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Interleukin Genetics Licenses its PSTŪ Genetic Test to OralDNA Labs08/13/2008 Interleukin Genetics Licenses its PST® Genetic Test to OralDNA Labs Patients to be Offered Additional Testing Services Provided by Interleukin Genetics Waltham, MA and Brentwood, TN – August 13, 2008 – Interleukin Genetics, Inc. (AMEX:ILI), and OralDNA Labs, Inc., today announced the execution of a marketing, sales and distribution agreement for Interleukin Genetics’ proprietary PST® Genetic Test. The PST® Genetic Test provides a means of assessing an individual’s genetic risk for periodontal disease, the most common cause of tooth loss. Under the terms of the agreement, OralDNA will receive a non-exclusive license from Interleukin Genetics to market, sell and distribute Interleukin Genetics’ proprietary PST® Genetic Test to dental practices within the United States. OralDNA will pay Interleukin Genetics a set fee per test for all tests sold by OralDNA and is responsible for all costs it incurs for marketing such tests. Patients will be asked in the informed consent if they would like to receive additional testing services, other than the PST® Genetic Test, provided by Interleukin Genetics. Lewis H. Bender, Chief Executive Officer of Interleukin Genetics, commented, “We are pleased to have entered into this license agreement for OralDNA to market our PST® Genetic Test as a determinant of risk for periodontal disease. We believe that this relationship will allow our sales of this important product to grow with a sales force that specifically targets dental practices. In addition, we expect that this agreement with OralDNA Labs will enable our core strategy of growth through partnerships and should allow Interleukin Genetics to build a customer base to provide additional test services.” Brian C. Carr, Chief Executive Officer of OralDNA, commented, “We are very excited to be working with Interleukin Genetics and adding the PST® Genetic Test to our portfolio of diagnostic tests performed in our new U.S. based laboratory. We believe that by combining our MyPerioPath test, which identifies specific pathogenic bacteria causing an infection within the gum structure, with the PST® Genetic Test, we are providing the dental community with the proper tools to identify and treat periodontal disease. The combination of both tests creates a systematic way to track and maximize clinical outcomes for dental professionals and their patients. As we continue to understand the systemic link and risk factors associated with periodontal disease, it’s important that we partner with companies who, like us, are focused on helping dental professionals identify and treat disease at its earliest onset.” About Periodontal Disease in the United States About PST® Genetic Test About Interleukin Genetics Interleukin Genetics is headquartered in Waltham, MA. For more information about Interleukin Genetics, its products and ongoing programs, please visit www.ilgenetics.com. About OralDNA Labs Certain statements contained herein are “forward-looking” statements including statements regarding our ability to develop diagnostic, personalized nutritional and therapeutic products to prevent or treat diseases of inflammation and other genetic variations, our ability to screen nutritional compounds for their effects on inflammatory responses and other genetic variations, given specific genetic patterns and our ability to make progress in advancing our core technologies. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, the risk of market acceptance of our products, the risk of technology and product obsolescence, delays in product development, the performance of our commercial partners, the availability of adequate capital, the actions of our competitors and other competitive risks, and those risks and uncertainties described in our annual reports on Form 10-K, our quarterly reports on Form 10-Q and other documents we file with, or furnish to, the Securities and Exchange Commission. We disclaim any obligation or intention to update these forward-looking statements. # # #
Contacts: Investor Relations: |
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