Critical Outcome Technologies Seeks to Redefine Personalized Cancer Care With Project ROSALIND
23 Junio 2014 - 8:00AM
Marketwired
Critical Outcome Technologies Seeks to Redefine Personalized Cancer
Care With Project ROSALIND
ROSALIND, a patent-pending cancer cell simulation, will be
introduced at the upcoming BIO International Conference in San
Diego
LONDON, ONTARIO--(Marketwired - Jun 23, 2014) - Critical Outcome
Technologies Inc. ("COTI" or the "Company")
(TSX-VENTURE:COT)(OTCQB:COTQF), the bioinformatics and accelerated
drug discovery company, announced today that Dr. Wayne Danter,
President & CEO, will introduce "Project ROSALIND" in a podium
presentation on June 25, 2014, at the annual BIO International
Convention in San Diego California. The Company will use the
hashtag #ROSALIND on Twitter for sharing more information with
those not able to attend the presentation in person.
ROSALIND is a programmable computer simulation of cancer cell
signaling, designed to realize the therapeutic potential of the
important information derived from increasingly accessible cancer
gene mutation profiles. The underlying principle behind ROSALIND is
that cancers are diseases of cell signaling and any hope of
sustained remission is dependent on therapies that restore normal
cell signaling to regulate cell division and apoptosis.
"The goal of ROSALIND is to provide better personalized
treatment options based on the genetic profile of the patient's
cancer," said Dr. Wayne Danter. "While access to high-quality
cancer gene mutation profiling continues to evolve, it has not been
possible to use that information for truly personalized cancer
therapy prior to ROSALIND. Personalized cancer therapy has been a
big data problem. For example, the number of unique single, double,
and triple drug combinations from just 150 cancer drugs would be in
excess of 540,000. This is simply too many potential therapies for
any physician or group of physicians to evaluate. ROSALIND
addresses this big data problem."
"We are quite pleased with the results of our ongoing validation
of this game-changing technology and are talking with a number of
potential partners about commercial validation opportunities,"
added Dr. Danter.
About Critical Outcome
Technologies Inc.
COTI is a leading-edge bioinformatics company specializing in
accelerating the discovery and development of small molecules -
dramatically reducing the time and cost to bring new drugs to
market. COTI's proprietary artificial intelligence system,
CHEMSAS®, utilizes a series of predictive computer models to
identify compounds with a high probability of being successfully
developed from disease specific drug discovery through chemical
optimization and preclinical testing. These compounds are targeted
for a variety of diseases, particularly those for which current
treatments are either lacking or ineffective.
For more information, visit www.criticaloutcome.com.
Follow @CriticalOutcome on Twitter at
http://twitter.com/CriticalOutcome
Notice to
Readers
Information contained in this press release may contain certain
statements, which constitute "forward-looking statements" within
the meaning of the Securities Act (Ontario) and applicable
securities laws. For example, the statement, "… of this
game-changing technology and are talking with a number of potential
partners about commercial validation opportunities" is a
forward-looking statement. Forward‐looking statements by their
nature are not guarantees of future performance and are based upon
management's current expectations, estimates, projections and
assumptions. COTI operates in a highly competitive environment that
involves significant risks and uncertainties, which could cause
actual results to differ materially from those anticipated in these
forward‐looking statements. Management of COTI considers the
assumptions on which these forward‐looking statements are based to
be reasonable, but as a result of the many risk factors, cautions
the reader that actual results could differ materially from those
expressed or implied in these forward-looking statements.
Information in this press release should be considered accurate
only as of the date of the release and may be superseded by more
recent information disclosed in later press releases, filings with
the securities regulatory authorities or otherwise.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Critical Outcome Technologies Inc.Dr. Wayne DanterPresident
&
CEO519-858-5157wdanter@criticaloutcome.comwww.criticaloutcome.comHeisler
CommunicationsTrevor HeislerInvestor
Relations416-500-8061trevor@heislercommunications.com
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