Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGenedrive Regulatory News (GDR)

Share Price Information for Genedrive (GDR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.625
Bid: 4.50
Ask: 4.75
Change: -0.475 (-9.74%)
Spread: 0.25 (5.556%)
Open: 4.875
High: 4.40
Low: 4.40
Prev. Close: 4.875
GDR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Antibiotic Induced Hearing Loss Assay CE marking

18 Nov 2019 07:00

RNS Number : 6579T
Genedrive PLC
18 November 2019
 

 

genedrive plc

("genedrive" or the "Company")

 

Antibiotic Induced Hearing Loss Assay receives CE marking

genedrive's genetic screening test could prevent thousands of infants from needlessly going deaf

 

genedrive plc (LSE: GDR), the near patient molecular diagnostics company, announces that its Antibiotic Induced Hearing Loss test, the Genedrive® MT-RNR1 ID kit, has obtained CE marking. The Genedrive® MT-RNR1 ID kit will be used in critical care settings to screen babies for a genetic mutation, which if present, can cause lifelong deafness when they are given certain antibiotics.

 

genedrive's RNR1 test is believed to be the first example of a commercial genetic screening test designed for use in an infant emergency care environment. Some infants are born with a mutation in their MT-RNR1 gene, making them susceptible to lifelong, profound hearing loss if given the frontline antibiotic gentamicin. Infants with suspected infection need to be treated with antibiotics within one hour (National Institute for Health and Care Excellence) of arriving in a neonatal intensive care unit. The current genetic tests that check the risk of hearing loss associated with gentamicin treatment are done from a hospital's centralised Genetics Department, and typically take 3-5 days to return results. This does not meet the one hour requirement of an urgent care setting. The Genedrive test allows patients to be screened for the mutation upon admission in less than 30 minutes, and those that are found to have the gene mutation can be prescribed an alternative, safer treatment.

 

David Budd, Chief Executive Officer of genedrive plc, said: "We are very pleased to have achieved this important milestone, pioneering the availability of the first genetic acute care test for infants. CE marking of our RNR1 test allows for the next phase, with implementation evaluation by our NHS partners in Manchester and Liverpool. At the same time, we will look to the opportunities outside of the UK where CE marking gives us market entry."

 

Professor William Newman, Clinical Head of Division in Genomic Medicine Manchester University NHS Foundation Trust, commented: "We have been very pleased to partner with genedrive in the development and availability on the antibiotic induced hearing loss test. We are planning to deploy use of the test across Manchester and Liverpool for the next 6-8 months, to show how it can be successfully implemented in an NHS environment. There is a huge level of enthusiasm on the sites amongst our neonatal consultants, nursing staff, and patient groups as we launch a truly novel genetic test that offers the possibility of improving the lives of thousands of babies and their families."

 

For further details please contact:

 

genedrive plc

www.genedriveplc.com

David Budd: CEO / Matthew Fowler: CFO

+44 (0)161 989 0245

Peel Hunt LLP

+44 (0)20 7418 8900

James Steel / Oliver Jackson

Stanford Capital Partners Limited

+44 (0)20 3815 8880

Patrick Claridge / John Howes

Walbrook PR Ltd (Media Relations & Investor Relations)

+44 (0)20 7933 8780 or genedrive@walbrookpr.com

Paul McManus / Anna Dunphy

+44 (0)7980 541 893 / +44 (0)7876 741 001

 

 

 

 

Notes to Editors

 

About genedrive plc

genedrive plc is a molecular diagnostics company developing and commercialising a low cost, rapid, versatile, simple to use and robust point of need molecular diagnostics platform for the diagnosis of infectious diseases and for use in patient stratification (genotyping), pathogen detection and other indications. The Genedrive® mt-RNR1-ID kit has received CE-IVD Certification and will be launched into Europe and other markets following full evaluation by the UK National Health Service. The Company has assays on market for the detection of HCV, certain military biological targets, and has tests in development for tuberculosis (mTB).

 

About Antibiotic Induced Hearing Loss

 

Aminoglycosides are broad-spectrum antibiotics, and are one of the most frequently prescribed medicines globally, used in cases of gram-negative sepsis, pseudomonas colonisation and treatment of multi-drug resistant tuberculosis.

 

The National Institute for Health and Care Excellence (NICE) advises the use intravenous benzylpenicillin with gentamicin as the first-choice antibiotic regimen for empirical treatment of suspected infection in the neonatal period (NICE CG149). This combination has the major advantage of having a narrow spectrum of activity and lower risk of antibiotic resistance compared to alternative antibiotic regimens.

 

The side effect profile from protracted courses of aminoglycosides is well known, with ototoxicity commonly recognised in some patients. Antibiotic Induced Hearing Loss clusters within families, and is caused by a mutation in the 12S rRNA (RNR1) m.1555A>G. The incidence is estimated at about 1 in 500. In the UK, 90000 babies are admitted to NICU units each year, and 80-85% of them receive gentamycin.

 

It has previously been observed that genetic testing should be used in children requiring aminoglycosides to prevent hearing loss and that this approach would be cost-effective when balanced against the costs of lifelong deafness and the cost of bilateral Cochlear implants. However, prior to the Genedrive test, no system has existed that could meet this need in a critical care environment.

 

 

Further details can be found at: www.genedriveplc.com and www.genedrive.com.

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.
 
END
 
 
MSCUBSARKWAAAAA
Date   Source Headline
8th Dec 20212:05 pmRNSSecond Price Monitoring Extn
8th Dec 20212:00 pmRNSPrice Monitoring Extension
8th Dec 202112:31 pmRNSCE-IVD certification for Point-of-Care kit
7th Dec 20219:00 amRNSPrice Monitoring Extension
7th Dec 20217:00 amRNSHolding(s) in Company
6th Dec 20214:43 pmRNSAdditional Listing of Shares
6th Dec 20212:05 pmRNSSecond Price Monitoring Extn
6th Dec 20212:00 pmRNSPrice Monitoring Extension
2nd Dec 20219:44 amRNSGrant of options
2nd Dec 20219:05 amRNSSecond Price Monitoring Extn
2nd Dec 20219:00 amRNSPrice Monitoring Extension
30th Nov 202111:05 amRNSSecond Price Monitoring Extn
30th Nov 202111:00 amRNSPrice Monitoring Extension
29th Nov 20214:41 pmRNSSecond Price Monitoring Extn
29th Nov 20214:36 pmRNSPrice Monitoring Extension
29th Nov 20212:06 pmRNSSecond Price Monitoring Extn
29th Nov 20212:01 pmRNSPrice Monitoring Extension
29th Nov 202110:32 amRNSBlock listing Interim Review
29th Nov 20217:00 amRNSPOC kit submitted for CE-IVD certification
26th Nov 20214:41 pmRNSSecond Price Monitoring Extn
26th Nov 20214:36 pmRNSPrice Monitoring Extension
17th Nov 20217:00 amRNSAnnual Report and Accounts and notice of AGM
16th Nov 20217:00 amRNSDirectorate Change
9th Nov 20217:00 amRNSFinal Results
28th Oct 20213:40 pmRNSNotice of Results
11th Oct 20217:00 amRNSDirector's shareholding
30th Sep 20211:00 pmRNSResult of General Meeting
29th Sep 20217:00 amRNSResult of Open Offer
29th Sep 20217:00 amRNSNew Genedrive System receives CE-IVD marking
14th Sep 20217:00 amRNSPublication of Circular and Notice of GM
10th Sep 20215:03 pmRNSResult of Placing
10th Sep 20214:40 pmRNSSecond Price Monitoring Extn
10th Sep 20214:35 pmRNSPrice Monitoring Extension
10th Sep 20212:01 pmRNSProposed Placing and Open Offer
31st Aug 20217:00 amRNSNew Genedrive system readied for AIHL launch
1st Jul 20217:00 amRNSGenedrive COVID-19 Point of Care device update
25th Jun 20214:40 pmRNSSecond Price Monitoring Extn
25th Jun 20214:35 pmRNSPrice Monitoring Extension
25th Jun 20211:17 pmRNSGenedrive confirms receipt of India Import License
25th Jun 202111:05 amRNSSecond Price Monitoring Extn
25th Jun 202111:00 amRNSPrice Monitoring Extension
22nd Jun 202111:05 amRNSSecond Price Monitoring Extn
22nd Jun 202111:00 amRNSPrice Monitoring Extension
28th May 20216:00 pmRNSBlock listing Interim Review
28th May 20214:40 pmRNSSecond Price Monitoring Extn
28th May 20214:35 pmRNSPrice Monitoring Extension
6th May 20212:05 pmRNSSecond Price Monitoring Extn
6th May 20212:00 pmRNSPrice Monitoring Extension
30th Apr 20217:00 amRNSCOVID-19 PCR test approved by Indian regulator
23rd Apr 20217:00 amRNSExcellent performance data for Genedrive® HCV test

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.