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Re: bart post# 1450

Tuesday, 03/01/2011 12:19:28 PM

Tuesday, March 01, 2011 12:19:28 PM

Post# of 205102
In the PR, Mabcure said that in the second quarter of this year they are relocating their labs to New York City within a network of world class biomedical research centers. That should put more pressure on Arrayit.

"Lastly, we are pleased to inform you that our Board of Directors has approved our plan to relocate MabCure’s lab facilities and executive offices to New York City, within a network of world class biomedical research centers, which we believe will enhance MabCure’s position in the field, present new collaboration opportunities and accelerate R&D. We anticipate that the relocation will be completed during the second quarter of this year, and will not interfere with our ability to achieve our clinical milestones in a timely manner."