On June 5, 2001 Cancer Research Ventures ("CRV") reported that it had signed a license with Epigenomics which focuses on developing diagnostics and therapeutics based on the study of DNA methylation patterns of the genome (Press release, Cancer Research Technology, JUN 5, 2001, View Source [SID1234523475]). They have extensive expertise, proprietary intellectual property and know how in this field.

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Dr Guldberg funded by the Danish Cancer Society has invented a useful, patent protected high speed methylation detection assay. It is hoped that it will lead the way to the use on a routine basis of diagnostic tests based on DNA methylation.

Epigenomics will develop and commercialise this novel methylation detection assay. Most recent research has shown that DNA methylation patterns correlate with various disease states and in particular with cancer. Identification of the aberrantly methylated genes will certainly lead to the development of novel diagnostics and therapeutics.

CRV provides commercialisation and intellectual property management services to cancer research institutes world-wide. CRV’s goal is to bridge the gap between exciting new research, in this case funded by the DCS at the Institute of Cancer Biology and its timely development by the best suited commercial partner.