Jul. 20, 2009 (World Stock Wire) --
Woodlands, TX - (WORLD STOCK WIRE) - July 20, 2009 -- Power3 Medical Products, Inc’s (OTCBB: PWRM), https://www.power3medical.com) Announces today that President and Chief Scientific Officer, Dr. Ira L. Goldknopf, will present a poster entitled “Differential Diagnosis of Neurodegenerative Diseases, Using Serum, a New Paradigm”, at the 12th International Conference of Neurodegenerative Disease in Vienna on July, 14, 2009.
The poster, co authored by Ira Goldknopf, Katerina Markopoulou, Bruce Chase, Stanley Appel, and Marwan Sabbagh, is a continuation of the ongoing clinical trial validation results for Alzheimer’s and Parkinson’s disease. The project is a partnership with Transgenomic, Inc. (OTCBB:TBIO) as per a licensing/collaboration agreement signed in early 2009. The results are better than expected with indications of more stringent differentiation of sub classes of the diseases. The clinical retrospective samples and clinical diagnosis was supplied by the various authors. The poster presents data for 115 AD, 29 PD, 136 ALS, 24 AD/PD like. The biomarkers were discovered and validated using 2D gel electrophoresis, and LC/MS technology. 59 protein biomarkers were identified as significant with concentration differences in the disease vs. normal controls. These results indicate that concentration differences of fully characterized blood protein biomarkers can provide useful tools for early differential diagnosis of neurological disease.
"In the US, there are an estimated 5.1 million individuals with Alzheimer's disease and 1.5 million individuals with Parkinson's disease. Unfortunately, by the time patients are given a probable diagnosis, they have already suffered substantial and irreparable brain damage, rendering treatment less effective," said Dr. Goldknopf, President and Chief Scientific Officer. “The fact that these latest results were obtained using fresh blood serum from patients, in the same way that the test will be performed in a clinical diagnostic setting, provides further support for the clinical and usefulness and commercial value of these findings," added Dr. Goldknopf.
“We are enthusiastic about the opportunity to continually present our latest results of the Neuro-Pro AD and PD results at an international meeting,” said Helen R. Park, CEO of Power3. “It is important that the clinical trials are recognized and promoted by these events.”
About Power3 Medical Products
Power3 Medical Products, Inc. (OTCBB: PWRM, www.Power3Medical.com), is a leading Biomedical company engaged in the commercialization of neurodegenerative disease and cancer biomarkers, as diagnostic tests. Power3’s Diagnostic tests target markets with critical unmet needs in areas such as neurodegenerative disease and breast cancer. The Company continues to evolve and enhance its IP portfolio, employing sensitive and specific combinations of biomarkers the Company has discovered from a broad range of diseases as the basis of highly selective blood-based tests.
Forward Looking Statement
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.
Contact Information:
www.power3medical.com
Helen R. Park, M.S., Helenpark9@aol.com
Power3 Medical Products, Inc.
3400 Research Forest Drive
Suite B2-3
Woodlands, TX 77381
USA
Phone: 281-466-1600
Note: The following news is from Power3 Medical Products, Inc., and World Stock Wire, Inc. is not liable for the contents of this news.
