Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. 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: 3.50
Bid: 3.25
Ask: 3.75
Change: 0.00 (0.00%)
Spread: 0.50 (15.385%)
Open: 3.50
High: 3.50
Low: 3.125
Prev. Close: 3.50
GDR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

NICE recommends CYP2C19 genotyping

19 May 2023 07:00

RNS Number : 9399Z
Genedrive PLC
19 May 2023
 

genedrive plc

("genedrive" or the "Company")

 

NICE recommends CYP2C19 genotyping for clopidogrel treatment

Genedrive® CYP2C19 ID test modelled to be a clinically and cost-effective option

 

genedrive plc (AIM: GDR), the point of care molecular diagnostics company, announces that the UK's National Institute for Health and Care Excellence ("NICE") has recommended in draft guidance that CYP2C19 genotyping should be used before clopidogrel administration in the management of ischemic stroke ("IS") patients.

 

The specialist NICE diagnostics assessment committee systematically reviewed the clinical and economic impact of genetic testing, including both laboratory-based and point-of-care ("POC") tests, concluding that CYP2C19 genetic testing strategies are likely to save costs and increase life expectancy compared with no testing. Screening patients to assess their clopidogrel resistance status allows for alternative treatments and better clinical outcomes.

 

Although the Genedrive® CYP2C19 ID test is in development, the NICE Committee included its predicted performance and pricing in its clinical and economic models and a thorough review is included in the Committee Papers in the public consultation documents. The Genedrive POC test had the highest probability of being the most cost effective for all scenarios compared to lab based or other POC solutions. Since final performance data for the Genedrive® CYP2C19 ID test is not yet available; and the product has not yet been registered in the UK under UKCA marking, the NICE Committee reasonably comments that no recommendation can yet be made for clinical use. The Company is anticipating UKCA marking of the Genedrive CYP2C19 test prior to NICE's final report, currently scheduled for October. At that time, NICE will have the option to update the recommendation on the Genedrive CYP2C19-ID Kit.

 

NICE's final guidance will follow the public consultation period which opens today, 19 May, and is scheduled to close on 9 June 2023. The public consultation documents and summary review of NICE's information can be found at: https://www.nice.org.uk/guidance/indevelopment/gid-dg10054/documents

 

David Budd, CEO of genedrive plc, said: "This is the second time we have had the opportunity to work with NICE on recommendations for pharmacogenetic testing and I am pleased that they are very much in-line and supportive of our strategy in point of care pharmacogenomics for emergency care. The Company remains focused on achieving release and UKCA approval of the Genedrive CYP2C19 ID Kit in advance of the final NICE guidance publication date. Our product has a number of performance and workflow features including ready-to-go room temperature reagents, rapid turnaround time, extended genomic variant coverage and integration capability with hospital data management systems that will foster its adoption and uptake compared to alternatives."

 

POC has a key advantage over laboratory-based testing, providing results in one hour, which is useful in cases of transient ischaemic attack ("TIA") and minor stroke, due to the requirement for a result in less than 24 hours to commence correct treatment. Many lab-based tests return a result within 72 hours or longer. POC testing is thus an appropriate way to minimise or eliminate any period of potentially inappropriate treatment whilst awaiting results. There is also an advantage of POC in patients who have non-minor IS but cannot take aspirin.

 

There are approximately 100,000 strokes and 60,000 TIAs each year in the UK alone. Clopidogrel with aspirin is the most commonly prescribed antiplatelet medication used to reduce the risk of secondary events following a stroke or milder related conditions like IS. Clopidogrel is a pro-drug that requires conversion into an active form by an enzyme called CYP2C19. Genotyping of CYP2C19 allows targeting of more suitable treatment for the individual based on their personal metaboliser status.

 

For further details please contact:

 

genedrive plc

+44 (0)161 989 0245

David Budd: CEO / Russ Shaw: CFO

Peel Hunt LLP (Nominated Adviser and Joint Broker)

+44 (0)20 7418 8900

James Steel / Oliver Duckworth

finnCap (Joint Broker)

+44 (0)20 7220 0500

Geoff Nash / Alice Lane

Walbrook PR Ltd (Media & 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

 

 

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

 

About Clopidogrel

Clopidogrel is a drug that is given to ischemic stroke patients to prevent further clot formation. The CYP2C19 gene is involved in a metabolic pathway in the liver that converts Clopidogrel to its active form. Clopidogrel is less effective in individuals with certain genetic CYP2C19 variants because they may not metabolise Clopidogrel fully. As a consequence, it has a reduced impact on lowering the risk of a further stroke. Genedrive's CYP2C19 ID Kit can provide guidance on which patients will respond to Clopidogrel. Patients with gene variants that result in reduced or loss of function of CYP2C19 can be given alternative treatments.

 

 

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.
 
END
 
 
MSCGPUGUAUPWGAR
Date   Source Headline
18th Apr 20187:00 amRNSgenedrive plc to Present at the UK Investor Show
12th Apr 20189:53 amEQSHardman & Co Research: genedrive plc (GDR): Progressing commercialisation plans
10th Apr 20187:00 amRNSPublication of Genedrive Performance Data in Gut
9th Apr 20189:06 amRNSDirectorate Change
4th Apr 20188:48 amRNSDirector/PDMR Shareholding
3rd Apr 20187:00 amRNSGenedrive® Hepatitis C test in Asia Pacific
27th Mar 20187:00 amRNSgenedrive signs distribution agreement for India
20th Mar 20183:40 pmRNSHolding(s) in Company
20th Mar 20187:00 amRNSInterim Results
13th Mar 20187:00 amRNSCommercial sales of Genedrive® HCV ID Kit begin
27th Feb 20187:00 amRNSgenedrive Receives Funding for TB Test Development
14th Feb 20187:00 amRNSNotice of Results
18th Jan 201811:59 amRNSHardman Res: Hep-C point-of-care test launched
17th Jan 20182:01 pmRNSHolding(s) in Company
17th Jan 20187:00 amRNSTrading update
16th Jan 20187:00 amRNSFirst Successful Field Evaluation of HCV Assay
13th Dec 20177:15 amRNSHardman Research: Remodelled for growth
7th Dec 20174:28 pmRNSDirector/PDMR Shareholding
29th Nov 20172:19 pmRNSResult of AGM
21st Nov 20177:00 amRNSgenedrive plc awarded Innovate UK grant
17th Nov 201711:25 amRNS2017 Annual Report and AGM Notice
14th Nov 20177:00 amRNSDistribution agreement with Sysmex Asia Pacific
8th Nov 20171:31 pmRNSDirectorate Change
6th Nov 20178:51 amRNSHolding(s) in Company
2nd Nov 20177:00 amRNSDistribution update for India
23rd Oct 20177:00 amRNSLaunches Genedrive® Hepatitis C test in Africa
18th Oct 20177:00 amRNSHolding(s) in Company
17th Oct 20177:00 amRNSPreliminary Results
16th Oct 20177:00 amRNSDistribution Agreement
11th Oct 20177:00 amRNSNotice of Preliminary Results
22nd Sep 20179:42 amRNSHolding(s) in Company
11th Sep 20177:00 amRNSGenedrive HCV Kit received CE Marking
27th Jul 20177:00 amRNS$1.4m Funding from US Department of Defense
13th Jul 20177:00 amRNSTrading Update
11th Apr 20177:00 amRNSHep C data presentation at EASL
5th Apr 201712:39 pmRNSDirector/PDMR Shareholding - Replacement
5th Apr 201711:17 amRNSDirector/PDMR Shareholding
30th Mar 20177:00 amRNSInterim Results
27th Mar 20177:00 amRNSHCV Assay submitted for CE IVD Certification
24th Mar 20177:00 amRNSNotice of Interim Results
8th Mar 20177:00 amRNSSuccessful Clinical Results - Genedrive HCV Assay
20th Feb 20177:00 amRNSDirector/PDMR Shareholding
6th Feb 20175:53 pmRNSHoldings in Company
27th Jan 20177:00 amRNSTrading Update
16th Jan 20177:00 amRNSUpdate on US Department of Defense Programme
23rd Dec 201610:48 amRNSDirector/PDMR Shareholding
30th Nov 20162:16 pmRNSResult of AGM
29th Nov 20167:00 amRNSUpdate on CFO Appointment
17th Nov 20167:00 amRNSCE-IVD Certification for Human Genotyping Test
11th Nov 20165:47 pmRNSNotice of AGM

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.