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EMV CAPITAL-BACKED GLYCOTEST™ PARTNERS WITH UNIVERSITY OF GEORGIA TO ACCELERATE NOVEL LIVER CANCER DIAGNOSTIC ASSAYS

SEPTEMBER 23, 2024-NEWS - NO COMMENTS - POSTED BY WEBMASTER

Merion, PA – 23 September 2024 – Glycotest, Inc. announces that it has entered into an agreement with the University of Georgia Complex Carbohydrate Research Center (CCRC) in Athens, GA to develop novel glycomic assays for its HCC Panel blood test, aimed at early-stage liver cancer detection. The agreement moves Glycotest towards commercializing its breakthrough platform, leveraging significant R&D efforts to tackle Hepatocellular Carcinoma (HCC), the most common and lethal form of liver cancer.

Under the terms of the agreement, Glycotest will fund the development of the new assays at the CCRC, with Glycotest securing exclusive rights to the resulting intellectual property. The new assays developed by the CCRC will be deployed by Glycotest in its HCC Panel test. The assay development work will be spearheaded by Dr. Parastoo Azadi, Associate Director of CCRC Service and Training.

Glycotest is a liver disease diagnostics company commercializing new and unique blood tests for liver cancers and fibrosis-cirrhosis. The Company has made huge strides in developing its innovative diagnostic technology and the deal with CCRC, a world leader in glycoscience, marks a crucial step toward market launch.

Charles Swindell, PhD, CEO, Glycotest, commented:

“Glycotest is fortunate to partner with the CCRC—a world renowned innovator in glycoscience testing methodology—on this final chapter in making the HCC Panel test available to liver disease patients and their physicians. We believe the HCC Panel could become a significant tool for better identification of early-stage HCC patients eligible for potentially curative therapy.”

The CCRC’s expertise will enhance Glycotest’s proprietary HCC Panel, which has already shown promise in identifying early-stage liver cancer—where treatment options can be most effective. The potential market is huge, with an estimated three million patients in the US, and potentially up to 380 million patients worldwide, eligible for routine HCC surveillance testing. Glycotest employs unique non-invasive blood tests based on proprietary serum glycoprotein biomarkers, biomarker panels and assay technology that exploit novel carbohydrate-based disease signal chemistry.

The CCRC is a long-standing center of excellence in the glycosciences, the branch of science that investigates the structure, biosynthesis, and biological functions of molecules that contain carbohydrates. With expertise and resources in a rich array of sophisticated instrumental techniques key to glycoscience research, the CCRC is uniquely positioned to collaborate with Glycotest on this important project focusing on the development of superior mass spectroscopy-based glycomic assays.

Parastoo Azadi, PhD, Associate Director of the CCRC-Service and T

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12 August 2024

London, UK: Q-Bot, a leading provider of innovative underfloor insulation solutions with robots, is delighted to announce a strategic partnership with Furbnow, who are dedicated to decarbonising 1 million UK homes by 2030. This collaboration will see Q-Bot’s advanced underfloor insulation (UFI) technology integrated into Furbnow’s comprehensive Home Energy Plans, helping homeowners across the country enhance comfort and reduce energy consumption.

Q-Bot robot in floor void with Furbnow and Q-Bot logos

Furbnow, known for its comprehensive, end-to-end approach to home energy upgrades, offers homeowners a one-stop shop for retrofitting their properties. By combining forces with Q-Bot, Furbnow will further streamline its supply chain management, ensuring that homeowners receive the highest quality insulation solutions available.

Becky Lane, CEO at Furbnow, commented on the partnership, “We are excited to welcome Q-Bot into the Furbnow family. Their innovative underfloor insulation technology is a game-changer for homeowners looking to improve the energy efficiency of their homes. Together, we’re not just offering insulation – we’re providing peace of mind and long-term savings, all while contributing to our goal of decarbonising 1 million UK homes by 2030.”

Leigh Fairbrother, Head of Commercial at Q-Bot, added, “Partnering with Furbnow is a significant step in our mission to make UK homes warmer, healthier, and more energy efficient. We share a commitment to delivering energy efficiency measures with the highest level of quality assurance. By integrating our UFI technology into Furbnow’s Home Energy Plans, we can help more homeowners across the UK reduce their energy consumption and mitigate the risks of damp and mould.”

This partnership underscores the shared vision of both companies to lead the charge in the decarbonisation of UK homes, providing innovative, tailored solutions that enhance the quality of living for homeowners across the country.

Earlier today.

Have NSCI given up on the PR?

PRESS RELEASE: E.ON and Q-Bot team up to use robotics and AI to help insulate Britain’s homes

Leading energy and solutions provider E.ON and construction tech firm Q-Bot Ltd are joining forces to help insulate Britain’s homes – using the power of robotics and AI. The companies are working in partnership with the government under the Great British Insulation Scheme (GBIS) to offer an average of £1,3771 in funding for Q-Bot to install ground-breaking underfloor insulation in qualifying homes across the UK.

Alexis Keel, E.ON UK’s Head of Obligation Delivery , said: “Improved insulation makes for more comfortable homes and healthier residents, and we’re proud to work with Q-Bot to help make this a reality for even more people across the country. Q-Bot’s unique approach mirrors our own ambition to create a new energy world where affordability, innovation and sustainability go hand-in-hand as we work to meet the nation’s net zero goals.”

Leigh Fairbrother, Q-Bot’s Head of Commercial, said: “We are delighted to be working with E.ON to help improve the energy efficiency of homes across the country. We already install our floor insulation in more than 100 British homes every month and together with E.ON, we can help in the delivery of the Government’s insulation policy and fuel poverty agenda and improve the fabric of the country’s housing stock, especially in the social housing sector. Importantly, , our insulation can make homes healthier, by reducing the risk of damp and mould, as well as making a positive impact on comfort for people up and down the country.”

About the E.ON and Q-Bot scheme

The first phase of the E.ON Next and Q-Bot GBIS partnership will run in the North East and the South East of England, South Wales and London. If successful, the scheme could extend across England, Scotland and Wales over the next two years.

GBIS forms part of the broader energy efficiency programme which it delivers under the auspices of OFGEM’s Energy Company Obligation (ECO), a requirement for all large energy suppliers. E.ON and Q-Bot hope to insulate hundreds of homes as part of the scheme, as either a single energy efficiency measure or part of a comprehensive energy efficiency upgrade of a

Just to add to the feel good factor!

NetScientific: Broker initiates coverage with 'buy' recommendation and 137p price target

Published: 14:58 17 Jun 2024 BST

NetScientific PLC -

Panmure Gordon has initiated coverage on NetScientific PLC (AIM:NSCI) with a 'buy' recommendation and a price target of 137 pence, hailing its shift away from traditional venture capital (VC) investment models towards a focus on deep technology and life sciences sectors.

NetScientific, under the leadership of CEO Dr Ilian Iliev since 2020, has evolved to support innovation and growth in these sectors, the broker said.

The company’s strategy includes syndicating third-party investments and offering advisory services to its portfolio companies. These services generate additional revenue, helping offset the costs of managing the platform, Panmure said.

Its assets under management (AUM) have grown substantially, from approximately £12 million in 2020 to over £100 million. This advance is a mix of direct investments and managed third-party holdings, the broker said in its initiation report.

A key aspect of NetScientific's strategy is its focus on areas such as artificial intelligence (AI), robotics, semiconductors, materials science, and life sciences. This approach marks a departure from traditional VC investments in software as a service (SaaS), digital-only models, and fintech, Panmure said.

A notable example of NetScientific’s strategic shift is the recent deal between its subsidiary EMV Capital and Cambridge-based Martlet Capital. This transaction significantly increased AUM and is expected to enhance revenue opportunities and support future fund launches.

As NetScientific continues to execute its strategy, it leverages its exposure to high-barrier-to-entry businesses across various subsectors. This diversification presents numerous opportunities for value creation.

Panmure Gordon’s valuation of NetScientific at £32.8 million, or 137p per share, represents a 98% potential upside from current levels.

In afternoon trading the stock was up 1% at 70.9p.