Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Angle's Parsortix Could Be Used To Pick MET Inhibitor Trial Subjects

Tue, 12th May 2020 18:54

(Alliance News) - Angle PLC on Tuesday said there is potential for its Parsortix system to be used in cancer drug trials of MET inhibitors and in the identification of patients likely to respond to such inhibitors.

The Liquid Biopsy Analysis Unit at the Health Research Institute of Santiago, Spain has published results in non small cell lung cancer and head and neck cancer which looked at the possible use of a liquid biopsy-based strategy in assessing MET alterations on circulating tumour cells. Liquid biopsies look for cancer cells in the blood rather than at the tumour site.

Angle explained that: "MET alterations in cancer patients may provide a biomarker to evaluate which patients will benefit from treatment with a new class of drug called MET inhibitors."

Angle noted that liquid biopsies in head and neck cancer patients using its Parsortix system showed a significant association between the presence of MET positive circulating tumour cells and poorer overall survival.

"This research suggests that there is potential for the Parsortix system to be used as part of a biomarker approach in cancer drug trials of MET inhibitors, and then potentially as a companion diagnostic to identify patients likely to respond to the MET inhibitor drugs," said Angle.

Andrew Newland, chief executive of Angle, said: "The analysis of MET status on [circulating tumour cells] using Parsortix is a new and promising area of investigation for cancer treatment. This research further demonstrates Parsortix's applicability and we will now consider how we can add it to our sample-to-answer imaging solutions for use in pharma services cancer drug trials."

Angle's shares ended 1.9% lower at 65.70 pence in London on Tuesday.

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
21 Jun 2024 10:52

IN BRIEF: Angle says open offer raises proceeds of GBP500,000

Angle PLC - Guildford, England-based liquid biopsy company - Receives valid applications for a total of 3.6 million open offer shares from qualifying ...

5 Jun 2024 16:32

EARNINGS AND TRADING: STV sees advertising upturn; Angle loss narrows

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately repor...

5 Jun 2024 10:08

Angle unveils plans to raise more than £10m

(Sharecast News) - Liquid biopsy specialist Angle is to raise more than £10m to support future growth, the UK company announced on Wednesday.

16 May 2024 20:09

TRADING UPDATES: Bens Creek considers administration; Nexxen inks deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

16 May 2024 11:46

Angle reports promising results from Parsortix study

(Sharecast News) - Angle, the AIM-listed liquid biopsy company which specialises in circulating tumour cell (CTC) solutions, has announced the results...

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.