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Share Name | Share Symbol | Market | Type |
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Angle Plc Surrey (QX) | USOTC:ANPCY | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 1.20 | 0.93 | 1.47 | 0.00 | 14:04:22 |
GUILDFORD, England, Feb. 16, 2015 /PRNewswire/ -- ANGLE plc (AIM:AGL and OTCQX:ANPCY), the specialist medtech company, is delighted to announce a collaboration with the MD Anderson Cancer Center to investigate the clinical use of ANGLE's Parsortix system as a companion diagnostic in colorectal cancer.
The University of Texas MD Anderson Cancer Center is one of the world's most respected centres devoted exclusively to cancer patient care, research, education and prevention. MD Anderson was created in 1941 as part of The University of Texas System. United States News & World Report's "Best Hospitals" survey has ranked MD Anderson as one of the nation's top two cancer centres every year since the survey began in 1990. MD Anderson's Clinical Center for Targeted Therapy is the largest programme in the world expediting the development of new cancer drugs.
The research collaboration is being led by Drs. Mien-Chie Hung, Vice President for Basic Research, and Chairman of the Department of Molecular and Cellular Oncology, Scott Kopetz, Associate Professor, GI Medical Oncology and Shulin Li, Professor, Pediatrics, The University of Texas MD Anderson Cancer Center.
MD Anderson will recruit 50 metastatic colorectal cancer patients for the patient study, which is expected to report by the end of the year. Blood will be collected from each patient and processed using ANGLE's Parsortix system. The harvested circulating tumour cells (CTCs) will be distributed to three different MD Anderson labs in pursuit of three key objectives:
ANGLE is strongly focused on establishing the use of the Parsortix system in clinical practice. To achieve this, a top priority is the establishment of collaborations with key opinion leaders at world class translational research centres. These key opinion leaders are working to identify clinical applications with medical utility (clear benefit to patients), and to obtain clinical data that demonstrates that utility in patient studies. ANGLE believes this is the optimal approach for unlocking the multi-billion dollar worldwide market available to the Company and its potential strategic partners. The first such translational research patient study in ovarian cancer was completed by Medical University of Vienna in January 2015 and reported "unprecedented sensitivity and specificity". This is now being developed as a clinical application for ovarian cancer.
ANGLE Founder and Chief Executive, Andrew Newland, commented:
"We are delighted to be working with MD Anderson and Drs. Hung, Kopetz and Li to develop clinical applications using the Parsortix system as a companion diagnostic in the treatment of colorectal cancer patients."
For further information please visit www.angleplc.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/angle-plc-angle-or-the-company-collaboration-with-md-anderson-cancer-center-on-colorectal-cancer-300036538.html
SOURCE ANGLE plc
Copyright 2015 PR Newswire
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