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Pin to quick picksAngle Share News (AGL)

Share Price Information for Angle (AGL)

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Share Price: 17.75
Bid: 17.00
Ask: 18.50
Change: 4.00 (29.09%)
Spread: 1.50 (8.824%)
Open: 16.25
High: 18.25
Low: 15.25
Prev. Close: 13.75
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Angle Shares Jump On Recent Parsortix System Research Results

Thu, 18th Feb 2021 10:24

(Alliance News) - Angle PLC on Thursday said new research demonstrates the ability of the Parsortix system to harvest circulating tumour cells with a mesenchymal phenotype, which can be used to detect the metastatic biomarker cysteine-rich angiogenetic inducer 61 in breast cancer patients.

Cysteine-rich angiogenetic inducer 61 protein is a potent regulator of many cellular functions important in cancer development. This protein is expressed in most forms of solid tumours and in breast cancer, potentially playing a role in tumour progression, metastatic expansion, and the development of resistance to anti-cancer drugs including endocrine therapies.

The liquid biopsy company said the research was published by the University Medical Centre Hamburg-Eppendorf, Germany. In this study, researchers found that cysteine-rich angiogenetic inducer 61 was over-expressed in 43% of circulating tumour cells isolated from 35 breast cancer patients.

In addition, they were able to demonstrate in breast cancer cell-lines that the loss of cysteine-rich angiogenetic inducer 61 reduced the viability of tumour cells by decreasing cancer cell proliferation and cell survival. As such, cysteine-rich angiogenetic inducer 61 might serve as a novel marker for circulating tumour cells and disseminated tumour cells similar to those found in the bone marrow and help identify cells with a more aggressive phenotype.

"Cysteine-rich angiogenetic inducer 61 might therefore serve as a novel biomarker for a subset of circulating tumour cells and disseminated tumour cells with high plasticity in breast cancer. In addition, cysteine-rich angiogenetic inducer 61 might represent an interesting anti-metastatic target that could be explored in future studies," said Angle Founder & Chief Executive Andrew Newland.

Angle shares were trading 6.9% higher in London on Thursday at 94.62 pence each.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Angle locks in $250,000 contract with Eisai

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IN BRIEF: Angle teams with Japan's Eisai in breast cancer drug trial

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IN BRIEF: Angle launches diagnostic kit at cancer symposium

Angle PLC - Surrey, England-based medical diagnostics company - Launches its Portrait Plus CTC staining kit at the San Antonio Breast Cancer Symposium, following "extensive" development, optimisation and validation of the kit. Explains that the kit is read-to-use, and designed for the dentification, characterisation and enumeration of epithelial and mesenchymal cancer cells. This includes those undergoing epithelial-to-mesenchymal transition.

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