- Release Date: 24/02/15 15:43
- Summary: GENERAL: PEB: Pacific Edge issued patent in Europe for gastric cancer
- Price Sensitive: No
- Download Document 5.34KB
PEB 24/02/2015 15:43 GENERAL PRICE SENSITIVE REL: 1543 HRS Pacific Edge Limited GENERAL: PEB: Pacific Edge issued patent in Europe for gastric cancer 24 February 2015 Pacific Edge issued patent in Europe for gastric cancer Pacific Edge Limited (the Company) has extended the patent footprint for its stomach cancer technology after it was granted patent protection in Europe for 'Detection of Gastric Cancer'. Gastric or stomach cancer is one of the most common cancers in the world and Pacific Edge also has patents for its gastric cancer technology in New Zealand, Australia and China. Pacific Edge Chief Executive Officer David Darling says: "There is an estimated 934,000 new cases of gastric cancer diagnosed globally each year. While the greatest incidences occur in China, Japan and Korea, it is still a major health issue in Europe." "Investment in intellectual property is an important investment for Pacific Edge as it underpins the commercial capability of the company's products." While Pacific Edge would explore commercialisation opportunities for its gastric technology and continue to develop this towards a commercial product, its key focus remains on its Cxbladder products already in the market and the successful launch and further commercial development of the suite of Cxbladder products for detecting and managing bladder cancer. Pacific Edge was founded to use the latest developments in molecular biology to provide actionable diagnostic and prognostic tests that can contribute to a clinically meaningful difference in detection and management of cancer. "It is the driving force of our research and product development programs. We are now a fully-fledged cancer diagnostics company offering commercial products in New Zealand, Australia and the USA," David Darling says. For further information please contact David Darling Chief Executive Officer Pacific Edge Limited P: +64 (3) 479 5800 ABOUT PACIFIC EDGE Pacific Edge Limited (NZX: PEB) is a New Zealand based cancer diagnostic company specialising in the discovery and commercialisation of diagnostic and prognostic technology for the early detection and monitoring of cancer. Products in development and in clinical trials are accurate and simple to use genomic and proteomic tools for the earlier detection, improved characterisation and better management of gastric, bladder, colorectal cancers and melanoma. The Company has recently completed and released its first product for the detection of bladder cancer, Cxbladder, and is actively marketing the product to urologists in New Zealand, Australia and soon to be Spain and the USA. www.pacificedge.co.nz ABOUT PACIFIC EDGE DIAGNOSTICS Pacific Edge takes its exciting cancer detection tests to market through its wholly owned subsidiaries, Pacific Edge Diagnostics NZ Limited and Pacific Edge Diagnostics USA Limited, and selected commercial partners in Australia and Spain, Healthscope Pathology and Oryzon respectively. www.pacificedgedx.com ABOUT Cxbladder Cxbladder is a non-invasive, accurate test that enables the early detection of bladder cancer from a small volume of urine. It provides general practitioners and urologists with a quick, cost effective and accurate measure of the presence of the cancer and provides urologists with the opportunity to reduce their reliance on the need for invasive tests such as cystoscopy. The recently published, Journal of Urology in September 2012, multi-centre international clinical study recruited 485 patients from Australia and New Zealand. Results show that Cxbladder out-performed all other benchmark technologies in the clinical trial and detected nearly all of the tumours of concern to a urologist; At 85% specificity the test sees 100% of T1, T2, T3, Tis and greater than 95% of high grade tumours. www.cxbladder.com ABOUT BLADDER CANCER Globally, bladder cancer has the 9th highest incidence and the 4th highest incidence for men. One of the early symptoms of bladder cancer is the presence of blood in the urine, haematuria. People with haematuria often present to their general practitioner before being referred on to a urologist. There are a number of 'at risk' occupations that have shown a much higher incidence of bladder cancer. Fire fighters and fire control officers have shown in a US study to have a twice the incidence of bladder cancer over non fire fighters. Smoking is a significant contributing factor (over 50% in males and 33% in females, and approximately one of every two new incidences of bladder cancer is linked to smoking). Exposure to certain industrial chemicals or carcinogens increases risks for some occupations e.g. hairdressers, painters, printers, fire fighters and metal workers and chemical engineers. Incidence increases with age so the older you are, the greater the potential for bladder cancer. Bladder cancer has a very high recurrence rate of approximately 50%-70% with up to 30% of these recurring as later stage tumours. This is a higher recurrence than for skin cancer! However, bladder cancers are highly treatable, especially if detected in the early stages. If diagnosed early there is a much higher probability of survival for early stage tumours relative to later stage tumours. This makes timely and regular surveillance and monitoring of this cancer a key element of the clinical process and of the individual's annual healthcare plan. End CA:00261058 For:PEB Type:GENERAL Time:2015-02-24 15:43:03
Ann: GENERAL: PEB: Pacific Edge issued patent in Europe for gastric cancer
Add to My Watchlist
What is My Watchlist?