
This announcement contains inside information as stipulated under the
AQSE: EDX
("EDX Medical" or the "Group" or "Company")
EDX MEDICAL ANNOUNCES COMMERCIAL LAUNCH
OF HIGHLY ACCURATE TC100 TESTICULAR CANCER TESTING SERVICE
The TC100 service is based on a simple blood sample which is taken by a health professional and sent for laboratory analysis.
The service encompasses a range of biomarkers that enable the detection of very early signs of the disease in a small blood sample, allowing healthcare professionals to confirm the presence or absence of testicular cancer in men from a range of ethnicities and ages with ultra-high accuracy. Testicular cancer can be treated very successfully if detected early.
The TC 100 testing service includes unique micro-RNA biomarker reporting alongside the classic three serum biomarkers AFP - Alpha-fetoprotein, HCG - Human Chorionic Gonadotrophin and LDH - Lactate Dehydrogenase, included in the
Because of its high sensitivity and reliability, the TC 100 service is also particularly useful for the required surveillance of surviving testicular cancer patients following treatment, where it has demonstrated 100% success rates for detecting the first signs of recurrence in thousands of patients.
More than 30 clinical study reports have confirmed the accuracy and clinical usefulness of the proprietary micro-RNA biomarker included in the TC100 service, supporting its use alone or in combination with established biomarkers used by the
Further information on the testing service is available at https://edxmedical.co.uk/product/testicular-cancer-testing-service/
The first two patients referred to the TC100 service by their doctors yielded data that confirmed with 99% accuracy that one young man was in fact completely clear of testicular cancer, whilst in the second case, the presence of testicular cancer was detected and confirmed in a subsequent scan, enabling treatment to commence rapidly.
Testicular cancer is now the most common form of cancer among young men. There are around 2,500 new cases of testicular cancer in the
One of the first doctors in the
Professor Sir
Dr
The launch of the TC100 service is important verification of the company's commercial strategy. In respect of revenues, the Company encountered a short delay in some product availability in the European market, which affected forecast revenues for the current financial year. These matters have been resolved and significant revenues from the TC 100 service, existing products and those in development, are expected to be delivered in the following financial period.
ENDS
Contacts
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+44 (0)7812 345 301 |
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+44 (0)20 3179 5300 |
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+44 (0)7788 414856 + 44 (0)7834 694609
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IFC Advisory (Investor Relations) |
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+44 (0)20 3934 6630 |
Notes for Editors:
The EDX Medical Group plc is listed on the Apex Segment of the AQSE Growth Market (TIDM: EDX).
EDX Medical was founded by Professor Sir
By translating clinical insights into pragmatic solutions combining advanced biological and digital technologies, EDX Medical seeks to cost effectively improve the detection and characterisation of disease to personalise treatment in a timely fashion. Early disease detection and biologically based personal treatment optimisation is considered to be the most impactful way of improving patient outcomes, reducing deaths and lowering the cost of healthcare globally.
EDX Medical Group provides doctors, hospitals and insurers/payers with access to a portfolio of the best clinical diagnostics products and services. The Company operates its own facilities in
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