SOURCE: BioCurex, Inc.

BioCurex, Inc.

August 30, 2010 11:33 ET

Taglich Brothers Initiates Coverage on BioCurex, Inc.

NEW YORK, NY--(Marketwire - August 30, 2010) -  Taglich Brothers, Inc. announces it initiated coverage of BioCurex, Inc.

BioCurex, Inc. (OTCBB: BOCX), based in Richmond, British Columbia, Canada, is a development stage company. BioCurex has developed a broad-spectrum cancer blood test that could potentially detect several major cancers with greater accuracy than existing tests for widely used tumor markers. The company's blood test is based on a new proprietary cancer marker named RECAF, which is found on most cancer cells, including breast, colon, prostate and lung cancers, but not on normal cells.

RECAF technology is covered by patents granted in the US, Europe and China and pending in other major markets.

The RECAF blood test can be formatted for use on automated instrumentation typically found in reference laboratories on in hospital laboratories. It can also be formatted for manual (individual or small-batch) tests or as a point-of-care (POC) single use rapid test for use in physicians' offices, urgent care facilities and at the bedside.

BioCurex is pursuing a dual track commercialization strategy. For development of RECAF tests on blood samples processed in automatic equipment in reference and large hospital laboratories, the company has granted Abbott Laboratories and Alere (formerly Inverness Innovative Medical) semi-exclusive licenses. The company is allowed to grant a third semi-exclusive license for automated testing.

Through its own efforts, the company aims to develop and commercialize RECAF manual tests not processed on automatic equipment, POC rapid tests for the physicians' office, including all other single-format potential uses and all tests for veterinary applications.

The complete 21-page report is available at www.taglichbrothers.com.

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Contact Information

  • Contact:
    Richard Oh
    Taglich Brothers, Inc.
    631-757-1500