen, or enter into new
ones, and (v) the risk that Gen-Probe may not enter new cancer diagnostic
markets successfully or economically. For additional information about
risks and uncertainties Gen-Probe faces and a discussion of the Company's
financial statements and footnotes, see documents filed with the SEC,
including the Report on Form 10-Q for the fiscal quarter ended September
30, 2004 and all periodic filings made with the SEC. Gen-Probe assumes
no obligation and expressly disclaim any duty to update any forward-looking
statement to reflect events or circumstances after the date of this
news release or to reflect the occurrence of subsequent events. Contact: Gen-Probe
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Press release September 12, 2003: Change in the Executive Board of AdnaGen AG On its meeting on September 8, 2003, the Supervisory Board of the Hanover based biotech company AdnaGen AG has decided to release the Founder and Chief Executive Officer, Dr. Stefanie Waschütza, from her duties with immediate effect. In the future, AdnaGen AG will be headed jointly and with equal rights by the Chief Scientific and Operating Officer, Dr. Winfried Albert, who has many years of management experience in the diagnostics industry, and the Chief Financial Officer Axel Deuring. AdnaGen AG has developed kits for the prognosis and for the monitoring of tumor diseases, which demonstrated excellent results in initial clinical trials. Bernd Aundrup, the Chairman
of the Supervisory Board of the AdnaGen AG and former President of the
pharma company Asta Medica, commented: 'Under the new joint leadership
of the company this kind of tumor diagnosis ought to be established
as a new standard in the market. Presently, AdnaGen is carrying on negotiations
with large players in the diagnostics industry, which are interested
to market these tumor diagnostics'. |
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artus and AdnaGen conclude a cooperation agreement for the development and distribution of clinical diagnostics Within the framework of the cooperation AdnaGen has developed diagnostic tools, which help to optimize the chemotherapy of the cancer patient. artus will produce and market these diagnostic kits. The expanding Hamburg based company can rely on its world wide net of distributors and on its own branches in the USA and in Malaysia. "The advantages of the cooperation for artus and AdnaGen is the bundling of forces of both enterprises to conquer new markets", Michael Tillmann, managing director of artus, said at signing the contract on Monday, March 10. Dr. Winfried Albert, executive board director of AdnaGen AG, added that "Combining AdnaGen´s expertise in the development of CE-certified genetic diagnostics and artus´ production and distribution logistics is an important step for both companies towards higher profitability". Till today, drug induced severe side effects are the fourth frequent cause of death (Lazarou J et al., JAMA 279, 1200-05, 1998): The body uses enzymes to degrade toxic but also therapeutically active substances. If there is a genetically based loss of enzyme activity, patients may endure severe to deadly adverse side effects. It depends on the sequence and hence structure of the genes that the enzymes can unfold their full activity. With the new RealArt diagnostic kits one can investigate if the patient is producing enzymes with impaired activity. Then the concentration of the drug or even the chemotherapeutic drug itself might be changed. "The aim of artus´ and AdnaGen´s cooperation is the improvement of the well being of the tumor patients by providing the means for a better regimen of intrinsically harmful chemotherapeutic drugs", Tillmann said. artus GmbH is specialized on the development and the distribution of diagnostic kits based on the real time polymerase chain reaction (PCR) for the diagnosis of infectious diseases. A wide range of kits, vested with a PCR-license, allows applications in the human and veterinary diagnosis of viral, bacterial and parasitic diseases. AdnaGen AG develops human diagnostics in the fields of pharmacogenetics, ecogenetics and genetic predisposition testing and procedures for the detection and analysis of circulating tumor cells in cancer patients for therapeutic monitoring and of fetal cells in maternal blood for the analysis of chromosomal aberrations.
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