Todos Medical Receives Notice of Allowance from Eu
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NEW YORK, NY, and REHOVAT, ISRAEL, April 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Todos Medical, Ltd. (OTCQB: TOMDF), a comprehensive medical diagnostics solutions company, today announced that it has received a notice of allowance (‘Letter of Intent to Grant a Patent’) from the European Patent Office covering the use of the Company’s proprietary Total Biochemical Infrared Analysis (‘TBIA’) method that uses blood (plasma and/or peripheral blood mononuclear cells ‘PBMCs’) to distinguish between patients with benign tumors vs. malignant tumors vs. no tumors (healthy controls).
The patent application specifically covers methods for capturing consistent data from infrared spectroscopy readers, as well as the application of various artificial intelligence algorithm development methods to the data. The ability of TBIA to make a diagnosis of cancer has first been applied to the detection of breast and colon cancers, where Todos has received CE Marks in Europe paving the way for commercialization initially focused on TMB-2 (dense breast / inconclusive mammogram secondary screening) and TMB-1 (general breast cancer screening) cancer detection tests.
“As we continue to expand our patent position in the blood-based spectroscopy cancer detection market, we are extremely pleased with the progress being made by our development partners in Singapore and Israel who have been steadily advancing our TBIA platform for commercialization outside the US,” said Gerald E. Commissiong, President & CEO of Todos Medical. “TBIA represents a potentially game-changing approach to cancer detection because we will be able to run different artificial intelligence-developed algorithms for multiple cancer types on the same blood sample. While the focus is initially on improving the diagnosis of breast cancer and colon cancer using this method, the potential applies to all cancers. Our vision is to develop a single, simple and cost-effective blood test that can identify any cancer at its earliest stages of formation, and then use emerging methods such as liquid biopsy to monitor patient responses to treatment. Because TBIA is so simple and cost effective to use, we believe that this technology will compete extremely well with liquid biopsy for the cancer screening market. We are positioning for TBIA to become a routine screening test done for cancer in a variety of patient screening settings worldwide.”
In August 2020, the Company entered into a strategic partnership with Singapore-based Pathnova Laboratories, a spinout of Temasek Life Sciences Laboratory, to optimize TBIA’s artificial intelligence cancer detection engine and commercialize TBIA in Singapore. In September 2020, the Company expanded its partnership with Israel-based Care GB by forming a joint venture called BioImagery Ltd. (the “Joint Venture”) to support the commercialization of the cancer portion of Todos’ TBIA immune profiling platform in Israel, Europe and Africa. The management teams at BioImagery and Pathnova have been working closely together to optimize the TBIA cancer detection ahead of commercial launch in those jurisdictions.
For information related to Todos Medical’s COVID-19 testing capabilities, please visit www.todoscovid19.com
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