
ORIDIS Biomed Licenses NIH's Proprietary Tissue
Micro-Array Technology
Graz (Austria), October 30, 2006 – ORIDIS Biomed, a biopharmaceutical
company announced today that it has entered into a license agreement
with the National Institutes of Health (NIH) for the worldwide
commercial use of NIH’s proprietary Tissue Micro-Array (TMA) technology.
“We are pleased to have been granted by the NIH a license for this TMA
technology”, said Georg Casari, PhD, Head of ORIDIS Biomed’s TISSOMICS™
business. “This license agreement further strengthens our TISSOMICS™
business for the life-science industry worldwide, where we offer our
clients the ability to validate their research, such as biomarker and
target verification programs.”
Tissue Micro-Arrays are a research tool, within ORIDIS Biomed’s
TISSOMICS™ platform, that permits the rapid and simultaneous study of
several hundred tissue samples, using standardized high-throughput
analysis by in-house pathologists.
About NIH
Founded in 1887, the National Institutes of Health is one of the world's
foremost medical research centres, and the federal focal point for
medical research funding in the United States. The NIH, comprising 27
separate Institutes and Centres, is one of eight health agencies of the
Public Health Service which, in turn, is part of the U.S. Department of
Health and Human Services.
About ORIDIS Biomed
ORIDIS Biomed commercializes its proprietary TISSOMICS™ platform in
collaborations with industrial partners, as well as its own research and
development programs.
ORIDIS Biomed is a biopharmaceutical company, developing therapeutics,
diagnostics and biomarkers (targeted treatment solutions) for liver
diseases. Therapeutic programs include primary liver cancer (hepatocellular
carcinoma, HCC), and metabolic liver diseases, such as alcoholic
steatohepatitis (ASH) and non-alcoholic steatohepatitis (NASH), where
incidence rates are rapidly increasing due to modern life-styles, while
treatment options are limited, expensive, and often ineffective.
ORIDIS Biomed is a privately held company, based in Graz, Austria.
About TISSOMICS™
TISSOMICS™ is a proprietary disease-driven research platform enabling
the medical validation of drug discovery approaches and biomarkers. The
TISSOMICS™ research platform includes the use of optimized genomic and
proteomic approaches, consistent quality assurance processes, and ORIDIS
Biomed’s in-house pathology expertise for the interpretation of tissue
analyses.
ORIDIS Biomed has a license from the Medical University of Graz, Austria
for the commercial access to BioResource-Med biobank, one of the world’s
largest collections of diseased human tissues and associated medical
data.
TISSOMICS™ has been successfully applied in co-operations and
partnerships with leading pharmaceutical and biotechnology companies to
deliver medical validation to their drug discovery or biomarker
programs.
For further information, please visit ORIDIS Biomed’s website at
www.oridis-biomed.com
Business Contact :
Georg Casari, PhD, (Head of TISSOMICS™)
ORIDIS Biomed
Stiftingtalstrasse 3–5
A-8010 Graz, Austria
+43-316–3257760
info@oridis-biomed.com
Media Contact :
Frank Butschbacher
IR/Communications
+43–650–7844940
office@butschbacher.net