Thursday, July 31, 2014

GeneNews’ IDL jv highlighted on CEO Clips

GeneNews’ IDL jv highlighted on CEO Clips

July 3, 2014 by · Leave a Comment 

Tweet James Howard-Tripp, executive chairman of GeneNews (TSX:GEN), has been featured on Business Television’s CEO Clips discussing the company’s new U.S. joint venture, Innovative Diagnostic Laboratory, or IDL. IDL’s mission is to provide a comprehensive menu of advanced blood tests that aid in early cancer detection, guide cancer treatment protocols, and monitor remission and recurrence. […]

GeneNews in $7.2-million private placement

GeneNews in $7.2-million private placement

July 2, 2014 by · Leave a Comment 

Tweet GeneNews (TSX:GEN) is proposing to complete a non-brokered private placement of up to seven million new common shares at a price of $1.03 a share (a 12.5% discount to the five-day VWAP) for gross proceeds of up to $7.2-million. Proceeds will be used for general working capital purposes. Closing is set for July 7. […]

PHI test included in updated NCCN Guidelines

PHI test included in updated NCCN Guidelines

May 23, 2014 by · Leave a Comment 

Tweet Beckman Coulter’s Prostate Health Index (PHI), which is offered in the U.S. by GeneNews’ (TSX:GEN) Innovation Diagnostic Lab (IDL) joint venture, has been recommended by the National Comprehensive Cancer Network (NCCN) as a blood test to improve specificity for prostate cancer detection in its recently updated Clinical Practice Guidelines in Oncology (NCCN Guidelines) for […]

GeneNews’ IDL off to flying start

GeneNews’ IDL off to flying start

May 20, 2014 by · Leave a Comment 

Tweet GeneNews’ (TSX:GEN) recently formed U.S. joint venture, Innovative Diagnostic Laboratory (IDL), took a huge step forward in the first quarter in its goal of becoming a leader in molecular diagnostics and personalized medicine. “With a successful limited scale launch of IDL in the fourth quarter of 2013, full scale-up activities began in the first […]

GeneNews IDL JV posts big jumps in tests processed

GeneNews IDL JV posts big jumps in tests processed

May 15, 2014 by · Leave a Comment 

Tweet GeneNews’ (TSX:GEN) recently formed U.S. joint venture, Innovative Diagnostic Laboratory (IDL), has reported a 346% sequential jump in tests processed during the first quarter, compared with the 2013 fourth quarter. IDL processed 14,680 tests at its CLIA-approved lab in Richmond, VA during the initial quarter this year and “growth is expected to continue throughout the […]

GeneNews’ JV IDL launches Beckman Coulter’s phi test across U.S.

GeneNews’ JV IDL launches Beckman Coulter’s phi test across U.S.

April 24, 2014 by · Leave a Comment 

Tweet GeneNews’ (TSX:GEN) recently formed joint venture, Innovative Diagnostic Laboratory, has added Beckman Coulter Diagnostics’ Prostate Health Index (phi) to its menu of advanced cancer assays and has initiated a commercial roll out of the groundbreaking test across the U.S. The phi test is a simple, non-invasive blood test that is three times more specific […]

Zacks ups GeneNews price target to $3

Zacks ups GeneNews price target to $3

March 6, 2014 by · Leave a Comment 

Tweet Zacks Investment Research has raised its price target for “outperform-rated” GeneNews (TSX:GEN) to $3 from $2, saying revenue growth will accelerated in 2014 and beyond from a recently formed U.S. joint venture, Innovative Diagnostic Laboratory (IDL). Shares of GeneNews closed at $1.09 on Wednesday. “Specifically, we estimate revenue from IDL will be $2.6-million [in […]

GeneNews JV in U.S.-wide rollout of ColonSentry, adds new test

GeneNews JV in U.S.-wide rollout of ColonSentry, adds new test

January 21, 2014 by · Leave a Comment 

Tweet GeneNews’ (TSX:GEN) recently formed joint venture, Innovative Diagnostic Laboratory, or IDL, is initiating the full-scale rollout of the ColonSentry test throughout the U.S. and adding EarlyCDT-Lung – a simple blood test that aids physicians in risk assessment and the early detection of lung cancer in high-risk, asymptomatic patients – to its offering. “I am pleased […]

In conversation with James Howard-Tripp

In conversation with James Howard-Tripp

November 26, 2013 by · Leave a Comment 

Tweet As executive chairman of GeneNews (TSX:GEN; OTC:GNWSF), James Howard-Tripp is a veteran of pharma and biotech management and company creation, which included a long stint as CEO of Labopharm, where he oversaw the development and approval of three products and the launch of two, with the lead product marketed in 19 countries. A longtime member […]

GeneNews provides IDL jv progress update, appoints director

GeneNews provides IDL jv progress update, appoints director

November 14, 2013 by · Leave a Comment 

Tweet In its Q3 results release, GeneNews (TSX:GEN) provided a progress update and announced the appointment of Floyd C. Dent to its Board. In a statement, executive chairman James Howard-Tripp said start-up operations at Innovative Diagnostic Laboratory’s (IDL) Richmond, VA lab, which were initiated in the third quarter, have gone smoothly. “Soon after successfully obtaining CLIA […]

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