The next focusIR Investor Webinar takes places on 14th May with guest speakers from 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 picksHZD.L Regulatory News (HZD)

  • There is currently no data for HZD

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Reference Standards support successful FDA filing

3 Jul 2017 07:00

RNS Number : 8456J
Horizon Discovery Group plc
03 July 2017
 

Horizon Discovery announces inclusion of its Reference Standards in successful FDA approval of an oncology companion diagnostic test with leading next generation sequencing company

 

· Horizon's reference standards supported assay development and subsequent clinical trial

· Horizon is a leader in the application of cancer biomarkers in diagnostics and research

Cambridge, UK, 3 July 2017: Horizon Discovery Group plc (LSE: HZD) ("Horizon" or the "Company"), the world leader in the application of gene editing technologies, today announces the use of its Reference Standards in a recent successful premarket approval application (PMA) filing with the FDA for a companion diagnostic in oncology by a leading next generation sequencing company. In the development and subsequent clinical trial, Horizon's Reference Standards were used as positive controls to support the programme and to help establish the performance specifications of the assay.

 

Horizon is a leading provider of highly characterised genetic materials used as Reference Standards for the development and quality control of molecular assays. Increasingly the Company works with assay developers early in their process to support the efficient development and validation of new tests, often with the Reference Standards becoming part of the kit and Horizon receiving a portion of revenues, as was the case in a previously announced agreement (12 May 2016) with a global market leading Next Generation Sequencing (NGS) platform company.

 

Horizon has played a major role in the identification and application of the critical biomarkers of cancer since its inception. Horizon's genetic markers are made available to researchers via its significant catalogue of products in the form of gene edited cell lines, and to clinical labs in the form of Reference Standards that mimic real patient samples.

 

Colorectal cancer is one of the most commonly diagnosed cancers in both men and women, with an estimated 135,000 new cases expected to be diagnosed in 20171 in the United States alone. Current front-line colorectal cancer drugs exist in the forms of Erbitux and Vectibix, however not all patients respond to the therapeutics. Studies from Professor Alberto Bardelli (a Horizon co-founder) and Dr. Sabine Tejpar (a Horizon SAB member), published in the Journal of Cancer Research (March 2007 and February 2009) and the Journal of Clinical Oncology (October 2008), first made the link between K-RAS mutations and resistance to these drugs in up to 65% of colon cancer patients2. This work provided critical evidence that led to the requirement for clinicians to test patients for K-RAS mutation status prior to their prescription, not only enabling patients to obtain the right drug for their cancer, but also saving an estimated $750 million/year through avoidance of prescriptions that would provide no patient benefit.

 

Horizon continued to build on this work through the COLTHERES consortium, a four year €6 million funded collaboration of EU-based clinical centers and translational researchers, that identified additional biomarkers in the 30-40% of patients who are resistant to Cetuximab, a therapeutic for the treatment of advanced colorectal cancer. This work led to multiple ongoing clinical trials for combination therapies, and resulted in several technical innovations including the first practical use of liquid biopsy for diagnostics, the full impact of which is now being realised.

 

Dr. Darrin M Disley, Chief Executive Officer, Horizon Discovery, commented: "Due to our deep-seated experience, Horizon is a world-leader in the development of cell-based models of human disease and their application in a wide range of fields, including to support the accurate and efficient provision of critical oncology diagnostic testing. We are pleased that our Reference Standards have proven such a valuable component of this seminal clinical trial and FDA approval with one of the world's leading players in the genomics and diagnostics market. We are currently supporting many similar trials and products and look forward to making an impact on the lives of patients through our products."

 

1. https://seer.cancer.gov/statfacts/html/colorect.html

2. https://www.horizondiscovery.com/about-us/news/horizona-s-x-man-cell-models-predict-that-a-subset-of-kras-mutated-cancers-respondto-egfr-therapy

 

ENDS

 

 

About Horizon's Reference Standards:

There are many potential sources of variability that can lead to molecular diagnostic tests providing erroneous results. Our Reference Standards offer a source of genetically defined, quantitative, sustainable and independent third-party reference material, critical to the validation and routine performance monitoring of assays, providing an unprecedented level of control. Horizon Reference Standards are available in a broad range of formats, including Formalin-Fixed Paraffin-Embedded (FFPE) cell line sections, purified genomic DNA (gDNA), and cell-free DNA (cfDNA) on its own or spiked into synthetic plasma.

 

Glossary:

· Assay: a laboratory procedure measuring the presence, amount, or functional activity of a specific biomarker or analyte

· Liquid biopsy: the sampling and analysis of non-solid biological tissue, primarily blood

· K-RAS: a protein that in humans is encoded by the KRAS gene

· Next Generation Sequencing (NGS): high-throughput sequencing of DNA (or RNA) by parallelising the sequencing process, producing thousands or millions of sequences concurrently

· Reference standard: a standardised substance (e.g. DNA, protein) which is used as a measurement base or control for an assay

 

1. https://seer.cancer.gov/statfacts/html/colorect.html

2. https://www.horizondiscovery.com/about-us/news/horizona-s-x-man-cell-models-predict-that-a-subset-of-kras-mutated-cancers-respondto-egfr-therapy

 

For further information from Horizon Discovery Group plc, please contact:

 

Horizon Discovery Group plc

Darrin Disley, Chief Executive Officer

Richard Vellacott, Chief Financial Officer

Chris Claxton, VP Investor Relations

Tel: +44 (0) 1223 655 580

 

Consilium Strategic Communications (Financial Media and Investor Relations)

Mary-Jane Elliott / Susan Stuart / Matthew Neal / Melissa Gardiner

Tel: +44 (0) 20 3709 5701

Email: horizon@consilium-comms.com

 

Zyme Communications (Trade and Regional Media)

Katie Odgaard

Tel: +44 (0)7787 502 947

Email: katie.odgaard@zymecommunications.com

Tel: +44 (0) 20 7653 4000

 

 

About Horizon Discovery Group plc www.horizondiscovery.com

Horizon Discovery Group plc (LSE: HZD) ("Horizon"), is a world-leading gene editing company that designs and engineers genetically-modified cells and then applies them in research and clinical applications that advance human health.

 

Horizon's core capabilities are built around its proprietary translational genomics platform, a highly precise and flexible suite of gene editing tools (rAAV, ZFN, CRISPR and Transposon) able to alter almost any gene sequence in human or mammalian cell-lines.

 

Horizon offers over 23,000 catalogue products and related research services, almost all of which are based on the generation and application of cell and animal models that accurately recapitulate the disease-causing genetic anomalies found in diseases like cancer. Horizon's commercial offering has been adopted by over 1,600 unique research organisations in over 50 countries as well as in the Company's own R&D pipeline to support a greater understanding of the genetic drivers of disease and the development of molecular, cell and gene therapies that can be prescribed on a personalised basis.

 

Horizon is headquartered in Cambridge, UK, and is listed on the London Stock Exchange's AIM market under the ticker "HZD". 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAUGUBPMUPMPGP
Date   Source Headline
23rd Dec 20203:30 pmRNSForm 8.3 - HZD LN
23rd Dec 20203:30 pmBUSForm 8.3 - Horizon Discovery Group plc
23rd Dec 202011:27 amRNSScheme of Arrangement becomes Effective
23rd Dec 20207:30 amRNSSuspension - Horizon Discovery Group plc
22nd Dec 20205:37 pmRNSForm 8 (DD) - Horizon Discovery Group plc
22nd Dec 20205:35 pmRNSForm 8 (DD) - Horizon Discovery Group plc
22nd Dec 20205:35 pmRNSForm 8 (DD) - Horizon Discovery Group plc
22nd Dec 20205:34 pmRNSForm 8 (DD) - Horizon Discovery Group plc
22nd Dec 20204:28 pmBUSForm 8.3 - Horizon Discovery Group plc
22nd Dec 20203:56 pmBUSForm 8.3 - Horizon Discovery Group plc
22nd Dec 20203:30 pmRNSForm 8.3 - HZD LN
22nd Dec 20201:52 pmRNSHolding(s) in Company
22nd Dec 20207:00 amRNSForm 8.3 - Horizon Discovery Group PLC
21st Dec 20204:13 pmRNSForm 8.3 - HZD LN
21st Dec 20203:59 pmRNSExercise of Options, Issue of Equity & Rule 2.9
21st Dec 20203:41 pmRNSCourt Sanction of the Scheme of Arrangement
21st Dec 20203:30 pmBUSForm 8.3 - Horizon Discovery Group plc
21st Dec 202011:59 amRNSForm 8.3 - Horizon Discovery Group plc
18th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc
18th Dec 20201:30 pmBUSForm 8.3 - HORIZON DISCOVERY GROUP PLC
18th Dec 202012:25 pmRNSHolding(s) in Company
18th Dec 202011:31 amRNSForm 8.3 - Horizon Discovery Group plc
18th Dec 20207:00 amRNSForm 8.3 - Horizon Discovery Group PLC
17th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc
17th Dec 202012:28 pmRNSHolding(s) in Company
16th Dec 20205:30 pmRNSHorizon Discovery Group
16th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc
16th Dec 202010:03 amRNSForm 8.3 - Horizon Discovery Group plc
15th Dec 20203:30 pmRNSResults of Court Meeting and General Meeting
15th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc
15th Dec 20209:38 amRNSForm 8.5 (EPT/RI) - Horizon Discovery Group Plc
14th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc
14th Dec 20201:30 pmBUSForm 8.3 - HORIZON DISCOVERY GROUP PLC
11th Dec 20205:32 pmPRNForm 8.3 - Horizon Discovery Group Plc
11th Dec 20205:32 pmPRNForm 8.3 - Horizon Discovery Group Plc
11th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc
11th Dec 20201:30 pmBUSForm 8.3 - HORIZON DISCOVERY GROUP PLC
11th Dec 202010:01 amRNSForm 8.5 (EPT/NON-RI) - Horizon Disc Group plc
10th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc
10th Dec 20202:50 pmRNSForm 8.3 - Horizon Discovery Group PLC
10th Dec 202010:02 amRNSForm 8.3 - Horizon Discovery Group plc
9th Dec 20205:38 pmRNSHolding(s) in Company
9th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc
9th Dec 202012:31 pmRNSForm 8.3 - Horizon Discovery Group plc
9th Dec 202010:27 amBUSForm 8.3 - HZD LN
9th Dec 202010:21 amRNSForm 8.5 (EPT/RI) - Horizon Discovery Group plc
8th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc
8th Dec 20201:37 pmRNSForm 8.3 - Horizon Discovery Group plc
8th Dec 202011:25 amRNSForm 8.3 - Horizon Discovery
7th Dec 20203:15 pmBUSForm 8.3 - Horizon Discovery Group plc

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.