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Share Price: 20.80
Bid: 19.00
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Change: -4.80 (-19.59%)
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Open: 22.60
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Oncimmune Says Lung Cancer Blood Test Outperforms Risk Calculator

Tue, 25th Sep 2018 17:21

LONDON (Alliance News) - Pharma company Oncimmune Holdings PLC on Tuesday said its lung cancer blood test, EarlyCDT-Lung, has proven to be more effective than a standard risk calculator.

EarlyCDT-Lung produced a positive predictive value of 91%, this compares with a 48% positive predictive value for the standard lung cancer risk calculator.

A positive predictive value is the probability that a patient with a positive test result actually has the disease.

Moreover, only 9% patients with benign forms of the disease underwent unnecessary lung resection surgery when given the EarlyCDT-Lung test, compared to between 20% and 25% in screening trials.

"This data confirms the high specificity of the EarlyCDT-Lung blood test, which can potentially detect lung cancer four years or more, on average, before diagnosis via standard care pathways," said Oncimmune US Chief Medical Officer James Jett.

"A positive test result provides new, independent data to inform clinicians' decision-making, allowing them to 'rule-in' lung cancer and intervene earlier, while also leading to a lower resection rate for benign disease," Jett added.

Shares in Oncimmune closed down 0.8% at 128.02 pence on Tuesday.

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CORRECT (Sep 20): Oncimmune Secures EUR8.5 Million Credit Facility

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Oncimmune funded into 2021 with new EUR 8.5m facility

(Sharecast News) - Immunodiagnostics company Oncimmune Holdings has secured a credit facility of €8.5m (£7.5m) with IPF Management, it announced on Friday.

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20 Sep 2019 14:04

Oncimmune Secures EUR8.5 Billion Debt For Products Commercialisation

(Alliance News) - Oncimmune Holdings PLC on Friday said it has secured a credit facility of EUR8.5 million with IPF Management SA.The immunodiagnostics company said it will immediately draw

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9 Sep 2019 12:07

Oncimmune "Thrilled" With EarlyCDT Lung Cancer Test Trial Result

(Alliance News) - Oncimmune Holdings PLC on Monday announced positive results from a trial of its EarlyCDT Lung test to detect early stage lung cancer.Shares in Oncimmune were up 5.5% at in

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15 Jul 2019 12:55

Oncimmune Further Expands EarlyCDT Lung Sales In Spain Through Vithas

(Alliance News) - Oncimmune Holdings PLC on Monday said Sabartech SL, its existing distributor in Spain and Portugal, has agreed with Vithas Group to sell EarlyCDT Lung as a screening test for of

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28 Jun 2019 11:03

Oncimmune sells US operations to and partners with Biodesix

(Sharecast News) - Immunodiagnostics company Oncimmune Holdings has entered into an exclusive partnership agreement, it announced on Friday, which it said could "unlock the full potential" of its 'EarlyCDT Lung' product in the United States.

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26 Jun 2019 10:58

Oncimmune confident of 'material profitable revenues'

(Sharecast News) - Immunodiagnostics firm Oncimmune told investors on Wednesday it was confident it could generate "material profitable revenues" on the back of several business developments.

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4 Jun 2019 09:56

Oncimmune Holdings Reports Positive Lung Cancer Study Results

LONDON (Alliance News) - Oncimmune Holdings PLC on Tuesday reported positive top line results from its early cancer detection test in patients with lung cancer.Oncimmune Holdings shares at

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