The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 2.225
Bid: 2.20
Ask: 2.25
Change: -0.025 (-1.11%)
Spread: 0.05 (2.273%)
Open: 2.25
High: 2.50
Low: 2.125
Prev. Close: 2.25
GDR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UKCA marking achieved for new CYP2C19 test

6 Sep 2023 07:00

RNS Number : 4792L
Genedrive PLC
06 September 2023
 

genedrive plc

("genedrive" or the "Company")

 

UKCA marking achieved for new Genedrive® CYP2C19 test

 genedrive Point of Care test that helps manage treatment in stroke patients is now readying for NHS introduction

 

genedrive plc (AIM: GDR), the point of care molecular diagnostics company, announces it has achieved UKCA marking registration for its new Genedrive® CYP2C19 System. It is a point of care pharmacogenomic test that can differentiate between patients that could respond to clopidogrel treatment and those that will not, allowing more effective drug treatment to be prescribed on a personalised basis. The test can be performed at the bedside or in a ward, and can deliver a clinically actionable result in about one hour.

 

Poor response to treatment following stroke is common, effecting up to 30% of patients in the general population and in a recent report up to 50% in certain ethnic groups. In the UK, the National Institute for Health and Care Excellence ("NICE") recommended in May 2023 draft guidance that people who have had an ischaemic stroke or transient ischaemic attack ("TIA") should have a CYP2C19 genetic test prior to treatment. It's estimated that there are over 60 million ischaemic strokes per year globally and over 100,000 in the UK each year. 

 

The Genedrive® CYP2C19 test uses a single, non-invasive cheek swab sample, and rapidly identifies six important genetic variants of the CYP2C19 gene, which are instrumental in the loss of metabolism function and poor activation of clopidogrel in a patient. The Genedrive® System automatically interprets the information for the clinician, allowing prompt administration of an optimised treatment plan. Like all genedrive products, the tests are presented in a temperature stable, freeze-dried format, allowing testing to be performed by healthcare workers, away from laboratory locations. In its performance evaluations, the test achieved 99% accuracy in detecting the variants that underpin loss of metabolism function.

 

UKCA marking now allows the Company to begin commercialisation in the UK, and actively engage in the DEVOTE programme (previously announced in May 2023), which will generate additional performance data in an acute care setting. This expanded dataset is required for CE marking submission, which will allow for commercialisation in the EU. Submission is expected in the first half of 2024 once genedrive's engagement with DEVOTE has completed. In the United Kingdom, the Company will be selling the product through its direct sales team, and momentum for adoption is expected to be influenced by positive final NICE recommendations for CYP2C19 testing, which are expected in December 2023.

 

David Budd, Chief Executive Officer of genedrive plc, said: "UKCA marking of the Genedrive® CYP2C19 test is a milestone for the Company as we formally register our second pharmacogenomic test for use in emergency medicine. As we begin commercialisation and look to registration activities more globally, we will benefit from a rapidly evolving well documented clinical understanding and guidance for the use of genetic testing for stroke management. The use of point of care testing allows patients to be put on an optimised treatment plan as quickly as possible. The risk of recurrent stroke in the week after a TIA or minor stroke is up to 10%, so routine laboratory testing which can take many days or weeks is unlikely to be as appropriate as a point of care solution returning results in about one hour."

 

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 / Patrick Birkholm

finnCap (Joint Broker)

+44 (0)20 7220 0500

Geoff Nash

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 use in patient stratification (genotyping), pathogen detection and other indications in emergency care.

 

About DEVOTE

The Development and Validation of Technology for Time Critical Genomic Testing (DEVOTE) Programme is a collaboration between academics, clinicians, and industry partners. It aims to accelerate the adoption of genomic technology into clinical practice by supporting companies through each aspect of the translational pathway.

 

For more information contact info@devoteprogramme.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.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
 
 
MSCBRGDCBUGDGXU
Date   Source Headline
9th Dec 20219:00 amRNSPrice Monitoring Extension
8th Dec 20214:40 pmRNSSecond Price Monitoring Extn
8th Dec 20214:35 pmRNSPrice Monitoring Extension
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

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.