The Wistar Institute and ITUS Corporation Renew Co

LOS ANGELES, CA --(Marketwired - August 07, 2017) - ITUS Corporation ( NASDAQ : ITUS ) today announced that ITUS and The Wistar Institute have renewed their collaboration for the development of Cchek™, the company's early cancer detection technology.

Dr. Amit Kumar, ITUS's Chairman and CEO, stated, "We are pleased to continue our relationship with the Wistar Institute as we continue to advance our early cancer detection technology. Wistar's R&D support has been and continues to be valuable to the development of Cchek™."

Dr. Kumar continued, "Over the last two years working with Wistar, we have learned a great deal and have made significant advancements in our technology. We are utilizing artificial intelligence coupled with flow cytometry analysis of immune cells from an individual's blood, enabling us to identify tumor-bearing patients. As we are monitoring subtle changes in immune response of individuals, we expect this technology to be able to identify patients bearing any type of tumor. To date, we have demonstrated the efficacy of our technology in identifying 15 different tumor types and we are currently assessing which of these tumor types we will focus on for our first commercial effort."

The Wistar Institute, located in Philadelphia on the campus of the University of Pennsylvania, is an international leader in biomedical research with special expertise in cancer, immunology, infectious diseases and vaccine development. Founded in 1892 as the first independent nonprofit biomedical research institute in the United States, Wistar has held the prestigious Cancer Center designation from the National Cancer Institute since 1972, holding an 'Exceptional' rating -- the highest possible ranking awarded.

ITUS Corporation

ITUS , through its wholly owned subsidiary, Anixa Diagnostics Corporation, is developing the Cchek™ platform, a series of non-invasive blood tests for the early detection of solid tumor based cancers, which is based on the body's immunological response to the presence of a malignancy. Additional information is available at www.ITUScorp.com .

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