Press release from Marketwire
CML HealthCare Inc. and XDx, Inc. Announce Exclusive Licensing Agreement to Market and Distribute AlloMap(R) Heart Transplant Test
Thursday, June 20, 2013
CML HealthCare Inc. and XDx, Inc. Announce Exclusive Licensing Agreement to Market and Distribute AlloMap(R) Heart Transplant Test07:36 EDT Thursday, June 20, 2013
MISSISSAUGA, ONTARIO and BRISBANE, CALIFORNIA--(Marketwired - June 20, 2013) - CML HealthCare Inc. (TSX:CLC) (the "Company" or "CML HealthCare"), a leading provider of medical diagnostic services in Canada, and XDx, Inc. ("XDx"), a leading U.S. molecular diagnostics company focused on high clinical impact blood tests for transplantation and autoimmune diseases, today entered into an exclusive licensing agreement that provides CML HealthCare with exclusive rights, initially in Ontario, to AlloMap, XDx's flagship diagnostic blood test used by physicians to identify heart transplant recipients who have a low probability of acute cellular rejection. The agreement also provides the Company with the option to extend the distribution and marketing rights to AlloMap across Canada.
AlloMap has been marketed by XDx in the United States since 2005 and is CLIA certified, FDA cleared and CE marked. It will be available in Ontario in late summer 2013.
"We are very pleased to be the exclusive partner of XDx for commercialization of AlloMap initially in Ontario with an option to extend our relationship to the rest of Canada. Making a high value, patient focused test available to the heart transplant community is another demonstration of our commitment to bring new and innovative clinical diagnostics to Canadians. We are confident that the medical benefits of AlloMap and its success in the United States should lead to a rapid adoption in Canada," said Thomas Wellner, President and CEO, CML HealthCare.
"XDx has been a pioneer in high value, high clinical impact molecular diagnostics in the United States. The agreement reached with CML HealthCare will provide great benefit for heart transplant recipients throughout Canada. With our strong body of peer reviewed clinical evidence--demonstrated through four major clinical studies in the US, Europe and Canada--CML can build on the tremendous efforts XDx have invested in AlloMap. The strengths of CML HealthCare as a leader in clinical diagnostic services in Canada convinced us to grant the exclusive license," said Peter Maag, CEO of XDx.
AlloMap testing will be performed by XDx in its CLIA laboratory in Brisbane, California. There are approximately 165 heart transplants performed annually in Canada. Currently, as part of the overall management of heart transplant patients, multiple invasive heart biopsies are performed, especially during the early years post-transplant. In comparison, the AlloMap Test is a simple, non-invasive blood test.
AlloMap Molecular Expression Testing is a non-invasive gene expression test used to aid in the identification of heart transplant recipients with stable allograft function who have a low probability of moderate/severe acute cellular rejection at the time of testing in conjunction with standard clinical assessment. AlloMap testing measures the expression levels of 20 genes from a blood sample. The combined expression of these genes is represented as an AlloMap test score. AlloMap is performed in the XDx CLIA-certified laboratory and has been commercially available in the United States since 2005. AlloMap was cleared by the U.S. Food and Drug Administration in 2008 and was CE marked in the European Union in 2011. Use of AlloMap is also included in the International Society for Heart and Lung Transplantation (ISHLT) Practice Guidelines, published in August 2010, the worldwide standard for the care of heart transplant patients.
About XDx, Inc.
Founded in 2000, XDx, Inc. is a molecular diagnostics company based in Brisbane, CA, USA. XDx applies modern genomics technologies to the development of molecular diagnostic assays that translate a patient's immune status into clinically actionable information.
XDx has one marketed product, AlloMap® Molecular Expression Testing, and other products under development. The proprietary molecular expression technology used by XDx to develop AlloMap testing for heart transplant patient management may be applicable to the post-transplant management of recipients of other organs. The application of gene expression testing to other diseases that involve the activity of the immune system, such as autoimmune and chronic inflammatory diseases, is also being explored.
About CML HealthCare Inc.
Based in Mississauga, Ontario, CML HealthCare Inc. is a leading community-based, medical diagnostic services provider in Canada. In addition to operating 112 Client C.A.R.E. Centres in Ontario, 82 imaging centres in Ontario and British Columbia, CML operates three subsidiaries: 1) Hemostasis Reference Laboratory, focused on specialized coagulation testing and equipment calibration for international customers; 2) CML Bioanalytics, a specialty laboratory providing customized clinical trial testing for the biotechnology and pharmaceutical industries; and 3) Rocky Mountain Analytics, providing specialized testing for naturopaths and physicians practicing integrated medicine in Canada. CML is publicly-traded on the Toronto Stock Exchange under the symbol "CLC" and has approximately 89.8 million common shares outstanding. For more information, please visit www.cmlhealthcare.com or follow CML on Twitter @cmlhealthcare.
FOR FURTHER INFORMATION PLEASE CONTACT:
CML HealthCare Inc.
Alice Dunning, MBA, CFA
Director, Corporate Communications
(905) 565-0043 ext.3472
(905) 565-2844 (FAX)
Matthew J. Meyer
Chief Business Officer