LOS ANGELES, CA--(Marketwired - October 25, 2016) - ITUS Corporation ("ITUS") (NASDAQ: ITUS), today announced that it has successfully utilized its proprietary Cchek™ early cancer detection platform to identify the presence of Pancreatic Cancer. There is currently no screening test for the early detection of Pancreatic Cancer.
Cchek™ is ITUS's proprietary 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 its ongoing patient efficacy trials, the company has successfully used Cchek™ to detect the presence of Pancreatic Cancer in patients that have been diagnosed via conventional means.
An estimated 53,070 cases of Pancreatic Cancer are expected to be diagnosed in the U.S. in 2016, and 41,780 people in the U.S. will die from the disease. The 5-year survival rate for patients diagnosed with advanced stage pancreatic cancer is extremely low, between 1% and 3%. ITUS previously reported success with Cchek™ in detecting Breast Cancer, Lung Cancer, Colorectal Cancer, Melanoma, Ovarian Cancer, Liver Cancer, and Thyroid Cancer. The company expects to release preliminary data from its Cchek™ biomarker study in the coming weeks.
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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