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ONC Oncimmune Holdings Plc

26.40
1.20 (4.76%)
17 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oncimmune Holdings Plc LSE:ONC London Ordinary Share GB00BYQ94H38 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.20 4.76% 26.40 25.80 27.00 468 16:35:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Medical Laboratories 1.47M -6.15M -0.0830 -3.04 18.68M

Oncimmune Holdings PLC CE Mark for EarlyCDT®-Lung (2652E)

15/07/2016 7:00am

UK Regulatory


Oncimmune (LSE:ONC)
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TIDMONC

RNS Number : 2652E

Oncimmune Holdings PLC

15 July 2016

PRESS RELEASE 15 July 2016

Oncimmune Holdings plc

("Oncimmune" or the "Company")

CE Mark for EarlyCDT(R)-Lung

CE Mark Paves Way for Further Commercialisation

Nottingham, UK - 15 July 2016: Oncimmune Holdings plc (AIM: ONC.L), a leading early cancer detection company developing and commercialising its proprietary EarlyCDT(R) platform technology, announces it has obtained the CE mark for the reagents used in EarlyCDT(R)-Lung, an autoantibody blood test that can detect cancer up to four years earlier than other methods.

The CE mark certifies that the reagents used in EarlyCDT(R)-Lung meet the strict EU standards of manufacturing and quality control dictated by the In Vitro Diagnostics Medical Devices Directive 98/79/EC (IVD Directive).

EarlyCDT(R)-Lung, the Company's first product, was launched in 2012 as a CLIA laboratory test in the USA, and since then over 145,000 commercial tests have been sold. EarlyCDT(R)-Lung is available through physicians in the US and also privately in the UK and other regions. EarlyCDT(R)-Lung is also being used in the largest ever randomised trial for the early detection of lung cancer using biomarkers, the National Health Service (NHS) Scotland ECLS study of 12,000 high-risk smokers, for which further results are expected to be reported in December 2016.

Geoffrey Hamilton-Fairley, CEO of Oncimmune, commented: "Securing CE marking for EarlyCDT(R)-Lung is a testament to the quality of our test and processes and was one of the key objectives laid out for the Company at its recent IPO. We now satisfy regulatory requirements in both Europe and the US, where we already have the CLIA certification.

"Achieving this significant milestone of CE marking is also an important precursor to the development and CE marking of the kit form of our test, which will more easily enable widespread international adoption. Demonstrating conformity to the exacting standards required to achieve the internationally recognised CE mark will also support certification in other territories, including Asia."

For further information:

Oncimmune Holdings plc

Geoffrey Hamilton-Fairley, Chief Executive Officer

contact@oncimmune.co.uk

Zeus Capital Limited (Nominated Adviser and Broker)

Phil Walker, Andrew Jones, Dominic Wilson

+44 (0) 203 829 5000

Media enquiries:

Consilium Strategic Communications

Chris Gardner, Mary-Jane Elliott, Matthew Neal, Lindsey Neville

oncimmune@consilium-comms.com

+44 (0) 20 3709 5708

About Oncimmune

Oncimmune is a leading early cancer detection company developing and commercialising its proprietary EarlyCDT(R) platform technology. Oncimmune has pioneered the development of autoantibody tests that can detect cancer up to four years earlier than other methods and can be applied to a very wide range of solid tumour types. The Company's first product, EarlyCDT(R)-Lung, was launched in 2012, as a CLIA test in the USA and since then over 145,000 commercial tests have been sold. EarlyCDT(R)-Lung is available through physicians in the US and also privately in the UK and other regions. EarlyCDT(R)-Lung is being used in the largest ever randomised trial for the early detection of lung cancer using biomarkers. The NHS Scotland ECLS study of 12,000 high-risk smokers is now fully recruited and in the final follow up stage. EarlyCDT(R) tests for liver and ovarian cancer are in development.

Oncimmune, headquartered in Nottingham, United Kingdom with testing facilities in the US, joined AIM in May 2016 under the ticker ONC.L. For more information visit www.oncimmune.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

READGGDRCUBBGLS

(END) Dow Jones Newswires

July 15, 2016 02:00 ET (06:00 GMT)

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