MedCity News tells us about bioinformatics company NeoProteomics and its exclusive option agreement to license biomarker technology from Case Western Reserve University. The company had spun off from the university based on technology developed by Mark Chance, director of the Case Center for Proteomics and Bioinformatics.
NeoProteomics wants to use its biomarkers in potential treatments for a number of conditions, including cancer, diabetes and inflammatory diseases. The new license option covers various tools and biomarkers.
"The hard part has been picking the right [biomarkers] that look like they might have commercial potential," Chance said in a 2009 interview. "A lot of projects we do have tremendous basic science potential...but most of them are too far away from commercialization."
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