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    Rosetta Genomics Receives U.S. Patent Allowance for microRNA-based Ovarian Cancer Treatment

    Investing News Network
    Jul. 11, 2016 11:25AM PST
    Company News

    PHILADELPHIA & REHOVOT, Israel–(BUSINESS WIRE)–Rosetta Genomics Ltd. (NASDAQ:ROSG), a leading developer and provider of microRNA-based and other molecular diagnostic testing services, announces that the United States Patent and Trademark Office (USPTO) has issued a notice of allowance for U.S. Patent Application No. 14/505,548, entitled “Compositions and methods for treatment of Ovarian Cancer,” which covers a …

    PHILADELPHIA & REHOVOT, Israel–(BUSINESS WIRE)–Rosetta Genomics Ltd. (NASDAQ:ROSG), a leading developer and provider of
    microRNA-based and other molecular diagnostic testing services,
    announces that the United States Patent and Trademark Office (USPTO) has
    issued a notice of allowance for U.S. Patent Application No. 14/505,548,
    entitled “Compositions and methods for treatment of Ovarian Cancer,”
    which covers a method of treatment for ovarian cancer through the
    administration of an inhibitor of miR-27a.
    In addition, the Israel Patent Office has allowed Application No.
    200247, entitled “Compositions and Methods for Modulating Cell
    Proliferation and Cell Death,” which claims cover the use of miR-34a or
    its variants for treating p53-negative cancers. This application covers
    a core element of Rosetta Genomics’ microRNA technology in the
    development of cancer therapeutics associated with p53-negative cancers,
    including lymphoma, breast cancer, ovarian cancer, liver cancer, skin
    cancer, certain types of lung cancer, and others. The patent is jointly
    owned with Yeda R&D Co. Ltd., the technology transfer company of the
    Weizmann Institute of Science in Rehovot, Israel. This technology is
    licensed to Mirna Therapeutics.
    The Company also received a notice of allowance for Israel Patent
    Application No. 212978, entitled “MicroRNAs and Uses thereof,” which
    covers human miR-29c*, a sequence at least 90% identical to it, and its
    complement; including a probe and a vector comprising the miR or its
    complement. This application corresponds to U.S. Patent No. 8,461,315.
    “These patent grants further strengthen our international intellectual
    property position and complement already granted patents. Our growing
    patent estate continues to be a valuable asset for Rosetta as it
    provides protection for our core product portfolio, supports our
    research and development efforts and offers multiple opportunities to
    monetize patents outside our core diagnostics platforms,” stated Kenneth
    A. Berlin, President and Chief Executive Officer.
    “We believe the new U.S. patent may be of great value in the development
    of new treatment options for platinum-resistant ovarian cancer patients.
    Our goal is to monetize this U.S. patent and the related technology
    through a potential partnership,” added Mr. Berlin.
    About Rosetta Genomics
    Rosetta develops and commercializes a full range of microRNA-based and
    other molecular diagnostics. Rosetta’s integrative research platform
    combining bioinformatics and state-of-the-art laboratory processes has
    led to the discovery of hundreds of biologically validated novel human
    microRNAs. Building on its strong patent position and proprietary
    platform technologies, Rosetta is working on the application of these
    technologies in the development and commercialization of a full range of
    microRNA-based diagnostic tools. Through the acquisition of
    PersonalizeDx, the Company now offers core FISH, IHC and PCR-based
    testing capabilities and partnerships in Pathology, Oncology and Urology
    that provide additional content and platforms that complement Rosetta’s
    microRNA and Next-Gen Sequencing offerings. RosettaGX Reveal™, a Thyroid
    microRNA Classifier for the diagnosis of indeterminate thyroid FNA
    smears, as well as the full RosettaGX™ portfolio of cancer testing
    services are commercially available through the Company’s Philadelphia,
    PA- and Lake Forest, CA-based CAP-accredited, CLIA-certified labs,. For
    more information visit www.rosettagx.com.
    Forward-Looking Statement Disclaimer
    Various statements in this release concerning Rosetta’s future
    expectations, plans and prospects including, but not limited to
    statements relating to our ability to monetize our intellectual
    property, expand our patent portfolio, develop new treatment options,
    and enter into partnerships constitute forward-looking statements for
    the purposes of the safe harbor provisions under The Private Securities
    Litigation Reform Act of 1995. Actual results may differ materially from
    those indicated by these forward-looking statements as a result of
    various important factors, including those risks more fully discussed in
    the “Risk Factors” section of Rosetta’s most recently filed Annual
    Report on Form 20-F, as filed with the SEC. In addition, any
    forward-looking statements represent Rosetta’s views only as of the date
    of this release and should not be relied upon as representing its views
    as of any subsequent date. Rosetta does not assume any obligation to
    update any forward-looking statements unless required by law.

    breast cancermolecular diagnostic testingmolecular diagnostics
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