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A&G receives $870,000 grant from Avon for breast cancer studies

The Avon Foundation Breast Cancer Prevention Research Initiative has awarded A&G Pharmaceutical an $870,000 grant to conduct multicenter clinical studies focused on measuring levels of A&G's proprietary breast cancer biomarker, GP88, in blood and tissue samples from breast cancer patients.

Results of the studies could provide the basis for developing a blood test that would enable early detection of breast cancer.

According to A&G, the award was one of 12 grants totaling more than $7 million awarded in 2007 by the Avon Foundation as part of its Breast Cancer Prevention Research Initiative, and it is the first ever awarded by the foundation to a private company.

Ginette Serrero, CEO of A&G, said: “We greatly appreciate Avon’s support as we accelerate the development of a GP88 blood diagnostic test and our goal of establishing GP88 as the most sensitive and reliable marker for early breast cancer detection.”