Helomics Awarded Federal Supply Schedule (FSS) Contract

Contract Expands ChemoFx® Access to Hundreds of Government HealthCare Providers

PITTSBURGH--(BUSINESS WIRE)--Helomics® Corporation, a privately-held, personalized healthcare company that provides comprehensive tumor profiling utilizing proprietary tissue-based live cell and fixed cell products and services, announced today that the National Acquisition Center of the Department of Veterans Affairs has awarded the company a Federal Supply Schedule (FSS) Contract V797D-506041, effective June 1, 2016 through May 31, 2021. The awarding of this contract will provide all government facilities, including those operated by the U.S. Department of Veterans Affairs (VA) and Department of Defense (DoD), easy access to Helomics’ ChemoFx® tumor profiling test.

“We are honored to receive this FSS contract, which will allow us to expand the accessibility of ChemoFx to all government institutions, including those serving our veterans and soldiers”

ChemoFx provides tumor-specific information to assist physicians in the identification of ineffective and effective chemotherapies for an individual patient’s tumor. By determining the sensitivity of tumor cells to certain drugs, the test helps physicians identify the drugs most likely to impact the patient’s tumor, sparing patients months of undergoing ineffective treatment and the costs associated with such treatment.

“We are honored to receive this FSS contract, which will allow us to expand the accessibility of ChemoFx to all government institutions, including those serving our veterans and soldiers,” commented Neil Campbell, President & CEO of Helomics. “We are proud to provide the only personalized medicine test that is performed on live cell tissue from the patient’s tumor. Utilizing live cell tissue samples allows us to provide cancer patients with accurate personalized information on the effect different chemotherapies will have on their cancer, leading to targeted and more effective treatment.”

About Helomics® Corporation, Inc.

Helomics® is a comprehensive personalized healthcare company, bringing the next generation of diagnostics to the oncology field. Helomics is dedicated to improving patient outcomes by providing a personalized comprehensive tumor profile utilizing a proprietary set of laboratory platforms that leverage both live tissue-based and fixed cellular based analysis allowing physicians to characterize malignant tumors on a personalized basis. Helomics’ novel molecular and cellular markers and bioinformatics services support treatment decisions by providing vital information based on the specific biological processes of each individual’s cancer. Helomics has also recently launched GeneFx Colon. GeneFx Colon is a proprietary gene signature test utilizing an individual patient’s RNA expression and a complex proprietary algorithm. The lab analysis produces a binary test result that categorizes patients as either high or low risk of tumor recurrence within five years of surgery, providing a clear guide for physicians tasked with recommending adjuvant therapy in patients with stage II colon cancer.

Helomics is headquartered in Pittsburgh, Pennsylvania where the company maintains two CLIA-certified laboratories. For more information please visit: www.helomics.com.

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