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DiagnoCure announces fiscal 2006 fourth quarter and year-end results, focused strategic direction

Published in Health Business Week, January 12th, 2007

DiagnoCure Inc. (CUR), a leading developer of molecular diagnostics for the detection and management of cancer, announced a net loss from continuing operations of $1,718,318 or $0.05 per share for the quarter ending October 31, 2006, and a net loss from continuing operations of $6,491,586 or $0.19 per share for the fiscal year.

The company reported that progress continues on the market development of Gen-Probe's test for prostate cancer based on DiagnoCure's PCA3 gene. The test, which scientists believe will be more accurate than existing tests for prostate cancer, received European CE mark status and was launched in Europe in November. "Our partner, Gen-Probe (GPRO),...

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