STOCK TITAN

Angle PLC Announces Poster on Parsortix System Presented at AACR 2022

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

ANGLE plc presented results from its Parsortix system at the AACR 2022 conference, showcasing its effectiveness in analyzing circulating tumor cells (CTCs) from triple negative breast cancer (TNBC) patients. The poster highlighted a higher positivity rate for CTCs compared to alternative methods, particularly noting the presence of mesenchymal phenotype CTCs and clusters. This technology supports longitudinal monitoring in cancer drug trials and is part of ANGLE's pharma services. The Parsortix system is designed for non-invasive cancer analysis and has a strong patent portfolio in multiple countries.

Positive
  • Successfully showcased the Parsortix system, generating industry interest.
  • Demonstrated higher positivity rates for CTCs from TNBC patients compared to alternative methods.
  • Supports longitudinal monitoring in cancer drug trials, enhancing ANGLE's pharma services.
Negative
  • None.

PARSORTIX SYSTEM RESULTS PUBLISHED AS A POSTER AT LEADING CANCER CONFERENCE AACR 2022

Poster demonstrated use of Parsortix workflow for triple negative breast cancer

GUILDFORD, UK / ACCESSWIRE / April 14, 2022 / ANGLE plc ("the Company") (AIM:AGL),(OTCQX:ANPCY), a world-leading liquid biopsy company, is pleased to announce that the Company has presented a poster showcasing the Parsortix® system at the American Association for Cancer Research Conference (AACR) 2022, held in New Orleans, United States on 8-13 April 2022.

The research presented related to the use of the Parsortix system with triple negative breast cancer (TNBC) patients. TNBC is a form of invasive breast cancer, which has limited treatment choices and a poor prognosis.

The poster attracted industry interest as it demonstrated the ability to analyse cancer cells harvested from patient blood samples, known as circulating tumour cells (CTCs), for key markers of interest and, as a result of its capability to investigate both mesenchymal and epithelial CTCs, a significantly higher positivity rate than alternative approaches. Key features included the high proportion of CTCs of mesenchymal phenotype and the high proportion of patient samples with CTC clusters, both of which are key differentiating factors of the Parsortix system.

ANGLE is offering this workflow as part of its pharma services business for longitudinal monitoring of patients in cancer drug trials.

The poster is available online at https://angleplc.com/library/publications/#posters.

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, Ciaran Walsh, Milo Bonser

+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 HyCEADTM 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 59 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.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: ANGLE plc



View source version on accesswire.com:
https://www.accesswire.com/697435/Angle-PLC-Announces-Poster-on-Parsortix-System-Presented-at-AACR-2022

FAQ

What is the significance of the Parsortix system presented by ANGLE at AACR 2022?

The Parsortix system showed higher positivity rates for CTCs in triple negative breast cancer patients, indicating its effectiveness in cancer analysis.

What type of cancer was the focus of ANGLE's poster at AACR 2022?

ANGLE's poster focused on triple negative breast cancer (TNBC), which has limited treatment options.

How does the Parsortix system benefit cancer drug trials?

It enables longitudinal monitoring of patients, providing valuable insights for drug trials.

What is the main feature of the Parsortix system highlighted in the press release?

The system captures both mesenchymal and epithelial CTCs, leading to significantly higher positivity rates.

Which conference did ANGLE present its Parsortix system at?

ANGLE presented its findings at the American Association for Cancer Research (AACR) 2022 conference.

ANGLE PLC S/ADR

OTC:ANPCY

ANPCY Rankings

ANPCY Latest News

ANPCY Stock Data

32.45M
243.71M
Diagnostics & Research
Healthcare
Link
United States of America
Guildford