REHOVOT, Israel and NEW BRUNSWICK, New Jersey, April 20 /PRNewswire/ -- Rosetta Genomics, Ltd. (NASDAQ: ROSG), announced today that it
has presented updated results on its lead diagnostic development program for
cancer of unknown primary (CUP), at the Annual Meeting of the American
Association for Cancer Research (AACR), in Los Angeles, California.
The poster, titled "MicroRNA Signature for Identification of
Tumor Origin" presented the expansion of the company's CUP assay to include
15 major cancer types, identifiable through a unique signature of 19
microRNAs with 85% accuracy. In addition, data was presented regarding
Rosetta Genomics' proprietary methods for extraction and profiling of
microRNAs.
The poster is available for viewing on the company's web site
through the following link:
http://www.rosettagenomics.com/_Uploads/UtilsMedia/AACR_April2007.jpg
About microRNAs
MicroRNAs (miRNAs) are recently discovered, naturally
occurring small RNAs that act as protein regulators and have the potential to
form the basis for a new class of diagnostics and therapeutics. Since many
diseases are caused by the abnormal activity of proteins, the ability to
selectively regulate protein activity through microRNAs could provide the
means to treat a wide range of human diseases. In addition, microRNAs have
been shown to have different expression levels in certain diseased versus
normal tissues. As a result, these differences potentially provide for a
novel diagnostic strategy for many diseases. MicroRNAs are thought to play a
key role in the differentiation of cells into specific cell types performing
various functions in the body.
About Rosetta Genomics
Rosetta Genomics (NASDAQ: ROSG) is a leader in the development
of microRNA-based diagnostics and therapeutics. Founded in 2000, the
company's integrative research platform combining bioinformatics and
state-of-the-art laboratory processes has led to the discovery of hundreds of
biologically validated novel human microRNAs. Building on its strong IP
position and strategic alliances with leading biotechnology companies,
Rosetta Genomics is working to develop a full range of diagnostic and
therapeutic products based on microRNAs. The company's primary focus is in
the development of microRNA-based products to diagnose and treat different
forms of cancer and infectious diseases.
Forward-Looking Statement Disclaimer
Various statements in this release concerning Rosetta's future
expectations, plans and prospects, including without limitation, statements
relating to the role of miRNAs in human physiology and disease, the potential
of microRNAs in the diagnosis and treatment of disease, and the possible
identification of a novel diagnostics approach for targeting miRNAs,
constitute forward-looking statements for the purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those indicated by these forward-looking
statements as a result of various important factors, including risks related
to: Rosetta's approach to discover and develop novel diagnostics products,
which is unproven and may never lead to marketable products; Rosetta's
ability to fund and the results of further pre-clinical and clinical trials;
obtaining, maintaining and protecting intellectual property utilized by
Rosetta's products; Rosetta's ability to enforce its patents against
infringers and to defend its patent portfolio against challenges from third
parties; Rosetta's ability to obtain additional funding to support its
business activities; Rosetta's dependence on third parties for development,
manufacture, marketing, sales, and distribution of products; the successful
development of Rosetta's product candidates, all of which are in early stages
of development; obtaining regulatory approval for products; competition from
others using technology similar to Rosetta's and others developing products
for similar uses; Rosetta's dependence on collaborators; and Rosetta's short
operating history; as well as those risks more fully discussed in the "Risk
Factors" section of Rosetta's most recent Registration Statement on Form F-1
on file with the Securities and Exchange Commission. In addition, any
forward-looking statements represent Rosetta's views only as of today and
should not be relied upon as representing its views as of any subsequent
date. Rosetta does not assume any obligation to update any forward-looking
statements unless required by law.
Contact: Media & Investors
Ron Kamienchick
T: +972-8-948-4785
Ron_Ka@RosettaGenomics.com