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ONC Oncimmune Holdings Plc

27.60
-1.50 (-5.15%)
19 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
  -1.50 -5.15% 27.60 27.00 28.00 29.00 28.00 29.00 62,630 16:35:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Medical Laboratories 1.47M -6.15M -0.0830 -3.37 20.76M

Oncimmune Holdings PLC Oncimmune signs US distribution agreement

20/12/2018 2:13pm

RNS Non-Regulatory


TIDMONC

Oncimmune Holdings PLC

20 December 2018

Oncimmune Signs Agreement with America's Choice Provider Network to Expand Access to its Blood Tests for the Early Detection of Lung and Liver Cancers

De Soto, Kansas, December 20, 2018 - Oncimmune Holdings plc (AIM: ONC.L), a leader in the development, manufacture and commercialization of personalized immunodiagnostics for the screening, detection and care of cancer, today announced that it has entered into an agreement with America's Choice Provider Network (ACPN) to expand access to Oncimmune's simple and affordable blood tests, EarlyCDT(R) -Lung and EarlyCDT(R) -Liver. ACPN is an independent, multi-specialty provider network accessed by over 1,700 payers. More than 28 million Americans and 750,000 international lives have access to ACPN's network.

EarlyCDT-Lung is used by clinicians to assess lung cancer risk in high-risk patients who have an indeterminate pulmonary nodule (IPN), and is highly specific in detecting all types of lung cancer at all stages of disease. These attributes make the test complementary to the high sensitivity but poor specificity of CT scanning. EarlyCDT-Liver aids in the detection and confirmation of hepatocellular carcinoma (HCC, liver cancer), in association with imaging, in high-risk patients with liver lesions of all sizes.

"Our collaboration with America's Choice Provider Network is one of several payor and provider agreements we have recently finalized to ensure as many people as possible in the U.S. are able to use our EarlyCDT(R) tests to facilitate earlier diagnoses," said Marco Casarin, General Manager, Oncimmune (USA) LLC. "Especially in lung cancer-with nearly 1.6 million Americans having an incidentally detected nodule on the lung-a positive EarlyCDT-Lung outcome enables quicker clinician intervention and better patient outcomes."

About Oncimmune(R)

Oncimmune is changing how clinicians, researchers and patients view, diagnose and treat cancer. Our technology detects evidence of the body's natural response to cancer, enabling detection four years or more before standard clinical diagnosis. Our tests facilitate clinical decision-making and are complementary to diagnostic technologies, making them valuable additions to established and new care pathways. We partner with leading developers and distributors to make our technology available globally.

Oncimmune launched its platform technology in 2009, followed by its first commercial tests, EarlyCDT(R) -Lung and EarlyCDT(R) -Liver. To date, over 155,000 tests have been performed for patients worldwide. EarlyCDT-Lung is being used in the National Health Service (NHS) ECLS study of 12,210 high-risk smokers in Scotland, which is the largest-ever randomized trial for the early detection of lung cancer using biomarkers.

Oncimmune is headquartered in Nottingham, UK, with a CLIA lab in Kansas, U.S. and offices in London, UK and Shanghai, China. Oncimmune joined the Alternative Investment Market (AIM) of the London Stock Exchange in May 2016 under the ticker ONC.L.

For more information, visit http://oncimmune.com/. Follow us on Twitter and LinkedIn.

Media Contacts:

RAliance Communications

Reba Auslander

reba@raliancecommunications.com

917-836-9308

Consilium Strategic Communications

Chris Gardner, Matthew Neal, Lindsey Neville

Oncimmune@consilium-comms.com

+44 (0)20 3709 5708

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.

END

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(END) Dow Jones Newswires

December 20, 2018 09:13 ET (14:13 GMT)

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