Angle PLC Announces Participation at Jefferies healthcare conference

Rhea-AI Summary

ANGLE plc (OTCQX:ANPCY) will present at the Jefferies London Healthcare Conference on November 16 at 10:00 AM GMT. The conference is the largest healthcare-focused investor event in Europe and features CEO Andrew Newland and CFO Ian Griffiths. ANGLE's innovative Parsortix liquid biopsy technology enables comprehensive cancer analysis through non-invasive blood tests, with a CE Mark in Europe and a pending FDA submission for breast cancer applications. The company is advancing clinical studies to enhance ovarian cancer detection accuracy.

Positive

• Participation in the significant Jefferies London Healthcare Conference highlights ANGLE's visibility and potential to attract investor interest.
• The Parsortix system has achieved a CE Mark in Europe and is awaiting FDA clearance, positioning ANGLE at the forefront of liquid biopsy technology.
• ANGLE has demonstrated a best-in-class accuracy of 95.1% in clinical studies for the ovarian cancer pelvic mass triage test, indicating strong potential for market adoption.

Negative

• None.

PARTICIPATION AT JEFFERIES LONDON HEALTHCARE CONFERENCE

GUILDFORD, UK / ACCESSWIRE / November 12, 2021 / ANGLE plc (AIM:AGL OTCQX:ANPCY), a world-leading liquid biopsy company, is pleased to announce that Andrew Newland, Chief Executive Officer, and Ian Griffiths, Chief Financial Officer, will be presenting at the Jefferies London Healthcare Conference on Tuesday 16 November at 10.00 AM GMT. This is the largest healthcare-dedicated investor conference in Europe.

For further information:

ANGLE plc	+44 (0) 1483 343434
Andrew Newland, Chief Executive Ian Griffiths, Finance Director Andrew Holder, Head of Investor Relations
Berenberg (NOMAD and Joint Broker) Toby Flaux, Jen Clarke, Milo Bonser, Shiv Dave	+44 (0) 20 3207 7800
Jefferies (Joint Broker) Max Jones, Thomas Bective	+44 (0) 20 7029 8000
FTI Consulting Simon Conway, Ciara Martin Matthew Ventimiglia (US)	+44 (0) 203 727 1000 +1 (212) 850 5624

For Frequently Used Terms, please see the Company's website on https://angleplc.com/investor-relations/glossary/

Notes for editors

About ANGLE plc www.angleplc.com

ANGLE is a world leading liquid biopsy company with sample-to-answer solutions. ANGLE's proven patent protected platforms include a circulating tumor cell (CTC) harvesting technology and a downstream analysis system for cost effective, highly multiplexed analysis of nucleic acids and proteins.

ANGLE's cell separation technology is called the Parsortix^® system, and it enables a liquid biopsy (a simple blood test) to be used to provide the cells of interest to the user in a format suitable for multiple types of downstream analyses. The system is based on a microfluidic device that captures cells based on a combination of their size and compressibility. The system is epitope independent and can capture all types of CTCs as well as CTC clusters in a viable form (alive). CTCs enable the complete picture of a cancer to be seen; as being an intact cell they allow DNA, RNA and protein analysis and may provide comparable analysis to a tissue biopsy. Because CTC analysis is a non-invasive process, unlike tissue biopsy, it can be repeated as often as needed. This is important because cancer develops and changes over time and there is a clear medical need for up-to-date information on the status of a patient's tumor. In addition, the live CTCs harvested by the Parsortix system can be cultured, which offers the potential for testing tumor response to drugs outside the patient.

The Parsortix technology is the subject of 26 granted patents in Europe, the United States, China, Australia, Canada, India, Japan and Mexico with three extensive families of patents are being progressed worldwide.

The Parsortix system has a CE Mark in Europe for the indicated use and, in the United States, a De Novo Submission has been made to FDA for the Parsortix^® PC1 system seeking FDA clearance with Class II Classification for use with metastatic breast cancer patients. FDA clearance is seen as the global standard. ANGLE is seeking to be the first ever FDA cleared system for harvesting CTCs for subsequent analysis.

ANGLE has also completed two separate 200 subject clinical studies under a program designed to develop an ovarian cancer pelvic mass triage test, with the results showing best in class accuracy (AUC-ROC) of 95.1%. The pelvic mass triage assay has undergone further refinement and optimisation and a 200 patient clinical verification study has now completed enrolment.

ANGLE's technology for the multiplex evaluation of proteins and nucleic acids of all types is called the HyCEAD^TM platform and is based on a patented flow through array technology. It provides for low cost, highly multiplexed, rapid and sensitive capture of targets from a wide variety of sample types. A proprietary chemistry approach (the HyCEAD method) allows for the capture and amplification of over 100 biomarkers simultaneously in a single reaction. The HyCEAD system is extremely sensitive and is ideal for measuring gene expression and other markers directly from Parsortix harvests and was used in the ovarian cancer pelvic mass triage test to achieve best in class accuracy (AUC-ROC) of 95.1%.

ANGLE's proprietary technologies can be combined to provide automated, sample-to-answer results in both centralised laboratory and point-of-use cartridge formats.

ANGLE has established formal collaborations with world-class cancer centres and major corporates such as Abbott, Philips and QIAGEN, and works closely with leading CTC translational research customers. These Key Opinion Leaders (KOLs) are working to identify applications with medical utility (clear benefit to patients), and to secure clinical data that demonstrates that utility in patient studies. The body of evidence as to the benefits of the Parsortix system is growing rapidly from our own clinical studies in metastatic breast cancer and ovarian cancer and also from KOLs with 49 peer-reviewed publications and numerous publicly available posters, available on our website.

ANGLE has established clinical services laboratories in the UK and USA to accelerate commercialisation of the Parsortix system and act as demonstrators to support product development. The laboratories offer services to pharmaceutical and biotech customers for use of Parsortix in cancer drug trials and, once the laboratories are accredited and tests validated, will provide Laboratory Developed Tests (LDTs) for patient management.

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SOURCE: ANGLE plc

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FAQ

What is ANGLE plc's presentation date at the Jefferies London Healthcare Conference?

ANGLE plc will present on November 16 at 10:00 AM GMT.

What technology will ANGLE plc present at the Jefferies Conference?

ANGLE plc will present its Parsortix liquid biopsy technology, which enables cancer analysis through blood tests.

What is the significance of the Parsortix system's CE Mark and FDA submission?

The CE Mark demonstrates regulatory approval in Europe, and the FDA submission seeks to establish ANGLE as the first to receive clearance for CTC harvesting.

What was the accuracy result of ANGLE plc's ovarian cancer test?

ANGLE plc achieved a best-in-class accuracy of 95.1% in clinical studies for the ovarian cancer pelvic mass triage test.