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Share Price: 18.75
Bid: 18.00
Ask: 19.50
Change: 0.25 (1.35%)
Spread: 1.50 (8.333%)
Open: 18.50
High: 19.50
Low: 17.75
Prev. Close: 18.50
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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."

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23 Jul 2014 09:56

ANGLE Makes Further Progress On Parsortix As Losses Widen

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22 Jul 2014 09:59

ANGLE Sees Positive Evaluation Of Parsortix System

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8 Apr 2014 10:43

ANGLE Seeks To Strengthen Parsortix IP With Further Applications

LONDON (Alliance News) - Specialist medical technology company ANGLE PLC said Tuesday that it has taken steps to strengthen its intellectual property covering its Parsortix system. The company has filed claims covering new applications for the Parsortix system, including harvesting blood ce

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17 Mar 2014 10:34

ANGLE Applies For In Vitro Approval For Parsortix In US

LONDON (Alliance News) - ANGLE PLC said Monday it has made a submission to the United States Food and Drug Administration for the authorisation of the sale of its Parsortix cell separation system as an in vitro diagnostic device in the United States. The specialist meditech firm has applied

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24 Feb 2014 10:47

Angle Shares Up On Positive Test Results Using Parsortix

LONDON (Alliance News) - Shares in ANGLE PLC rose 6.7% Monday after it saw positive results using its Parsortix system to analyse Circulating Tumour Cells in the blood of metastatic liver cancer patients. The test, undertaken by Hari Nageswaran at the University of Surrey's Oncology departm

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18 Feb 2014 12:41

UK MIDDAY BRIEFING: Inflation Below Target For First Time In 4 Years

LONDON (Alliance News) - The UK's inflation rate has fallen below the Bank of England's 2% target for the first time in more than four years Tuesday, a decrease that will support governor Mark Carney's recent prediction that the bank's interest rate won't rise for some time to come.

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18 Feb 2014 11:50

UK WINNERS & LOSERS: Randgold, Goldstone Fall As Drilling Results Disappoint

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS BHP Billiton, up 1.2%. The Anglo-Australian mining giant has reported an 83% increase in profit for the first half of fiscal

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18 Feb 2014 09:30

ANGLE To Launch Parsortix At Berlin Medical Conference Wednesday

LONDON (Alliance News) - Shares in ANGLE PLC were on the rise Tuesday morning, after the specialist med-tech company said it will launch its Parsortix non-invasive cancer diagnostic system at a science and medical researcher conference in Berlin on Wednesday. ANGLE's pretax loss widened in

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30 Jan 2014 11:28

ANGLE Focused On Market Adoption For Parsortix As Loss Widens

LONDON (Alliance News) - ANGLE PLC said Thursday that it was focused on establishing widespread market adoption for its Parsortix cell separation system following marketing authorisation in Europe, as its pretax loss widened in the half-year ended October 31. Parsortix is a cell separation

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30 Jan 2014 08:33

UK MORNING BRIEFING: BSkyB Up, Diageo Down Amid Lower Open

LONDON (Alliance News) - UK shares have opened lower Thursday, following the decision of the US Federal Reserve to continue tapering its asset purchases.

A large number of UK company reports at the open have seen a positive statement from BSkyB, up 2.4% at the open,

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7 Jan 2014 08:40

ANGLE Appoints Scientific Adviser

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17 Dec 2013 11:53

Angle wins EU authorisation for Parsortix

Medical diagnostic device maker Angle has won European approval for a system used in the diagnosis and treatment of cancer patients. Angle said regulators had authorized its Parsortix cell separation system for use as an in-vitro diagnostic device in the EU. The system uses blood analysis to diagn

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13 Dec 2013 11:41

ANGLE sells Geomerics business to ARM Holdings

Specialist medtech company ANGLE has raised 6.2m pounds after realising its investment in graphics technology developer Geomerics, which it sold to ARM Holdings. The group said the additional financial resources will be used within its Parsortix non-invasive cancer diagnostics business, enabling i

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13 May 2013 14:34

Angle shares jump on cell harvesting update

Shares in Angle, a specialist medtech company, leapt 20 per cent on Monday after the group said it has extended the operational capability of its Parsortix non-invasive cancer diagnostic product by automating its cell harvesting function. Harvesting is where captured tumour cells are recovered from

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28 Feb 2013 13:36

Angle initiates launch of cancer diagnostic product for market research

Angle, an AIM-listed specialist medtech company, has initiated the launch of its Parsortix non-invasive cancer diagnostic product for the research market. The product is based on taking a blood test, and the system either counts circulating tumour cells (CTCs) in the blood or captures and recovers

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