Iverson Genetic Diagnostics Announces Strategic Partnership with Vanderbilt University for the Development & Commercialization of Molecular Diagnostics

Iverson Genetic Diagnostics, Inc. Announces a Strategic Partnership with Vanderbilt University for the Development and Commercialization of Molecular Diagnostics to assess Patients for Breast Cancer Risk

BOTHELL, Wash.--(BUSINESS WIRE)--Iverson Genetic Diagnostics, Inc. announced today a partnership agreement with Vanderbilt University under which Iverson receives global exclusive commercialization rights for molecular diagnostics that will help physicians to assess breast cancer risk in women considering hormone replacement therapy during menopause. Research suggests that estrogen metabolites represent one of several determinants of the risk of breast cancer. Specific enzymes regulate the biochemical pathways associated with the metabolism of estrogen. Corresponding genes code for the synthesis of these enzymes. Mutations of these genes are common and have been shown in the work of Fritz Parl, M.D., Ph.D., Philip Crooke, Ph.D., William Dupont, Ph.D., and others to be associated with an increased risk of cancer.

“The importance of finding gene variants that affect the metabolism of drugs and hormones--hence causing disease--is incredibly important for personalized medicine. This venture between Iverson and Vanderbilt is a wonderful example of a diagnostic test that could significantly improve the health of relevant patients.” comment by Leroy Hood, M.D., Ph.D., co-founder of the Institute for Systems Biology and a membr of Iverson Genetic Diagnostics' Board of Directors.

About Iverson Genetic Diagnostics, Inc.

Iverson Genetic Diagnostics, Inc. is a Nevada C corporation with administrative headquarters in Bothell, Washington, and production headquarters in Charleston, South Carolina. Iverson is establishing a recognizable global brand for providing trusted genetic tests and testing services for the emerging market of individualized medicine and genetics-based molecular diagnostics. The company’s mission is to improve patient outcomes through personalized care. Iverson is a fully credentialed laboratory service company focused on providing results within 24 hours for hospitals and physicians. Iverson’s patented technology, Physician’s Logic^TM, is our healthcare information resource developed to deploy test results to providers and integrate with various electronic medical record systems in a HIPAA-compliant environment.