18 Dec 2012 07:00

For immediate release  | 18 December 2012 |
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ANGLE plc
("ANGLE" or "the Company")
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PARSORTIX SEPARATION SYSTEM RELEASED TO RESEARCH PARTNERS
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ANGLE plc (AIM: AGL), the specialist medtech company, is pleased to announce that it has released its Parsortix non-invasive cancer diagnostic product to its research partners.
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ANGLE's patent-protected Parsortix technology enables the simple and effective capture and counting of very rare circulating tumour cells (CTCs) from cancer patient blood ("blood separations").
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ANGLE's Parsortix system comprises an automated machine for running blood separations (the "MK1 machine") and a separation cassette (the "GEN3 cassette"), which is a consumable running on the MK1 machine.
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ANGLE has established long term partnership arrangements with two research partners:
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·; the Cancer Research UK-funded Paterson Institute for Cancer Research, The University of Manchester's world-leading cancer research institute; and
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·; the University of Surrey's Oncology Department, which works alongside the Royal Surrey Hospital and is a leading UK cancer research centre.
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ANGLE has now developed the protocols for the Parsortix MK1 machine and GEN3 cassette for the capture of low numbers of cancer cells from whole blood.
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Following intensive in-house evaluation, ANGLE is now releasing the Parsortix system to its research partners with delivery of the system anticipated later this week.
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The main areas of focus for the first stage of the research partners' work will include:
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·; further development of the staining / cell identification protocols to mark the captured cells definitively as cancer cells in the GEN3 cassette;
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·; testing of the system with cancer patient blood to provide independent confirmation of the performance of the Parsortix device.
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Following confirmation from our research partners that the system is working successfully, we expect to be able to release a product for research purposes for sale early in the New Year.
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ANGLE's Founder and Chief Executive, Andrew Newland, commented:
"Release of the Parsortix system to our research partners is a major step towards our objective of getting a Parsortix product in the market as soon as possible."
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For further information:
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ANGLE plc | 01483 685830 |
Andrew Newland, Chief Executive Ian Griffiths, Finance Director  | |
Cenkos Securities Stephen Keys, Adrian Hargrave (Nominated adviser) Andy Roberts, Christian Hobart (Sales) Â | 020 7397 8900 |
Buchanan Mark Court, Fiona Henson, Sophie Cowles  | 020 7466 5000 |
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