Foundation Medicine Launches Gene Expression Profiling Program to Aid in Development of Personalized Cancer Therapy

Foundation Medicine, Inc. (NASDAQ:FMI) today announced a comprehensive gene expression profiling (GEP) program to support precision oncology clinical research and development. This initiative, which provides a natural complement to Foundation Medicine’s comprehensive genomic profiling (CGP) suite of molecular information tests, further enhances support for the Company’s biopharma partners in the efficient identification of known and novel genomic and expression-based biomarkers of response for investigational and approved personalized cancer therapies, including new and existing cancer immunotherapies.

“In order to maximize the potential of personalized cancer therapy, we need a comprehensive biomarker strategy that includes not only tumor mutational changes and signatures but robust readouts of gene expression, requiring deep expertise in next generation DNA and RNA sequencing,” said Vincent Miller, M.D., chief medical officer at Foundation Medicine. “The initiation of a GEP program at Foundation Medicine is a natural extension of our work in redefining genomic biomarkers for precision oncology treatments, and we are excited to combine this expertise to help our biopharma partners optimize their clinical research development programs. Bringing together Foundation Medicine’s unique combination of comprehensive genomic sequencing and gene expression could help determine which therapeutic approach is right for each patient and each tumor type as we develop new classes of personalized cancer treatments with our biopharma partners.”

Foundation Medicine is a molecular information company dedicated to a transformation in cancer care in which treatment is informed by a deep understanding of the genomic changes that contribute to each patient's unique cancer. The company offers a full suite of comprehensive genomic profiling assays to identify the molecular alterations in a patient's cancer and match them with relevant targeted therapies, immunotherapies and clinical trials. Foundation Medicine’s molecular information platform aims to improve day-to-day care for patients by serving the needs of clinicians, academic researchers and drug developers to help advance the science of molecular medicine in cancer.