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Technological update

29 May 2018 07:00

RNS Number : 4362P
Advanced Oncotherapy PLC
29 May 2018
 

ADVANCED ONCOTHERAPY PLC

("Advanced Oncotherapy" or the "Company")

 

Technological update

 

 Successful testing supporting the superior clinical outcomes of LIGHT

 

Advanced Oncotherapy (AIM: AVO), the developer of next-generation proton therapy systems for cancer treatment, provides the following technological update.

 

The LIGHT system has been designed to electronically control the fast delivery of protons to the tumour site. This unique ability provides the opportunity to alter the exact amount of radiation that is given to every part of the tumour in a few micro-seconds. This feature is invaluable for accurate tumour targeting and side-effect minimisation, particularly in the case of moving targets. As part of its testing and regulatory plan, the Company has developed a Time-of-Flight ("TOF") measurement system which measures the speed of the beam; this allows the system to measure the energy of each proton pulse, which is a very important clinical parameter.

 

TOF testing of beam energy control and adjustment has proved to be successful with real-time results demonstrating remarkably good agreement with computer simulations. The accurate evaluation of the beam energy requires measurement of time differences to picosecond precision (a picosecond being the time it takes light to travel one third of a millimetre).

 

In the meantime, the Company continues to make significant progress with power testing of the Side Coupled Drift Tube Linac ("SCDTL") integrated with the Radiofrequency Quadrupole ("RFQ") and proton source. With much of the technological development now de-risked, the Company is on target to have a system capable of treating superficial tumours by the end of Q3 2018.

 

Jonathan Farr, Director of Medical Physics at Advanced Oncotherapy, said: "Proton therapy is a high precision patient treatment. In proton therapy, the beam energy determines the depth of dose deposition in the patient. Because of the protons stopping in the patient's body during treatment, we would like to know the proton beam energy at the instant it is delivered. The new Advanced Oncotherapy Time-of-Flight on-line energy measurement feature gives us the ability to do just that. I consider it to be a real advancement from previous and existing systems on the market and a key building block in offering more versatile treatments with the potential for significantly improved clinical outcomes."

 

 

For further information, please contact:

 

Advanced Oncotherapy Plc

www.avoplc.com

Dr. Michael Sinclair, Executive Chairman

Tel: +44 20 3617 8728

Nicolas Serandour, CEO

Stockdale Securities (Nomad & Joint Broker)

Antonio Bossi / Ed Thomas

Tel: +44 20 7601 6100

Stifel Nicolaus Europe (Joint Broker)

Jonathan Senior / Ben Maddison

Tel: +44 20 7710 7600

Walbrook PR (Financial PR & IR)

Tel: +44 20 7933 8780 or avo@walbrookpr.com

Paul McManus / Anna Dunphy

Mob: +44 7980 541 893 / Mob: +44 7876 741 001

 

About Advanced Oncotherapy Plc www.avoplc.com

Advanced Oncotherapy is a provider of particle therapy with protons that harnesses the best in modern technology. Advanced Oncotherapy's team "ADAM", based in Geneva, focuses on the development of a proprietary proton accelerator called Linac Image Guided Hadron Technology (LIGHT). LIGHT's compact configuration delivers proton beams in a way that facilitates greater precision and electronic control which is not achievable with older technologies.

 

Advanced Oncotherapy will offer healthcare providers affordable systems that will enable them to treat cancer with an innovative technology as well as lower treatment related side effects.

 

Advanced Oncotherapy continually monitors the market for any emerging improvements in delivering proton therapy and actively seeks working relationships with providers of these innovative technologies. Through these relationships, the Company will remain the prime provider of an innovative and cost-effective system for particle therapy with protons.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
11th Oct 201610:54 amRNSHolding(s) in Company
10th Oct 201611:44 amRNSDirectorate Change
30th Sep 20167:45 amRNSSubscription and Proposed Open Offer
30th Sep 20167:00 amRNSHalf-year Report
6th Sep 20167:00 amRNSAppointment of Director of Medical Physics
4th Aug 20165:05 pmRNSHolding(s) in Company
4th Aug 20168:13 amRNSHolding(s) in Company
27th Jul 20167:00 amRNSExercise of warrants
19th Jul 201611:27 amRNSHolding(s) in Company
19th Jul 201611:24 amRNSHolding(s) in Company
12th Jul 20167:00 amRNSDirector/PDMR Shareholding
11th Jul 201610:06 amRNSDirector/PDMR Shareholding
8th Jul 20167:00 amRNSDirector/PDMR Shareholding
7th Jul 20166:01 pmRNSDirector/PDMR Shareholding
30th Jun 20164:19 pmRNSResult of AGM and share consolidation
22nd Jun 20167:00 amRNSAGM Presentation
7th Jun 20167:00 amRNSExercise of options and issue of shares
31st May 20167:00 amRNSFinal Results
26th May 20167:00 amRNS£24m financing secured for Harley Street
12th May 20164:02 pmRNSHolding(s) in Company
3rd May 20169:01 amRNSUpdate on Harley Street
18th Apr 20167:00 amRNSExercise of warrants and issue of shares
29th Mar 20167:00 amRNSUpdate on development milestones
1st Mar 20167:00 amRNSSenior Management Appointments
22nd Feb 20165:02 pmRNSHolding(s) in Company
8th Feb 20167:01 amRNSDirectorate Change
8th Feb 20167:00 amRNSThales industrialisation agreement
4th Feb 201612:35 pmRNSNomad change of name
21st Dec 20157:00 amRNSDirectors' Dealing
18th Dec 20152:42 pmRNSDirector Dealing
17th Dec 20159:40 amRNSDirector Dealing
24th Nov 20158:06 amRNSAppointment of Executive Chairman at ADAM
18th Nov 20157:00 amRNSDisposal of ORL
16th Nov 20157:00 amRNSSuccessful high power testing of CCL modules
21st Oct 20157:00 amRNSSecond commercial sale of proton therapy system
12th Oct 20157:00 amRNSOperator agreement with CircleHealth for Harley St
12th Oct 20157:00 amRNSStatement regarding new cancer centre
22nd Sep 20157:00 amRNSHalf Yearly Report
21st Sep 20153:31 pmRNSNotice of Results
21st Sep 20157:00 amRNSFirst milestone payment for China LIGHT system
3rd Sep 20159:34 amRNSChange of Registered Office & Trading address
24th Aug 20157:00 amRNSCCL modules ready for high-power testing
20th Aug 20157:00 amRNSSinophi agreement with Jilin University
10th Aug 201511:16 amRNSHolding(s) in Company
31st Jul 20157:00 amRNSExercise of warrants and options & issue of shares
29th Jul 20157:00 amRNSExercise of warrants and issue of shares
28th Jul 20157:00 amRNSDelivery of additional CCL unit & Harley St update
20th Jul 20153:10 pmRNSReplacement: Director Dealing and Award of Options
20th Jul 20157:00 amRNSDirector Dealing and Award of Options
14th Jul 20157:00 amRNSExercise of Warrants and Issue of Shares

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