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VolitionRx Limited (VNRX) is a U.S.-based epigenetics company at the forefront of developing non-invasive blood tests for early detection and monitoring of life-altering diseases, including various cancers. By leveraging their proprietary Nucleosomics™ platform, VolitionRx is pioneering diagnostic tests that identify and measure nucleosomes in the bloodstream, indicating the presence of disease.
The company's goal is to make these blood tests as commonplace and straightforward as current diabetic and cholesterol tests. VolitionRx operates through subsidiaries, with its primary research and development activities based in Belgium. The company also has offices in the U.S., London, and Singapore, focusing on bringing revolutionary diagnostic products to market across Europe, the U.S., and globally.
VolitionRx's innovative product portfolio includes the Nu.Q® NETs test and the Nu.Q® Vet Cancer Test. The company has recently expanded into veterinary diagnostics with the Nu.Q® Vet Cancer Test, now available in Japan through a partnership with Fujifilm Vet Systems and in the U.S. and Europe through Antech Diagnostics. This expansion aims to provide veterinarians with simple, cost-effective tools for early cancer detection in dogs.
In 2023, VolitionRx achieved several milestones, including significant partnerships and the commercialization of its veterinary products. The company also made strides in its human diagnostics pipeline, with plans to advance its regulatory pathway with the U.S. FDA and large-scale clinical studies scheduled for publication.
VolitionRx remains focused on advancing the science of epigenetics to improve patient outcomes. The company aims to achieve cash flow neutrality by 2025 through a mix of revenue growth, milestone payments from licensing agreements, and cost reduction measures.
For more information, visit www.volitionrx.com, or follow them on Twitter, LinkedIn, and Facebook.
VolitionRx Limited (NYSE AMERICAN: VNRX) announced the appointment of Kim Nguyen and Richard Brudnick to its Board of Directors, effective March 25, 2021. Nguyen will chair the Compensation Committee while Brudnick will serve on the Audit and Compensation Committees. The company aims to transition to the commercialization phase of its Nu.Q® technology for cancer diagnostics. Nguyen brings HR expertise from Google APAC, and Brudnick has extensive experience in business development within the pharmaceutical sector. This strategic addition is expected to enhance Volition's operational management as it approaches product launches.
VolitionRx Limited (NYSE AMERICAN: VNRX) announced a significant advancement with the launch of its first product, the Nu.Q® Vet Cancer Screening Test, generating initial sales revenue. The company engaged Diagnostic Oncology CRO LLC for a pivotal U.S. regulatory trial for Non-Hodgkin's Lymphoma, expanding its research into NETosis related to COVID-19 and sepsis. Volition's cash position strengthened to approximately $40 million after a public offering, while it enhanced its intellectual property portfolio with 64 patents. The company is poised for growth in 2021 with beta launches planned in Asia and Europe.
VolitionRx Limited (NYSE AMERICAN: VNRX) announces promising data on its Nu.Q® assay presented at the International Society for Apheresis meeting. The study conducted with Santersus AG shows that the Nu.Q® assay effectively monitors the removal of Neutrophil Extracellular Traps (NETs) in a pig model of sepsis. Results indicate that this innovative treatment can remove up to 99% of circulating NETs, potentially offering new avenues for treating various diseases, including sepsis, COVID-19, and cancer. Further studies are underway for human trials.
VolitionRx Limited (VNRX) will host a conference call on March 23, 2021 at 8:00 a.m. ET to discuss its financial and operational results for the full fiscal year 2020. The call will be led by CEO Cameron Reynolds and CFO Terig Hughes, among others, providing updates on clinical trials, key events from 2020, and future milestones. Investors can access the call via a live audio webcast or through dial-in options. A replay will be available until April 6, 2021. VolitionRx focuses on developing blood tests for cancer diagnosis, leveraging its Nucleosomics technology.
VolitionRx Limited (NYSE AMERICAN: VNRX) announces presentations at six virtual conferences in March 2021.
CEO Cameron Reynolds and Executive VP Scott Powell will discuss the company's business, clinical, regulatory, and operational milestones. Key events include:
- H.C. Wainwright Global Life Sciences Conference on March 9.
- Maxim 2021 Emerging Growth Conference from March 17-19.
- Life Sciences Investor Forum on March 25.
Volition focuses on diagnostic tests for cancers using Nucleosomics™ technology.
VolitionRx Limited (NYSE AMERICAN: VNRX) announced the closing of its underwritten public offering of 3,809,524 shares, raising approximately $20 million before expenses. All shares were sold by Volition, and the underwriter has an option to purchase an additional 571,428 shares. The funds will be used for general corporate purposes, including product development and potential acquisitions. The offering was conducted under a previously filed shelf registration statement with the SEC.
VolitionRx Limited (NYSE AMERICAN: VNRX) announced a public offering of 3,809,524 shares of common stock, priced to generate approximately $20 million in gross proceeds. The offering is expected to close on February 12, 2021, pending customary conditions. Cantor Fitzgerald & Co. is managing the offering, which includes an option for the underwriter to purchase an additional 571,428 shares. Net proceeds will fund general corporate purposes, including product development and potential acquisitions. The last reported share price was $6.27.
VolitionRx Limited (NYSE AMERICAN: VNRX) has announced an underwritten public offering of its common stock, with all shares to be sold by the company. The offering is subject to customary closing conditions and includes a 30-day option for the underwriter to purchase an additional 15% of shares. The offering is conducted under an effective shelf registration statement filed with the SEC. This is part of Volition's strategy to fund its diagnostic products based on the Nucleosomics™ platform, aimed at early disease detection and diagnosis.
VolitionRx Limited (NYSE AMERICAN: VNRX) has announced key management appointments aimed at driving commercialization efforts. Terig Hughes is appointed Chief Financial Officer, alongside Gaetan Michel as Chief Operating Officer, Gael Forterre as Chief Commercial Officer, and Mark Eccleston as Chief Technology Officer. The company has opened a new manufacturing facility and secured approximately $4 million in non-dilutive funding. The leadership transitions come as VolitionRx shifts from R&D to a focus on market readiness for its cancer diagnostic products.
VolitionRx Limited (NYSE AMERICAN: VNRX) will be presenting live at VirtualInvestorConferences.com on February 4, 2021, at 12:00 PM EST. The session, led by Scott Powell, CFO, aims to engage investors with real-time Q&A opportunities. VolitionRx specializes in epigenetic blood tests to aid in diagnosing various cancers and diseases, utilizing Nucleosomics technology. Participants are encouraged to pre-register and check their systems to ensure smooth access. An archived version will be available post-event for those unable to attend live.
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