focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAngle Share News (AGL)

Share Price Information for Angle (AGL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 20.50
Bid: 20.00
Ask: 21.00
Change: -2.00 (-8.89%)
Spread: 1.00 (5.00%)
Open: 22.50
High: 23.50
Low: 20.50
Prev. Close: 22.50
AGL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Angle's Parsortix Successfully Investigates Immunotherapy Target

Fri, 21st Jun 2019 12:56

(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 3.5% at 58.68 pence in mid day trade.

University Medical Centre Hamburg-Eppendorf has published results showing Angle's liquid biopsy system, Parsortix, can be used to investigate the PD-L1 status of a patient with non small cell lung cancer. A head-to-head study showed Parsortix could detect circulating tumour cells in almost twice as many patients as its leading competitor.

PD-L1 or programmed death-ligand 1 is currently a target for immunotherapy in cancer. The presence of PD-L1 on the surface of a cancer cell suppresses the immune system and prevents it from attacking that cell and so there are currently drugs in development which seek to target PD-L1.

Immunotherapy drugs can cost around USD150,000 per patient per year, however, so finding out whether a patient's cancer even expresses PD-L1 is considered important and also stops patients who won't benefit from receiving unnecessary drugs. At present, only 20% to 30% of patients respond.

Rather than a traditional biopsy in which a tissue sample is taken, Parsortix uses only a blood test and then separates the tumour cells from the blood for analysis. This is of particular benefit in lung cancer, where as many as 24% of patients will experience complications from a traditional biopsies.

Angle Founder & Chief Executive Andrew Newland said: "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. The Parsortix system addresses key shortcomings in alternative approaches offering the potential for routine liquid biopsies through a simple blood test."

More News

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.