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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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MSCAPMPTMBJTBTP
Date   Source Headline
8th Jul 201511:41 amRNSHolding(s) in Company
2nd Jul 20157:00 amRNSCommencement of initial SCDTL testing
1st Jul 20152:08 pmRNSDirector Dealing & Total Voting Rights
29th Jun 201511:08 amRNSResult of AGM
8th Jun 20157:00 amRNSDirector/PDMR Shareholding
4th Jun 20157:00 amRNSDirector/PDMR Shareholding
3rd Jun 20157:00 amRNSFinal Results
26th May 20152:38 pmRNSHolding(s) in Company
20th May 201512:20 pmRNSNotice of Results
19th May 20157:00 amRNSSuccessful RF power testing of the first CCL unit
15th May 20157:00 amRNSExercise of Warrants
11th May 201511:27 amRNSHolding(s) in Company
1st May 20157:00 amRNSPlacing
27th Apr 20157:00 amRNSExercise of Warrants
20th Apr 20157:00 amRNSStmnt re Share Price Movement
9th Apr 20155:42 pmRNSHolding(s) in Company
8th Apr 20157:00 amRNSExercise of Warrants
2nd Apr 201512:48 pmRNSUpdate on ScandiNova collaboration
25th Mar 20157:00 amRNSFirst commercial sale of LIGHT machine in China
12th Mar 20157:00 amRNSLoan agreement
2nd Mar 20157:00 amRNSSale of Southampton property
19th Feb 20157:00 amRNSExercise of warrants and conversion of debt
5th Feb 20157:00 amRNSDirector/PDMR Shareholding
4th Feb 20158:52 amRNSCorrection - Director/PDMR Shareholding
4th Feb 20157:00 amRNSDirector/PDMR Shareholding
28th Jan 20157:00 amRNSLondon Harley Street Proton Therapy Centre
26th Jan 20157:00 amRNSManufacturing of CCL module complete
20th Jan 20157:00 amRNSEstablishment of CERN Scientific Review Board
12th Jan 20157:00 amRNSSupply agreement with Pyramid
2nd Dec 20147:00 amRNSExclusivity agreement signed
25th Nov 20147:00 amRNSManufacturing Agreement for CCL
18th Nov 20147:00 amRNSInvestor Presentation
4th Nov 20142:54 pmRNSHolding(s) in Company
30th Oct 20147:00 amRNSInvestor Presentation
27th Oct 20147:00 amRNSJoint MOU with TECHNA Institute and TERA
20th Oct 20146:29 pmRNSCorrection: Director Dealing
20th Oct 201410:17 amRNSDirector Dealing
17th Oct 20147:00 amRNSConversion of Loans
9th Oct 20147:00 amRNSDirectorate Change
3rd Oct 20145:51 pmRNSHolding(s) in Company
3rd Oct 20147:00 amRNSDirector share purchase & Issue of Equity
1st Oct 20142:21 pmRNSAward of Options and Director Dealing
29th Sep 20147:00 amRNSHalf Yearly Report
25th Sep 20144:00 pmRNSExercise of Warrants
18th Sep 20143:17 pmRNSHolding(s) in Company
10th Sep 20147:00 amRNSIssue of Equity
4th Sep 201410:26 amRNSHolding(s) in Company
27th Aug 20147:00 amRNSAppointment of Nicolas Serandour
14th Aug 20147:00 amRNSStrategic Partnership with Toshiba
8th Aug 20147:00 amRNSIssue of Equity and Warrants and director deal

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