MDxHealth Receives 2011 European Molecular Diagnostics for Oncology Technology Leadership Award

MDxHealth SA (NYSE Euronext: MDXH), a leading molecular diagnostics company in the field of personalized cancer treatment, announced today the receipt of the Frost & Sullivan 2011 European Molecular Diagnostics for Oncology Technology Leadership award. In giving the awards, Frost & Sullivan recognizes the strength and broad applicability of MDxHealth’s epigenetic technology platform in generating advanced tests for cancer assessment and the personalized treatment of patients.

“It is a great honor to receive this award from Frost & Sullivan,” noted Dr. Jan Groen, CEO of MDxHealth. “Our proprietary epigenetic technology, for which we are being recognized, forms the basis of all of our innovative cancer tests. It is good to see the hard work and dedication of all our employees being acknowledged independently.”

In bestowing the award, Frost & Sullivan Senior Research Analyst Cecilia Van Cauwenberghe said: “MDxHealth’s tests help distinguish between different levels of drug responders, while helping to accelerate the pharmaceutical development of a variety of drug therapies and demonstrating higher drug efficacy rates. Such new dynamic work styles enable the companies to overcome regulatory issues expediently, while simultaneously diminishing drug discovery and development costs.”

More information on the Award can be found on the Frost & Sullivan website: http://www.frost.com/prod/servlet/press-release.pag?docid=250886934