AccuStem Sciences, Inc. Announces Acquisition of Proprietary MSC Lung Cancer Screening Test
18 March 2025 - 12:30PM
UK Regulatory
AccuStem Sciences, Inc. Announces Acquisition of Proprietary MSC
Lung Cancer Screening Test
- AccuStem pursuing strategic commercialization plan intending to
launch the MSC test in the US in 2026
LONDON and PHOENIX, Ariz., March 18, 2025 (GLOBE NEWSWIRE) --
AccuStem Sciences, Inc. (OTCQB: ACUT), a clinical stage diagnostics
company dedicated to improving outcomes for patients with or at
risk of cancer, announces the acquisition of the license for the
proprietary microRNA Signature Classifier (MSC) test. The inventors
of the proprietary lung cancer screening test will continue to
collaborate and also provide all historic data, research and
know-how relating to the Proprietary MSC Test from certain secured
creditors and interest holders relating to MSC test.
The MSC test was developed by researchers Mattia Boeri, PhD, Ugo
Pastorino, MD, and Gabriella Sozzi, PhD, at the Istituto Nazionale
Tumori (INT) to help physicians more accurately screen patients at
risk of lung cancer. The blood-based test evaluates 24 micro RNAs
to improve the diagnostic performance of low-dose computed
tomography (LDCT) in patients with pulmonary nodules.
“We are excited to obtain the rights to a novel test like MSC
that could meaningfully benefit the millions of patients diagnosed
with lung nodules each year,” said Wendy Blosser, Chief Executive
Officer of AccuStem. “We believe the test will provide more
definitive diagnoses and peace of mind for patients beyond LDCT
screening alone, with the added benefit of saving costs to the
healthcare system.”
By utilizing MSC in combination with LDCT, clinicians will be
able to more accurately stratify and manage lung nodules. Data
published in Annals of Oncology show that MSC+/LDCT+
patients have a cumulative lung cancer incidence 30-fold higher
than MSC-/LDCT- patients whose screening intervals could be safely
delayed without reducing the detection of early-stage, curable
cancers. Further, analyses published in the Journal of Clinical
Oncology show that combining MSC with LDCT results in a
five-fold reduction in false positives compared to LDCT alone,
which could lead to improved patient outcomes, fewer biopsies and
lower healthcare costs.
“We are pleased to be partnering with a leadership team that has
such broad experience commercializing novel, disruptive tests in
the oncology space,” said Gabriella Sozzi, Director of the Research
Department at INT Milan. “With the quality and quantity of data
behind MSC, we believe our work together will maximize the impact
of the MSC test by ensuring it is accessible to as many patients as
possible.”
The consideration for the acquisition is to be satisfied by the
issue of 3,750,000 common shares in the capital of AccuStem
credited as fully paid (the “Consideration Shares”). The terms of
the acquisition include the transfer of all rights, title and
interest, in the intellectual property relating to the MSC test.
The Consideration Shares are to be issued to certain secured
creditors and interest holders relating to MSC test. The
Consideration Shares are subject to resale restrictions for a
period of 13 months from the date of closing of the
acquisition.
About AccuStem
AccuStem is a clinical stage diagnostics company dedicated to
optimizing outcomes and quality of life for all patients with
cancer. We plan to drive innovation in healthcare by offering
proprietary molecular testing that addresses unmet clinical needs
from cancer screening through treatment and monitoring. By
interrogating novel disease pathways, such as tumor “stemness”, we
believe our tools will help care teams better understand the
biology of each patient’s cancer, leading to more informed decision
making.
For more information, please visit www.accustem.com.
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Media Contact:
Email: Info@accustem.com
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Email: investors@accustem.com