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New Patent Grants

26 May 2015 07:01

RNS Number : 1663O
Angle PLC
26 May 2015
 

For immediate release

 26 May 2015

 

ANGLE plc ("the Company")

 

NEW PATENT GRANTS

 

ANGLE plc (AIM: AGL OTCQX: ANPCY), the specialist medtech company, is pleased to announce that it has been granted a Chinese patent and an Australian patent for its Parsortix system, which captures rare cells in blood for medical analysis.

 

The granted Chinese and Australian patents provide protection over a wide range of uses of the Parsortix technology. Granted patents have already been secured in the United States. Corresponding patent applications have been made worldwide in countries considered to represent substantial markets for Parsortix products.

 

The Company is pursuing a strategy to strengthen the breadth and duration of its patent coverage across major markets worldwide to maximise the commercial returns that can be achieved from its Parsortix technology. New patent applications will continue to be made in all territories consistent with this strategy.

 

 

ANGLE Founder and Chief Executive, Andrew Newland, commented:

"The grant of these patents in China and Australia extends ANGLE's protection over the Parsortix separation technology into major new markets. There is strong and growing interest in both China and Australia for liquid biopsies and we anticipate that following Europe and the United States, these will be important markets for Parsortix."

 

 

 

For further information:

 

ANGLE plc

01483 685830

Andrew Newland, Chief Executive

Ian Griffiths, Finance Director

 

Cenkos Securities

Stephen Keys, Dr Christopher Golden (Nominated adviser)

Russell Kerr, Olly Baxendale (Sales)   

 

020 7397 8900

Buchanan

Mark Court, Sophie Cowles, Jane Glover

020 7466 5000

 

 

 

For Frequently Used Terms, please see the Company's website on http://www.angleplc.com/the-parsortix-system/glossary/

 

 

Notes for editors

 

About ANGLE plc www.angleplc.com

 

ANGLE is a specialist medtech company commercialising a disruptive platform technology that can capture cells circulating in blood, such as cancer cells, even when they are as rare in number as one cell in one billion blood cells, and harvest the cells for analysis.

 

ANGLE's cell separation technology is called the Parsortix system and it enables a liquid biopsy (simple blood test) to be used to provide the cells of interest. Parsortix is the subject of granted patents in the United States, China and Australia and three extensive families of patents are being progressed worldwide. The system is based on a microfluidic device that captures cells based on a combination of their size and compressibility. The Parsortix system is established with strong positive evaluations from leading cancer research centres and is working with these cancer centres to demonstrate key applications. Parsortix has a CE Mark for Europe and FDA authorisation is in process for the United States.

 

The analysis of the cells that can be harvested from patient blood with ANGLE's Parsortix system has the potential to help deliver personalised cancer care offering profound improvements in clinical and health economic outcomes in the treatment and diagnosis of various forms of cancer.

 

The global increase in cancer to a 1 in 3 lifetime incidence is set to drive a multi $billion clinical market. The Parsortix system is designed to be compatible with existing major medtech analytical platforms and to act as a companion diagnostic for major pharma in helping to identify patients that will benefit from a particular drug and then monitoring the drug's effectiveness.

 

Now that the Parsortix system has been developed, ANGLE is focused on its commercialisation in the market.

 

ANGLE has established formal collaborations with world-class cancer centres and is working with these cancer centres to demonstrate key applications for its Parsortix non-invasive cancer diagnostic system as a liquid biopsy. Details are available here http://www.angleplc.com/the-company/collaborators/

 

As well as cancer, the Parsortix technology has the potential for deployment with several other important cell types in the future.

 

ANGLE began trading on the AIM market of the London Stock Exchange in March 2004 under the ticker symbol AGL. For further information please visit: www.angleplc.com.

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Date   Source Headline
27th Aug 20081:05 pmRNSRule 8.3- Angle Plc
22nd Aug 200812:13 pmRNSRule 8.3- Angle Plc
21st Aug 20088:40 amRNSStatement re: Angle Plc
4th Aug 20087:00 amRNSProvexis Fundraising
29th Jul 200811:39 amRNSRule 8.3- Angle Plc
23rd Jul 20082:13 pmRNSRule 8.3- Angle Plc
18th Jul 20085:19 pmRNSRule 2.10 Announcement
18th Jul 20083:09 pmRNSResponse RE Angle Offer
18th Jul 20087:00 amRNSStatement re possible offer
11th Jul 20081:05 pmRNSStatement re. announcement
11th Jul 20088:10 amRNSOffer Update
10th Jul 20087:00 amRNSParsortix world break-through
10th Jul 20087:00 amRNSAguru Images sales
10th Jul 20087:00 amRNSContract Win
10th Jul 20087:00 amRNSPreliminary Results
19th Jun 200811:37 amRNSRule 8.3- Angle Plc
10th Jun 200812:27 pmRNSRule 8.3- Angle Plc
5th Jun 20081:07 pmRNSRule 8.3- Angle Plc
23rd May 200811:50 amRNSRule 8.3- Angle Plc
13th May 200811:57 amRNSRule 8.3- Angle Plc
13th May 200811:57 amRNSRule 8.3- Angle Plc
12th May 20081:20 pmRNSRule 8.3-Angle Plc
9th May 200810:00 amRNSPre-close update
25th Apr 20082:42 pmRNSRule 8.3- Angle Plc
7th Apr 20087:01 amRNSStatement re possible offer
20th Mar 20084:48 pmRNSDirector/PDMR Shareholding
14th Feb 20087:01 amRNSSoftware Development
6th Feb 20087:01 amRNSContract Win
5th Feb 20085:33 pmRNSStatement re. Possible Offer
31st Jan 200811:56 amRNSStatement re Possible Offer
31st Jan 20087:01 amRNSInterim Results
25th Jan 200810:39 amRNSHolding(s) in Company
17th Jan 20087:00 amRNSNotice of Results
13th Nov 20077:01 amRNSPre-close Update
7th Nov 200711:30 amRNSHolding(s) in Company
20th Sep 20073:13 pmRNSResult of AGM
20th Sep 20077:01 amRNSAGM Statement
20th Aug 200710:33 amRNSAIM Rule 26
5th Jul 20077:01 amRNSGeomerics Fundraising
5th Jul 20077:01 amRNSPreliminary Results
27th Jun 20077:01 amRNSContract Win
7th Jun 20077:01 amRNSNotice of Results
1st May 20077:03 amRNSTrading Update
5th Apr 20073:39 pmRNSDirector/PDMR Shareholding
20th Mar 20071:40 pmRNSDirector/PDMR Shareholding
14th Feb 20072:21 pmRNSTrade Sales
2nd Feb 200711:16 amRNSHolding(s) in Company
31st Jan 20077:02 amRNSCommercial Sale
31st Jan 20077:02 amRNSNovocellus Update
31st Jan 20077:02 amRNSSenior Appointment

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