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ENZ: Marketing Agreement w/GeneNews ColonSentry(TM) Colorectal Cancer Test

Posted on: Wed, 18 Nov 2009 08:51:00 EST

Symbols: ENZ

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Ridgeland, MS, NOV 18, 2009 (EventX/Knobias.com via COMTEX) --
ENZ | Quote | Chart | News | PowerRating -- By Fain Hughes, fhughes@knobias.com

Enzo Biochem, Inc. (ENZ) has entered into an agreement with GeneNews of Toronto, Canada, for exclusive rights to market GeneNews' ColonSentry(TM), a proprietary blood test for colorectal cancer, in the states of New York and New Jersey.

Enzo will undertake to validate and seek approval of the ColonSentry(TM) test pursuant to New York, New Jersey and CLIA (Clinical Laboratory Improvement Act) requirements, in addition to marketing, and securing third party reimbursement for the test. Terms were not disclosed. Enzo said that subject to regulatory and reimbursement approval, among others, it hopes to make the test available in the second half of 2010.

The test offers a novel, non-invasive option for determining an individual's current risk for colorectal cancer and helps prioritize patients at greater risk for the disease.

KNOBIAS DISCLAIMER: All statements made in this article were made by the Company and do not in any way reflect the opinions of Knobias. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC.

ABOUT KNOBIAS: Knobias is a premier financial information provider of trading and investing data covering all U.S. equities for investors and security professionals. Knobias is best described by its three major components: Real-time desktop applications providing quotes, charts, level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time news stories, alerts and documents daily; Knobias fundamentals providing a comprehensive database of fundamental research information.

If your company wishes to participate in the EventX newswire, please contact Knobias: http://www.knobias.com

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