LOS ANGELES, CA--(Marketwired - October 03, 2016) - ITUS Corporation ("ITUS") (NASDAQ: ITUS) today announced that it has successfully utilized its Cchek™ early cancer detection platform to identify the presence of Liver Cancer. Although somewhat rare in the United States, Liver Cancer is the 6th most diagnosed cancer worldwide, and 5th leading cause of cancer deaths.
Cchek™ is ITUS's early cancer detection technology which measures a patient's immunological response to a malignancy by detecting the presence, absence, and quantity of certain unique immune system cells that exist in and around a tumor and that enter the blood stream. As part of the ongoing development of ITUS's Cchek diagnostic platform, the company has successfully used Cchek to detect the presence of Liver Cancer in patients that have been diagnosed via conventional means such as invasive procedures like surgical biopsies.
Approximately 782,000 new cases of Liver Cancer are diagnosed each year worldwide and Liver Cancer accounts for approximately 554,000 annual deaths.
The 5-year relative survival rate for patients with Liver Cancer is 17%. Forty-three percent of patients are diagnosed with a localized stage of disease, for which 5-year survival is 31%. The company previously announced success with Cchek detecting Breast Cancer, Lung Cancer, Colorectal Cancer, Ovarian Cancer, and Melanoma.
ITUS funds, develops, acquires, and licenses emerging technologies in areas such as biotechnology. The Company is developing a platform called Cchek™, 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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