QuantRx Biomedical Corporation Receives Grant And Incentives From Portland Development Commission For New R&D Facility In Pacific Northwest

DOYLESTOWN, PA -- (MARKET WIRE) -- January 10, 2007 -- QuantRx® Biomedical Corporation (OTCBB: QTXB), an emerging leader in the research and development of medical diagnostic platforms and products, today announced that, as part of its plan for expansion of its research and development capabilities, the Company was selected to receive a grant and other incentives from the Portland Development Commission (PDC) to open the Company’s new research center in Portland, Oregon.

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