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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) is set to host a Capital Markets Day on May 11, 2023, at 2 p.m. Eastern Time, in a hybrid format at the New York Stock Exchange and via live webcast. The event will feature presentations by the executive team and recognized experts in the field, including Dr. Andy Retter and veterinary oncologists Professor Heather Wilson-Robles and Dr. Sue Ettinger. Topics will include the company's corporate strategy, Nu.Q® technology applications in sepsis, and veterinary diagnostics. A Q&A session will follow the presentations. Interested attendees can register for the event virtually or contact for in-person attendance. The event will also be webcasted, with presentations available on Volition's website post-event. VolitionRx focuses on cost-effective blood tests for diagnosing and monitoring diseases like cancer.
VolitionRx Limited (NYSE AMERICAN: VNRX) reported its full fiscal year 2022 results, highlighting a 240% revenue increase to approximately $300,000. The company secured global licensing agreements with Heska Corporation and IDEXX Laboratories for its Nu.Q® Vet Cancer Test, generating an upfront payment of $10 million and potential milestone payments up to $18 million. Cash and equivalents stood at $10.9 million as of December 31, 2022, after raising $8 million through a public offering. Volition continues to expand its intellectual property portfolio, holding 34 patent families and 97 granted patents. A conference call is scheduled for March 16, 2023, to discuss the results.
VolitionRx Limited (AMEX: VNRX) has announced a conference call scheduled for March 16, 2023, at 08:30 a.m. Eastern Time, to discuss its full fiscal year 2022 financial and operating results, along with a business update. CEO Cameron Reynolds, along with other executives, will address key events from 2022 and future milestones. A live audio webcast will be available on Volition's investor relations page, and a replay will be accessible until March 30, 2023. VolitionRx specializes in developing cost-effective blood tests for diagnosing and monitoring diseases using its proprietary Nu.Q® platform.
VolitionRx Limited (NYSE AMERICAN: VNRX) announced the completion of its underwritten public offering of 4,945,000 shares at $1.75 per share, yielding approximately $8.7 million in gross proceeds. The offering included full exercise of the underwriter's overallotment option. Net proceeds will be allocated for research, product development, clinical studies, commercialization, working capital, and potential strategic acquisitions. The shares were issued under a previously filed shelf registration statement with the SEC. Newbridge Securities Corporation acted as the sole book-running manager for this offering.
VolitionRx Limited (NYSE AMERICAN: VNRX) has announced a public offering of 4,300,000 shares at $1.75 each, expected to generate approximately $7.525 million in gross proceeds. The closing of the offering is anticipated on February 22, 2023, pending customary conditions. The company plans to utilize the net proceeds for various purposes, including research, product development, clinical studies, and potential strategic acquisitions. Additionally, an underwriter has a 30-day option to purchase up to 645,000 additional shares to cover over-allotments. This offering follows a shelf registration statement with the SEC filed in September 2021.
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