Healthcare News
Exagen Diagnostics Enters Into Exclusive Agreement With EndoChoice
Albuquerque, New Mexico, Tuesday 16 Feb, 2010
Exagen Diagnostics, Inc., a molecular diagnostics laboratory that
discovers, develops and markets proprietary genomic tests, today
announced an exclusive sales and marketing agreement with EndoChoice,
Inc. to promote its diagnostic services to gastroenterologists
throughout the United States.
Under the agreement, EndoChoice's experienced, gastroenterology-focused
sales force will introduce Exagen's proprietary gene expression tests
for the diagnosis of Inflammatory Bowel Disease (IBD) and
Irritable Bowel Syndrome (IBS). Exagen developed these molecular
tests through its discovery engine, Coperna®, which identified "gene
activity signatures" associated with IBD and IBS.
Scott Glenn, Exagen's CEO said, "We are excited about the
opportunity of partnering with EndoChoice to accelerate the adoption of
our technology by gastroenterologists. Our eXaIBD™ and eXaIBS™ tests
have both high sensitivity and accuracy, helping to identify IBD and IBS
from other diseases, avoiding an extensive series of exclusionary
testing."
"EndoChoice is focused on satisfying the unmet needs of GI professionals
by delivering innovative, best-in-class products and services," said
Mark Gilreath, EndoChoice's CEO. "We are pleased to offer Exagen's
proprietary eXaIBD™ and eXaIBS™ tests because they provide a superior
diagnostic tool to assist gastroenterologists and improve patient care."
About Exagen Diagnostics, Inc.
Exagen Diagnostics is the emerging leader in laboratory-discovered and
developed genomic tests specifically designed to provide objective
information to physicians and patients for more accurate, efficient
diagnosis and better disease management. Using Coperna®, the company's
proprietary, algorithm-driven computational tool and search engine that
runs on high-performance computational clusters, it combines the ability
to process massive amounts of data contained in genomic datasets with
intelligent, rapid search methods. Coperna's targeted and precise
discovery model has no conventional equivalent in the molecular
diagnostics industry as it can identify relevant marker sets with
superior sensitivity and specificity relative to markers identified via
traditional analytical methods.
About EndoChoice, Inc.
EndoChoice delivers innovative solutions to professionals in
gastrointestinal endoscopy with its diverse portfolio of high-quality
diagnostics, equipment, devices, supplies and services. The company
strives to cleverly exceed its customers' expectations through its
nationwide sales force, exemplary customer care, superior products and
easy online ordering.
Source: Exagen Diagnostics, Inc.