International Medical Ventures Announces Signed Agreement With Clinigene International Ltd.

Top Quote International Medical Ventures is pleased to announce it has signed an agreement with Clinigene International Ltd. End Quote
  • (1888PressRelease) December 12, 2013 - International Medical Ventures is pleased to announce it has signed an agreement with Clinigene International Ltd of Bangalore India. The basic agreement serves to explore the potential advancement of International Medical Ventures' objective for the development of an In-Home BRCA 1 and BRCA 2 genetic marker test kit. The predictive diagnostics market has been forecast to reach a total of $810.5 million by the end of 2018, driven by a number of key factors, including next generation genetic sequencing, ageing population, and increasing incidence and prevalence of chronic degenerative diseases.

    Mrs. Helge Amacker, Director of International Business Development said "Clinigne International has established itself as a world leader in CRO and trials management. Our hope is that together, our objective to bring to market an affordable predictive diagnostic test kit is achieved". Mrs. Amacker added, "Clinigene International's successful record and India's broad population, faster recruitment and low-cost environment, provides the ideal landscape to improve R&D capabilities as well as develop previously uneconomical "niche busters" and emerging technologies including predictive diagnostics."

    About Clinigene International Limited
    Clinigene International Limited is a full-service Clinical Research Organization providing world-class clinical research solutions to global pharmaceutical and biotechnology companies. Clinigene is a subsidiary of India's largest biotech company Biocon global biopharma enterprise, serving its partners and customers in over 75 countries.

    About International Medical Ventures, Inc
    International Medical Ventures is a Swiss based venture capital firm which leads or manages private equity and venture investments in biotechnology, life science, medical device companies and healthcare services in all stages of developments. The company has established relationships with some of the industry's leading institutions to offer emerging companies and investors opportunities in unique new businesses.

    International Medical Ventures Contact Info.

    Press Office
    Contact Person: Mr. Lars Sollberger
    Position: Press Officer
    Email: press ( @ ) imedvt dot com

    Business Development
    Contact Person: Mrs. Helge Amacker
    Position: Director of International Business Development
    Email: helge ( @ ) imedvt dot com

    Telephone: +41 (61) 508-7009

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