On December 14, 2022 Epigenomics Inc, a wholly-owned subsidiary of Epigenomics AG (Frankfurt Prime Standard: ECX, OTCQX: EPGNY; the "Company"), reported that it has licensed from The University of Texas MD Anderson Cancer Center certain patent and technology rights to biomarkers associated with colorectal cancer detection (Press release, Epigenomics, DEC 14, 2022, View Source [SID1234625256]).

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Epigenomics intends to utilize this technology to complement its "Next-Gen" blood-based colorectal cancer screening test, which includes protein biomarkers as well as the Company’s proprietary DNA methylation markers such as Septin9. The Company’s goal is to produce an annual screening test that outperforms the accuracy of FIT and can be performed by local, regional, and reference laboratories throughout the U.S.

"Epigenomics is committed to eliminating colorectal cancer and we believe we have the opportunity to create a novel cost-effective blood-based test that will play a significant role in reducing the mortality of the disease", said Greg Hamilton, CEO of Epigenomics.