NEWS RELEASE
MDxHealth enters into commercial agreement for SelectMDx with Fondazione Luigi Maria Monti - Istituto Dermopatico dell' Immacolata Hospital in Rome
HERSTAL, BELGIUM and IRVINE, CA - 07:00 CEST, February 28, 2017 - MDxHealth SA (Euronext: MDXH.BR ) a world-leading player in the field of molecular diagnostic prostate cancer testing, today announces that it has entered into a commercial service agreement with Fondazione Luigi Maria Monti - Istituto Dermopatico dell' Immacolata (IDI), a leading research Hospital in Rome, to provide SelectMDx® for prostate cancer as a service test.
SelectMDx® is a proprietary urine-based, molecular diagnostic test that offers a non-invasive 'liquid biopsy' method to assess a man's risk for prostate cancer. Under the terms of the agreement, the IDI Laboratory of Clinical Molecular Diagnostics, will perform SelectMDx testing locally by purchasing SelectMDx CE-marked IVD kits from MDxHealth, initially using the MDxHealth Central Lab in Nijmegen, The Netherlands for processing tests.
"We are excited that Istituto Dermopatico Immacolata Hospital is going to offer SelectMDx service testing to assist physicians in identifying patients at increased risk of harbouring aggressive, potentially lethal, prostate cancer" said Dr. Jan Groen, CEO of MDxHealth. "IDI's broad hospital network will significantly contribute to the successful market penetration of SelectMDx in Italy."
"We are delighted to offer this innovative test to our patients," commented Prof. Antonio M. Leozappa, President of Fondazione Luigi Maria Monti - IDI Hospital - Italy. "This partnership reinforces our commitment to provide our oncologists and urologists with a service test facilitating individualized and personalized medicine paths for patients. We believe that utilising state of the art diagnostics such as SelectMDx will allow our hospital to give our patients the best possible care."
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