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Share Price Information for Proteome (PRM)

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Share Price: 4.16
Bid: 3.52
Ask: 4.80
Change: 0.16 (4.00%)
Spread: 1.28 (36.364%)
Open: 4.00
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Proteome rockets on Alzheimer's blood test

Wed, 28th Mar 2012 10:46

Pharma group Proteome Sciences has had a strong morning on the markets after announcing success in its project to develop better diagnostic tools for Alzheimer's disease.A study of 1,000 patients has shown three distinct "biomarkers" in people's blood which can discriminate between mild "cognitive impairment" (a syndrome often preceding Alzheimer's), Alzheimer's itself and control groups who do not have the condition.Proteome Sciences is filing patents for the "panels" in the blood that contain the biomarkers.It is estimated that 60% of people with Alzheimer's disease have not been properly diagnosed and therefore are not being given the correct drugs and care. The capability to distinguish between different levels of the disease will enable drug developers to improve patient care and people with mild symptoms are likely to benefit the most from new disease-modifying drugs.The key is that Proteome may be able to develop a simple blood test to determine progression of Alzheimer's as opposed to the current diagnostic methods of invasive lumbar punctures or expensive MRI scans.Presenting the data at a conference in Melbourne, Australia, Professor Simon Lovestone, who has worked with Proteome for the National Institute for Health Research said: "As new treatments for Alzheimer's disease are being developed, there is an increasing need for accurate and accessible markers of disease severity and progression. We will move quickly to support the development of clinical tests based on these biomarker panels."Shares in Proteome had risen 8.85% by 11:08. BS
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2 Jul 2020 17:54

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26 Jun 2020 14:52

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UK Shareholder Meetings Calendar - Next 7 Days

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22 Apr 2020 16:03

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14 Apr 2020 14:30

Proteome Sciences 2019 Loss Narrows On Revenue Jump

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30 Mar 2020 14:36

UK TRADING UPDATE SUMMARY: Kier To Reduce Salary For 6,500 Employees

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3 Mar 2020 15:41

DIRECTOR DEALINGS SUMMARY: TalkTalk Executive Chair Spends GBP400,000

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11 Feb 2020 10:07

Proteome Sciences Raise 2019 Earnings Guidance After Boost In Sales

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11 Feb 2020 08:10

Proteome Sciences posts stronger-than-expected Q4 sales

(Sharecast News) - Contract proteomics services provider Proteome Sciences said on Tuesday that it had recorded stronger-than-expected sales of TMT and TMTpro in the fourth quarter of 2019.

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21 Jan 2020 11:18

Proteome Sciences Expects Narrowed Annual Loss On Revenue Growth

Proteome Sciences Expects Narrowed Annual Loss On Revenue Growth

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31 Oct 2019 15:45

Proteome Sciences shares rocket after strong third quarter

(Sharecast News) - Proteome Sciences announced on Thursday that its services platform had continued to strengthen through the third quarter, during which a record number of 43 quotes for new business were issued.

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31 Oct 2019 14:46

Proteome Says Services Platform Continues To Grow As CEO Departs

Proteome Says Services Platform Continues To Grow As CEO Departs

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23 Oct 2019 10:48

Scancell Hires Former Genkyotex Boss Ursula Ney As Non-Executive

Scancell Hires Former Genkyotex Boss Ursula Ney As Non-Executive

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25 Jul 2019 12:33

Proteome Hails "Encouraging" Interim Progress As Loss Improves

(Alliance News) - Life sciences firm Proteome Sciences PLC said Thursday momentum continued to build in the first half of 2019, with losses improving after revenue jumped and costs fell.For

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30 Apr 2019 17:25

Proteome Sciences Upbeat On Future After "Good" First Quarter

LONDON (Alliance News) - Proteome Sciences PLC, at its annual general meeting on Tuesday, said it experienced a "good" first quarter."As indicated in our recent results, we a

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