Scottsdale 2/13/2014 4:00:00 AM
QualityStocks News - Panacea Global (PANG) Develops New Early Cancer Diagnostics Test for Worldwide Commercialization
QualityStocks would like to highlight Panacea Global, Inc. (OTCQB: PANG), a biotechnology company focused on developing and commercializing products for the early detection, diagnosis, and monitoring the recurrence of cancer. The company's product is a blood test that can detect the presence of cancer in humans using a novel cancer biomarker named Human Aspartyl (Asparaginyl) B-Hydroxylase (HAAH), an enzyme which is over expressed in cancer cells and is the foundation of the breakthrough technology.
In the company’s news,
Panacea Global has developed a fully automated device for commercialization of its early cancer diagnostics test.
The company’s newly designed ELISA machine is a custom-designed, fully-automated solution to detect the presence of HAAH, a novel biomarker present in blood samples taken from cancer patients.
With minimal operator interference, ELISA manages all aspects of the test protocol with the highest degree of conformity. Panacea Global reports that the device has the automation capability to manage more than 1,000 patients per day. A series of hardware and accompanying software designed to achieve accuracy and reproducibility at the highest level.
“The newly developed customized and automated system will allow Panacea Global commercialization of our cutting-edge early cancer marker on a global scale,” Panacea President and CEO Mahmood Moshiri stated in the news release. “The device will allow us and our partners to saves time and resources, eliminate human errors, and ensure high-quality results. Furthermore, the automation allows for stronger management of patient identification throughout the process. This reduces the opportunity for misdiagnosis and mislabeling.”
About QualityStocks
QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.
To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net
To connect with QualityStocks via Facebook, please visit http://Facebook.com/QualityStocksPage
To connect with QualityStocks via Twitter, please visit http://Twitter.com/QualityStocks
Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
