Stock Market News
Angle gains on breakthrough in cancer diagnostic technology
14-01-2013 09:46
| Add To Google +1 | Tweet |
Angle advanced more than 90 per cent Monday after the medtech company announced a major breakthrough in its cancer diagnostic product Parsotix.
The AIM listed company said it had edged further in the development of Parsortix, a non-invasive technology which captures and counts rare circulating tumour cells (CTC) from the blood of cancer patients.
Angle has designed a process for recovering the captured calls from the Parsotix cassette. The cells are then analysed by a variety of contemporary molecular techniques.
CTC analysis, through the use of such techniques, extends the Parsortix technology's capability and opens up new diagnostic, prognostic and treatment applications for cancer patients.
Angle expects its market to grow as it is the first device designed to recover CTCs. Analysis of CTCs can be used to screen and diagnose patients.
The company said the technology monitors patients' response to treatment in a non-invasive manner without having to perform a tumour biopsy.
Angle's research partner, the Paterson Institute for Cancer Research, will be researching the potential for the Parsortix system.
Angle's Founder and Chief Executive, Andrew Newland, said: "This major development means that our system now offers two approaches to analysis of CTCs: counting and identification of cells captured within the cassette; and molecular analysis of cells recovered from the cassette as a liquid biopsy.
"We know from discussions with researchers and physicians that there is market demand for this versatility."
RD
The AIM listed company said it had edged further in the development of Parsortix, a non-invasive technology which captures and counts rare circulating tumour cells (CTC) from the blood of cancer patients.
Angle has designed a process for recovering the captured calls from the Parsotix cassette. The cells are then analysed by a variety of contemporary molecular techniques.
CTC analysis, through the use of such techniques, extends the Parsortix technology's capability and opens up new diagnostic, prognostic and treatment applications for cancer patients.
Angle expects its market to grow as it is the first device designed to recover CTCs. Analysis of CTCs can be used to screen and diagnose patients.
The company said the technology monitors patients' response to treatment in a non-invasive manner without having to perform a tumour biopsy.
Angle's research partner, the Paterson Institute for Cancer Research, will be researching the potential for the Parsortix system.
Angle's Founder and Chief Executive, Andrew Newland, said: "This major development means that our system now offers two approaches to analysis of CTCs: counting and identification of cells captured within the cassette; and molecular analysis of cells recovered from the cassette as a liquid biopsy.
"We know from discussions with researchers and physicians that there is market demand for this versatility."
RD
| Related share prices |
|---|
| Angle (AGL) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce
- Banco Santander price
- Direct Line
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers
- Telecom plus
- Kier share price
- Punch taverns
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price


Prices

