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Product launch

31 Jan 2007 07:02

Immunodiagnostic Systems Hldgs PLC31 January 2007 Immunodiagnostic Systems Holdings plc US launch of BoneTRAP(R) for clinical use Immunodiagnostic Systems Holdings plc ("IDS"), a leading producer of diagnostictesting kits for the clinical and research laboratory markets, announces thatits BoneTRAP Assay (TRACP 5b) is now available for clinical use in the US.Previously the test was only available for 'Research Use Only' in the US and wasused by large biotech and pharmaceutical clients. BoneTRAP tests for osteoclasts, bone cells that are responsible for bonedegradation. Osteoclasts dissolve the fatigued bone, and osteoblasts replace theweakened bone with viable new bone, a continuous metabolic process called "boneremodelling". As the result of disease or aging, the activity of osteoclastsmay accelerate, particularly in post-menopausal women, whilst the activity ofosteoblasts remains normal, leading to an imbalance in the bone remodelingprocess. This imbalance is symptomatic of diseases such as osteoporosis, osteomalacia,renal osteodystrophy, metastatic cancer of bone and multiple myeloma, andtherefore BoneTRAP tests can play a major role in the diagnosis and treatment ofsuch diseases. Osteoporosis is a systemic disease characterised by low bone mass anddegradation of bone microarchitecture, leading to bone fragility and increasedsusceptibility to fractures. According to the US National OsteoporosisFoundation, more than 44 million people in the US either have osteoporosis orhave risk factors for osteoporosis. More than 1.5 million osteoporosis-relatedfractures occur annually in the US with national direct care costs for fracturesbeing $18 billion per year in 2002, and costs are increasing. Dr Roger Duggan, Managing Director of IDS, said: "The tests availability for In Vitro Diagnostic use in humans opens up the muchlarger clinical market in the US, for which re-imbursement is available tophysicians calling for the test to be performed. This will significantly liftsales of BoneTRAP in the biggest single global IVD market." The TRACP 5b immunoassay was developed by SBA Sciences of Oulu, Finland, acompany acquired by IDS in February 2005. TRAP 5b technology is patentprotected, and has been cited in more than 100 scientific publications.Preclinical versions of the test, RatTRAP(TM) and MouseTRAP(TM) kits, willcontinue to be used in large volumes by pharmaceutical and contract researchorganisations in drug development and validation. Enquiries: Immunodiagnostic Systems Holdings plc Parkgreen Communications Ltd Dr. Roger Duggan, Managing Director Paul McManus Tel: 0191 519 0660 Tel: 020 7851 7480 www.idsltd.com Mob: 07980 541 893 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
29th Oct 20077:00 amRNSNotice of Results
5th Oct 200712:11 pmRNSNotifiable Interest
2nd Oct 20077:01 amRNSSenior Management Appointment
17th Sep 20073:33 pmRNSNotifiable Interest
17th Sep 20077:01 amRNSBoard Appointment
10th Sep 20073:48 pmRNSNotifiable Interest
3rd Sep 20077:01 amRNSTotal Voting Rights
3rd Sep 20077:00 amRNSCompletion of Acquisition
31st Aug 20073:16 pmRNSAGM Statement
28th Aug 20071:48 pmRNSResult of EGM
20th Aug 200712:36 pmRNSNotifiable Interest
20th Aug 20079:53 amRNSAIM Rule 26
3rd Aug 20077:00 amRNSProposed Acquisition
31st Jul 200711:03 amRNSTotal Voting Rights
26th Jul 20077:01 amRNSCompletion of acquisition
16th Jul 20075:57 pmRNSCorrection re. dividend dates
16th Jul 20077:01 amRNSFinal Results
29th Jun 20077:01 amRNSNotice of Results
18th Jun 20077:02 amRNSImmunoassay kits agreement
8th May 20077:01 amRNSNotifiable Interest
3rd May 20073:39 pmRNSDirectors Dealing
21st Mar 20077:00 amRNSTrading Statement
20th Mar 20075:33 pmRNSNotifiable Interest
13th Mar 20077:00 amRNSBoard Appointment
12th Feb 20077:02 amRNSBoard Appointment
31st Jan 20077:02 amRNSProduct launch
4th Jan 20077:00 amRNSProduct Launch
21st Dec 200612:48 pmRNSTotal Voting Rights
5th Dec 20069:44 amRNSDirector/PDMR Shareholding
4th Dec 20067:02 amRNSAutomation agreement
15th Nov 20068:54 amRNSHolding(s) in Company
6th Nov 20067:01 amRNSInterim Results
19th Oct 200611:34 amRNSNotice of Results
10th Oct 20067:02 amRNSIDS launches into Austria
13th Sep 20067:00 amRNSLaunch of new assay kit
22nd Aug 200611:04 amRNSAGM Statement
17th Jul 20064:35 pmRNSHolding(s) in Company
5th Jul 20067:00 amRNSFinal Results
30th May 20067:03 amRNSMarketing & sales agreement
15th May 20067:01 amRNSDirectorate Change
12th Apr 20067:01 amRNSDirector/PDMR Shareholding
30th Mar 20067:01 amRNSPre-close Trading update
21st Feb 20062:38 pmRNSDirectors Dealing
7th Nov 20057:00 amRNSInterim Results
26th Oct 20059:52 amRNSNotice of Results
26th Sep 20057:01 amRNSBoard Appointment
6th Sep 200511:18 amRNSAGM Statement
12th Aug 200510:42 amRNSFDA Approval
12th Jul 20057:01 amRNSFinal Results
6th Jul 20053:19 pmRNSNotice of Results

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