• January 17, 2021

Resolution Bioscience Announces Companion Diagnostic Collaboration with Mirati Therapeutics - Odessa American: Business

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Resolution Bioscience Announces Companion Diagnostic Collaboration with Mirati Therapeutics

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Posted: Monday, January 11, 2021 7:05 am | Updated: 7:31 am, Mon Jan 11, 2021.

KIRKLAND, Wash.--(BUSINESS WIRE)--Jan 11, 2021--

Resolution Bioscience, Inc. today announced a companion diagnostic agreement with Mirati Therapeutics, Inc. (NASDAQ: MRTX), a clinical stage targeted oncology company. As part of the agreement, Resolution’s ctDx™ liquid biopsy technology will be used to help identify non-small cell lung cancer (NSCLC) patients who may benefit from Mirati’s investigational KRAS G12C inhibitor therapy. The fast and non-invasive assay was designed to detect actionable NSCLC mutations, such as KRAS G12C.

Cancers stemming from RAS mutations account for nearly a quarter of all human cancers and contribute to 1 million deaths per year worldwide. Among the RAS family of oncogenes, KRAS gene mutations are the most common, making up to 85% of all RAS mutations. Mirati’s investigational drug candidate adagrasib (MRTX849) is an orally available small molecule that potently and selectively inhibits the G12C substitution mutation. The Resolution assay will be used to identify patients whose cancers are driven by this KRAS variant.

“We are excited to join forces with Mirati to address this large unmet medical need and to further drive adoption of our innovative liquid biopsy diagnostic tests,” said Mark Li, CEO of Resolution Bioscience. “Our mission is to provide critical, actionable information to improve care and clinical outcomes for cancer patients worldwide.”

About Resolution Bioscience’s Liquid Biopsy Technology

The Resolution liquid biopsy assays are powered by the company’s patented cell-free DNA (cfDNA) analysis platform, which includes proprietary targeted capture next-generation sequencing (NGS) biochemistry and tightly coupled, cloud-based bioinformatics. The liquid biopsy assays are designed to provide rapid and accurate tumor genotyping, all without an invasive tissue procedure. Now covered by Medicare and private payors, Resolution’s technology has been recognized as novel by the FDA and cited in several important scientific publications and presentations. For example:

About Resolution Bioscience

Resolution Bioscience is a privately held company dedicated to developing a highly sensitive, non-invasive liquid biopsy platform that improves cancer diagnostics and monitoring for patients around the world. The company has developed and patented core technology for circulating cell-free DNA NGS analysis. The company is based in Kirkland, Wash. For more information, visit www.resolutionbio.com.

Resolution Bioscience, the Resolution Bioscience logo, and ctDx are trademarks of Resolution Bioscience, Inc. All other brands may be trademarks of their respective holders.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210111005155/en/

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Andrew Noble

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KEYWORD: WASHINGTON UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: SOFTWARE RESEARCH HARDWARE PHARMACEUTICAL DATA MANAGEMENT ONCOLOGY TECHNOLOGY MEDICAL DEVICES GENETICS CLINICAL TRIALS SCIENCE BIOTECHNOLOGY HEALTH

SOURCE: Resolution Bioscience

Copyright Business Wire 2021.

PUB: 01/11/2021 08:05 AM/DISC: 01/11/2021 08:05 AM

http://www.businesswire.com/news/home/20210111005155/en

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