Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGenedrive Regulatory News (GDR)

Share Price Information for Genedrive (GDR)

Share Price is delayed by 15 minutes
Get Live Data
1.25    -0.075 (-5.66%)
Bid:
1.20
Ask:
1.30
Spread: 0.10 (8.333%)
Market Cap: £20.07m
GDR Live PriceLast checked at - London Stock Exchange

Intraday Genedrive Share Chart

Genedrive® CYP2C19-ID Kit performance published

27 Dec 2024 07:00

RNS Number : 3526R
Genedrive PLC
27 December 2024
ย 

genedrive plc

("genedrive" or the "Company")

ย 

Genedriveยฎ CYP2C19-ID Kit clinical performance published

Superior performance to laboratory test and alternative available point of care platforms

ย 

genedrive plc (AIM: GDR), the point of care pharmacogenetic testing company, announces that the clinical performance of its CYP2C19-ID Kit has been published in the Journal of Molecular Biology. The publication is available at https://www.jmdjournal.org/article/S1525-1578(24)00312-X/fulltext.

ย 

Background to the Genedriveยฎ CYP2C19 test

The Genedriveยฎ CYP2C19 ID point of care genetic test is UK Conformity Assessed ("UKCA") certified and is recommended by The National Institute for Health and Care Excellence ("NICE") as the Point of Care ("PoC") test of choice for use in the NHS for CYP2C19 genotype guided prescribing of Clopidogrel in Ischaemic stroke (IS) and Transient Ischaemic Attack (TIA). It uses a single, non-invasive cheek swab sample, and rapidly identifies several important genetic variants of the CYP2C19 gene (Loss Of Function ("LOF")), which are instrumental in an individual's response to the antiplatelet drug clopidogrel which can be prescribed in Ischemic Stroke ("IS") and Transient Ischaemic Attack ("TIA"). Some of these important LOF variants are more prevalent in specific ethnic groups and are not included in targets in any other point of care CYP2C19 genotyping platform. The test reports CYP2C19 DNA variant information to the clinician and allows for prompt consideration of an alternative treatment plan for the circa 30% of individuals carrying CYP2C19 DNA variants which result in them being less likely to respond to clopidogrel.

ย 

Study Results

In the clinical study, CYP2C19 DNA variants in patients presenting in the acute emergency care setting were tested with the Genedriveยฎ CYP2C19-ID test and results compared with those obtained by reference laboratory platform testing, with testing on a separate laboratory platform in instances where there was disagreement in test results.

In summary, in a cohort of 202 patients, in addition to being substantially less expensive than the laboratory platform, the Genedriveยฎ CYP2C19 ID Kit outperformed laboratory testing with respect to (1) speed to result, (2) accuracy of LOF identification and (3) test fail rate. Sensitivity and specificity of the CYP2C19 ID Kit was 100%, with failure rate of 0.98% (three times lower than laboratory testing). In addition, the laboratory test platform returned incorrect results for eight samples (4%). Importantly, the Genedriveยฎ CYP2C19 ID Kit identified seven patients harbouring LOF variants that would not have been detected using an alternative POC CYP2C19 genotyping platform which focuses on two specific LOF variants compared to five targeted by the Genedriveยฎ test, or laboratory genotyping methods which also focus on these two LOF variants. Requirement for freezer storage of reagents of this alternative platform is also an implementation barrier in acute clinical settings that the Genedriveยฎ technology circumvents.

ย 

This study confirms "that the Genedriveยฎ System is able to provide an accurate, rapid, non-invasive alternative to standard laboratory testing and can be used as a point of care test in the clinical environment."

ย 

Gino Miele, CEO of genedrive plc, said: "We are delighted with the clinical performance of our CYP2C19 ID Kit reported in this publication. With recommendation by NICE as the PoC test of choice for CYP2C19 genotyping in IS/TIA in NHS England, dominant health economic modelling by NICE, positive value assessment by the Scottish Health Technology Group, together with this study evidencing superior performance compared to laboratory testing and by extrapolation our nearest competitor product, we are well positioned to capitalise on the emerging clinical pharmacogenetics area of point of care CYP2C19 genotyped-guided clopidogrel treatment both domestically and internationally, ultimately enabling better patient outcomes, improving equitable access to healthcare and positively impacting healthcare financial burdens."

ย 

For further details please contact:

ย 

genedrive plc

+44 (0)161 989 0245

Gino Miele: CEO / Russ Shaw: CFO

Peel Hunt LLP (Nominated Adviser and Broker)

+44 (0)20 7418 8900

James Steel / Patrick Birkholm

Walbrook PR Ltd (Media & Investor Relations)

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

Anna Dunphy

+44 (0)7876 741 001

ย 

About genedrive plc (http://www.genedriveplc.com)

genedrive plc is a pharmacogenetic testing company developing and commercialising a low cost, rapid, versatile and simple to use point of need pharmacogenetic platform for the diagnosis of genetic variants. This helps clinicians to quickly access key genetic information that will aid them make the right choices over the right medicine or dosage to use for an effective treatment, particularly important in time-critical emergency care healthcare paradigms. Based in the UK, the Company is at the forefront of Point of Care pharmacogenetic testing in emergency healthcare. Pharmacogenetics informs on how your individual genetics impact a medicines ability to work for you. Therefore, by using pharmacogenetics, medicine choices can be personalised, made safer and more effective. The Company has launched its two flagship products, the Genedriveยฎ MT-RNR1 ID Kit and the Genedriveยฎ CYP2C19 ID Kit, both developed and validated in collaboration with NHS partners and deployed on its point of care thermocycler platform. Both tests are single-use disposable cartridges which are ambient temperature stable, circumventing the requirement for cold chain logistics. The Directors believe the Genedriveยฎ MT-RNR1 ID Kit is a worlds-first and allows clinicians to make a decision on antibiotic use in neonatal intensive care units within 26 minutes, ensuring vital care is delivered, avoiding adverse effects potentially otherwise encountered and with no negative impact on the patient care pathway. Its CYP2C19 ID Kit which has no comparably positioned competitor currently allows clinicians to make a decision on the use of Clopidogrel in stroke patients in 70 minutes, ensuring that patients who are unlikely to benefit from or suffer adverse effects from Clopidogrel receive an alternative antiplatelet therapeutic in a timely manner, ultimately improving outcomes. Both tests have undergone review by the National Institute for Health and Care Clinical Excellence ("NICE") and have been recommended for use in the UK NHS. The Company has a clear commercial strategy focused on accelerating growth through maximising in-market sales, geographic and portfolio expansion and strategic M&A, and operates out of its facilities in Manchester.

ย 

The Company has a clear commercial strategy focused on accelerating growth through maximising in-market sales, geographic and portfolio expansion and strategic M&A, and operates out of its facilities in Manchester.

ย 

About Stroke

According to the World Stroke Organization, there are over 77 million people globally who currently have experienced ischaemic stroke and it is estimated by the Stroke Association that there are 100,000 people who have strokes in the UK each year1, with these figures estimated to increase by 60% to 20352. Globally, one in four people over the age of 25 will have a stroke in their lifetime, and there are 1.3 million stroke survivors in the UK3, with current costs of care of approximately ยฃ26 billion2. Societal costs are expected to increase 250% over the period to 2035 unless measures to prevent strokes and reduce the disabling effects of strokes are successfully developed and implemented2.

ย 

Clopidogrel is an antiplatelet drug used in clinical management of stroke. It is metabolised into its active form by an enzyme encoded by the CYP2C19 gene which in some people has DNA variations that reduce the enzyme's function which means that clopidogrel does not work as well in these people (Loss of function).ย  Suboptimal response to clopidogrel is common, affecting up to 30% of patients in the general population, which increases to approximately 50%-60% in certain ethnic groups.

ย 

For dual antiplatelet therapy including clopidogrel, the UK National Clinical Guidelines for Stroke states that his should be considered in patients presenting within 24 hours of TIA and minor stroke4.

ย 

1 https://www.stroke.org.uk/stroke/statistics

2 https://doi.org/10.1093/ageing/afz163

3 https://www.world-stroke.org/assets/downloads/WSO_Global_Stroke_Fact_Sheet.pdf

4 National-Clinical-Guideline-for-Stroke-2023.pdf (strokeguideline.org)

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
ย 
END
ย 
ย 
MSCUNOSRSVUUUAA
Date   Source Headline
1st Jul 20134:04 pmRNSDirector/PDMR Shareholding
29th May 20133:29 pmRNSHolding(s) in Company
15th Apr 20131:39 pmRNSHolding(s) in Company
8th Apr 20134:08 pmRNSDirector/PDMR Shareholding
26th Mar 20137:01 amRNSSenior Executive Incentive Package
26th Mar 20137:00 amRNSHalf Yearly Report
1st Mar 201310:06 amRNSNotice of Results
22nd Feb 20139:13 amRNSAdditional Listing
20th Feb 20139:39 amRNSHolding(s) in Company
20th Feb 20139:35 amRNSHolding(s) in Company
10th Jan 20134:36 pmRNSDirector/PDMR Shareholding
9th Jan 20132:26 pmRNSHolding(s) in Company
17th Dec 20126:13 pmRNSDirector/PDMR Shareholding
13th Dec 20123:24 pmRNSResult of AGM
10th Dec 20129:45 amRNSHolding(s) in Company
7th Dec 20121:00 pmRNSCash Placing
21st Nov 20128:18 amRNSAnnual Report & Accounts and Notice of AGM
25th Oct 201210:54 amRNSHolding(s) in Company
24th Oct 201212:19 pmRNSHolding(s) in Company
24th Oct 20129:51 amRNSHolding(s) in Company
16th Oct 20127:00 amRNSFinal Results
4th Oct 20123:55 pmRNSDirector/PDMR Shareholding
10th Sep 20123:19 pmRNSPreliminary Results Date
6th Aug 20127:00 amRNSPre-Close Trading Update
3rd Aug 201211:58 amRNSProfessor Chris Potten
27th Jul 20124:09 pmRNSDirector's Shareholding and Additional Listing
10th Jul 20129:17 amRNSDirector/PDMR Shareholding
5th Jul 20127:00 amRNSTuberculosis test gains CE-IVD registration
3rd Apr 20124:53 pmRNSDirector/PDMR Shareholding
27th Mar 20129:13 amRNSAdditional Listing
14th Mar 20127:00 amRNSHalf Yearly Report
5th Mar 20127:00 amRNSEpistem Signs TB Channel Partner Agreement
22nd Feb 20128:18 amRNSHolding(s) in Company
21st Feb 20127:00 amRNSNotice of Results
20th Feb 20126:28 pmRNSHolding(s) in Company
10th Feb 20127:00 amRNSHolding(s) in Company
10th Jan 20121:18 pmRNSDirector/PDMR Shareholding
19th Dec 20115:54 pmRNSDirectors' shareholdings and issue of equity
25th Nov 201112:00 pmRNSCash Placing
9th Nov 20117:00 amRNS2011 Annual Report and Accounts & Notice of AGM
11th Oct 20117:00 amRNSFinal Results
7th Oct 201112:43 pmRNSDirector/PDMR Shareholding
5th Oct 20117:00 amRNSHuman DNA Identification Collaboration
27th Sep 20117:00 amRNSGenedriveT passes first in-field Tuberculosis test
4th Aug 20117:00 amRNSPre Close Trading Update
30th Jun 201112:00 pmRNSDirector/PDMR Shareholding
28th Jun 20117:00 amRNSTuberculosis Diagnostic Collaboration
23rd Jun 20114:38 pmRNSHolding(s) in Company
19th May 20115:20 pmRNSHolding(s) in Company
19th Apr 201112:32 pmRNSHolding(s) in Company

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.