Availability of Molecular Genetic Blood-test for Cancer in the US: Inostics GmbH Announces Founding of US Subsidiary With Laboratories at The Science and Technology Park at Johns Hopkins

HAMBURG, Germany, May 11, 2011 /PRNewswire/ -- In response to the growing interest in the sensitive blood-test for the detection of tumor-specific DNA-molecules, Inostics GmbH (Hamburg, Germany) has founded a US subsidiary. Inostics' non-invasive test based on the BEAMing-Technology is one of the most sensitive methods available today for the detection of tumor specific mutations and is already used in studies by pharmaceutical and biotechnology companies. The founding of Inostics Inc. ensures faster processing of orders for US customers. Inostics is also working on an approval of the test for diagnostic use and for use in clinical studies which will be available shortly.

Located within state-of-the-art-laboratories at The Science & Technology Park at Johns Hopkins in Baltimore, MD, Inostics Inc. will be headed by Dan Edelstein, MBA who has extensive experience from the Ludwig Center for Cancer Genetics and Therapeutics.

About Inostics:

Inostics GmbH is a biotech-company working in the field of cancer molecular genetics. At present, Inostics GmbH serves as a contract research organization for pharmaceutical companies and supports the development of new oncology drugs. Inostics' field of expertise is the highly sensitive detection of tumor-specific genetic changes, such as gene mutations, in plasma/serum and tissues samples. Inostics was founded in 2008 in Hamburg, by Indivumed GmbH, and scientists of the Johns Hopkins University in Baltimore.

    For further information please visit http://www.inostics.com or write at
[email protected].

    Germany:                          USA:

    Inostics GmbH                     Inostics Inc.
    Contact: Frank Diehl, Ph.D.       Contact: Dan Edelstein, MBA
    Centrum fuer Innovative Medizin   Science & Technology Park at Johns
                                      Hopkins
    Falkenried 88                     855 N. Wolfe Street, Suite 631
    D-20251 Hamburg, Germany          Baltimore, MD 21205, US
    Tel.: +49(0)40-413383-90          Tel.: +1-443-759-8650
    Fax: +49(0)40-413383-99           Fax: +1-443-455-1636
    Email: [email protected]          Email: [email protected]

SOURCE Inostics GmbH