Company Profile

Cernostics Pathology Inc
Profile last edited on: 10/19/21      CAGE: 58PM3      UEI: SS56A8CVNN59

Business Identifier: New paradigm for diagnostics based on spatial biology: new molecular diagnostic tests for cancer treatment
Year Founded
2008
First Award
2009
Latest Award
2016
Program Status
Inactive (Acquired)
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Location Information

235 William Pitt Way
Pittsburgh, PA 15238
   (412) 820-3050
   N/A
   www.cernostics.com
Location: Single
Congr. District: 17
County: Allegheny

Public Profile

In October 2021 it was announed that Cernostics had been acquired by Texas based Castle Biosciences (NASDAQ.CSTL) - a biotech company structured around development of diagnostic tests and technologies employed incancer reatment. Cernostics Pathology Inc. is a diagnostics company focused on developing cancer diagnostics and prognostics using a proprietary technology for tissue analysis. The company's technology is based on a tissue systems biology approach in which a tumor is evaluated as a system composed of multiple interacting cell types. The company's TissueCypher™ technology uniquely analyzes whole slide digital images with multiplexed fluorescence, providing greater information and accuracy than traditional subjective tissue diagnostics. Cernostics' lead product is TissueCypher™ Barrett's Esophagus Assay, which is focused on eliminating the uncertainty related to the treatment of Barrett's Esophagus patients and providisng actionable information to gastroenterologist

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
20-24
Revenue Range
2M-2.5M
VC funded?
Yes
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2016 2 NIH $1,231,312
Project Title: Tissuecypher Testing for Risk Assessment in Barretts Esophagus
2009 1 NIH $147,267
Project Title: Tissue Systems Biology for Breast Cancer Prognostic and Predictive Testing

Key People / Management

  Mike Hoerres -- CEO

  Alicia Angelo -- Senior Associate Scientist / Digital Pathology Lab

  Emily Bossart -- Senior Scientist

  Rebecca Critchley-Thorne -- Chief Scientific Officer, Co-Founder at Cernostics, Inc

  Michel A Nederlof -- Former Founder and President QED

  Jon Schuler -- Data Architect and Statistician