Inivata Announces Strategic Collaboration and Investment from NeoGenomics
Summary
These collaborations could further accelerate the roll-out across Inivata’s range of leading liquid biopsy products including RaDaR™, the newly launched highly sensitive personalized assay for the detection of residual disease and recurrence. This product complements the use of other tests, including InVisionFirst-Lung, and is initially being utilized in clinical trial settings where it has the potential to increase the speed of patient recruitment through more accurate selection. Clive Morris, CEO of Inivata, commented: “This strategic collaboration and equity investment provides the platform to significantly accelerate the commercialization of InVisionFirst-Lung in the US, and bring its benefits more rapidly to patients and clinicians. Its lead product, InVisionFirst®-Lung is commercially available and offers competitive sensitivity and turnaround, providing molecular insights that enable clinicians to make more informed treatment decisions for advanced NSCLC patients. Inivata was represented by K&L Gates LLP through a cross-border, multi-disciplinary transactional legal team spread across offices in Raleigh, Chicago, New York, San Francisco, Washington D.C. and London.