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Share Price: 20.75
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Angle upbeat on recent cancer research results

Fri, 21st Jun 2019 15:26

(Sharecast News) - Liquid biopsy company Angle announced on Friday that the University Medical Centre Hamburg-Eppendorf (UKE) cancer centre has published results of work demonstrating that its 'Parsortix' system can be used as a liquid biopsy to investigate programmed death-ligand 1 (PD-L1) status in non small cell lung cancer (NSCLC) patients.The AIM-traded firm said the expression of the protein PD-L1 in cancer cells was of particular importance as PD-L1, and the PD-1 protein to which it binds, were the key targets for leading immunotherapy drugs, with revenues forecast to exceed $20bn in 2019.It said immunotherapy drugs could be "very effective" for some patients, however, typically only between 20% and 30% of patients would respond.That meant it was "crucial" to be able to accurately identify which patients, both to reduce the patient's exposure to unnecessary drug toxicity and to reduce unnecessary healthcare expenditure, given such treatment could cost around $0.15m per patient each year, and only a minority of patients would benefit.The company said the research by UKE, undertaken using Parsortix over a three-year period and published in the peer-reviewed medical journal 'Cancers', showed that in a head-to-head comparison of 97 lung cancer patients, Parsortix was able to detect circulating tumor cells (CTCs) in nearly twice as many patients as the leading competing system.Additionally, the research showed that the PD-L1 expression in a tissue biopsy - the current standard of care, which Angle described as "invasive and expensive" - did not always reflect the heterogeneity of PD-L1 expression in the cancer of Stage IV NSCLC patients with multiple tumor sites, meaning a Parsortix CTC liquid biopsy could therefore provide more comprehensive information.A longitudinal investigation using Parsortix in NSCLC patients being treated with immunotherapy drugs 'pembrolizumab' (Keytruda), 'nivolumab' (Opdivo) or 'atezolizumab' (Tecentriq) over multiple time points investigated the changes in PD-L1 positive and negative circulating tumor cells.In all the NSCLC patients that developed resistance to those immunotherapies, an increase in PD-L1+ CTCs was identified compared to earlier time points.Angle said UKE's success in using Parsortix for PD-L1 analysis in NSCLC was consistent with work previously published demonstrating the use of Parsortix for PD-L1 analysis in head and neck squamous cell carcinoma (HNSCC), with the board anticipating that Parsortix could be used for PD-L1 analysis in multiple other cancer types.It said Keytruda, for example, was a broad spectrum anti-cancer drug and had already been approved for 15 cancers and 10 tumor types.Tissue biopsy in the lung, both for lung cancer and as a common metastatic site, was described by the company as "challenging", carrying significant risk with up to 24% of patients experiencing serious complications and up to 1% resulting in death.Additionally, it said the tissue biopsy is expensive, impractical for repeat testing, with a "significant proportion" of biopsies failing to provide sufficient quality or quantity of tissue for accurate analysis.The Parsortix CTC liquid biopsy had the potential to address those limitations through a simple blood test.Angle said the ctDNA liquid biopsy approach - fragments of DNA from dead cancer cells - used by a number of large scale laboratories could analyse PD-L1, as that was a protein expression on the cancer cells.Lung cancer had the highest incidence and mortality rate of all cancers, Angle noted.The board said it believed there was an opportunity to build on the work undertaken to provide services to pharmaceutical drug trials in determining likely patient responders, and as a companion diagnostic to assess which patients were likely to respond to particular immunotherapies."The ability to identify which patients will respond to PD-L1/PD-1 immunotherapies and to assess response to these drugs during treatment, is a major unmet medical need," said Angle founder and chief executive officer Andrew Newland."The Parsortix system addresses key shortcomings in alternative approaches offering the potential for routine liquid biopsies through a simple blood test."
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21 Jun 2019 12:56

Angle's Parsortix Successfully Investigates Immunotherapy Target

(Alliance News) - Angle PLC on Friday said its Parsortix system has been successfully used as a liquid biopsy to investigate an immunotherapy target in lung cancer.Shares in Angle were up a

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5 Jun 2019 13:04

Angle's Parsortix And HyCEAD Ziplex Systems Identify Cancer In Study

LONDON (Alliance News) - Angle PLC on Wednesday announced positive results from a study evaluating the ability of its Parsortix and HyCEAD Ziplex platforms to test for ovarian cancer.The to

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31 May 2019 09:53

Angle reveals positive results from latest Parsortix study

(Sharecast News) - Liquid biopsy company Angle announced positive results from its 'Parsortix' FDA clinical study for metastatic breast cancer on Friday.

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26 Apr 2019 12:48

Angle's Parsortix system used in more groundbreaking research

(Sharecast News) - Liquid biopsy company Angle announced on Friday that its 'Parsortix' system has been utilised in further groundbreaking new cancer research, demonstrating the role of myeloid-derived suppressor cells (MDSCs) as part of large circulating tumor cell (CTC) clusters, which are 50x more likely to generate metastasis than single CTCs, for the first time.

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26 Apr 2019 12:29

Angle's Parsortix System Used In Further "Groundbreaking" Research

LONDON (Alliance News) - Liquid biopsy firm Angle PLC on Friday said its Parsortix system has been used in "groundbreaking" cancer research.The research showed the first the time

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18 Apr 2019 11:35

US Cancer Centre Uses Angle's Parsortix System For Assessments

LONDON (Alliance News) - Angle PLC on Thursday said its ParsortixTM system was used by the University of Texas MD Anderson Cancer Center to develop a new technique for assessing the metastatic of

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12 Apr 2019 15:25

Angle's Parsortix to be used in new Greece study

(Sharecast News) - Liquid biopsy company Angle announced on Friday that a leading customer has established a multi-centre study to investigate biomarkers on circulating tumor cells (CTCs), using its 'Parsortix' system, which could give advance warning of relapse in non small cell lung cancer (NSCLC).

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12 Apr 2019 11:59

University Of Athens Cancer Study To Use Angle's Parsortix System

LONDON (Alliance News) - Liquid biopsy firm Angle PLC on Friday said a "leading" customer has set up a multi-centre study using its Parsortix system.The study is being carried out

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7 Mar 2019 13:09

Angle Enrols All 400 Patients In US Breast Cancer Study For Parsortix

LONDON (Alliance News) - Angle PLC on Thursday said it has completed enrolment for a US study of its Parsortix biopsy technology in metastatic breast cancer.All of the 400 subjects required

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7 Mar 2019 09:35

Angle completes enrolment in Parsortix breast cancer study

(Sharecast News) - Liquid biopsy company Angle announced on Thursday that enrolment for its 'Parsortix' FDA clinical study for metastatic breast cancer was now complete.

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28 Feb 2019 13:30

Angle Enrolls First Patients In Ovarian Cancer Study

LONDON (Alliance News) - Angle PLC on Thursday said it has enrolled the first patients in an ovarian cancer verification study, after receiving ethics approval.The study will be divided a a

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25 Feb 2019 10:51

Angle client demonstrates new use for 'Parsortix' system

(Sharecast News) - Liquid biopsy company Angle said on Monday that one of its leading customers, the Disseminated Cancer Cell Network (DCCNet) in Duesseldorf, has published new results in a peer-reviewed journal of work done to harvest circulating tumor cells (CTCs) from diagnostic leukapheresis (DLA) samples.

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11 Feb 2019 11:35

Angle's 'Parsortix' used in new groundbreaking cancer research

(Sharecast News) - Liquid biopsy company Angle announced on Monday that its 'Parsortix' system had been utilised in further "groundbreaking" cancer research into CTC clusters, reportedly demonstrating that the patient's own immune cells (neutrophils) could actively help the process of metastasis by which the cancer spread.

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31 Jan 2019 12:04

Angle Reports Widened Interim Loss On Higher Operating Costs

LONDON (Alliance News) - Angle PLC on Thursday reported a widened interim loss on an increase operating costs.In the six months to October 31, the tumour cell researcher said its pretax to

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