PEB pacific edge limited

Ann: GENERAL: PEB: MidCentral DHB first in New Ze

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    • Release Date: 30/05/13 13:22
    • Summary: GENERAL: PEB: MidCentral DHB first in New Zealand to utilise Cxbladder
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    PEB
    30/05/2013 11:22
    GENERAL
    
    REL: 1122 HRS Pacific Edge Limited
    
    GENERAL: PEB: MidCentral DHB first in New Zealand to utilise Cxbladder
    
    MidCentral DHB first in New Zealand to utilise Cxbladder
    
    MidCentral District Health Board, based in Palmerston North, is set to become
    the first district health board in New Zealand to become a commercial
    customer for Pacific Edge's diagnostic cancer test Cxbladder. MidCentral will
    be looking to provide patients with a better clinical outcome as well as make
    considerable savings and efficiencies from its use.
    
    Beginning in June, MidCentral DHB will begin evaluating 400 patients over a
    24-month period to determine the clinical utility of Cxbladder to prioritise
    at-risk patients, and establish the level of savings that can be achieved
    from screening out patients who do not need a full and expensive urological
    work up for bladder cancer. Typically less than five percent of those
    patients who present to their clinician with micro-haematuria (non-visible
    blood in urine of clinical significance) will be diagnosed with bladder
    cancer.
    
    Pacific Edge Chief Executive Officer David Darling says MidCentral DHB's goal
    is to triage patients early by utilising Cxbladder - a test that enables the
    detection of bladder cancer from a small volume of urine. Results from peer
    reviewed multi-centre clinical trials of 485 patients published in the
    prestigious Journal of Urology in the United States last year showed that
    Cxbladder outperformed all other benchmark technologies and identified nearly
    all tumours of interest to clinicians.
    
    A full clinical work-up for bladder cancer is estimated to cost up to $2000.
    If conservatively, 80 percent of patients presenting with micro-haematuria
    can avoid the distress and inconvenience of a full bladder cancer evaluation,
    the cost savings for MidCentral DHB would be significant and would enable the
    more efficient use of DHB urological, clinical and pathology services."
    
    "Applied across the country at other DHB's, the potential for savings within
    the public health system would be considerable," David Darling says.
    
    Recently, Health Minister Tony Ryall1 told district health boards that the
    time taken to deliver the results of diagnostic tests is unacceptably long,
    with patients in some instances waiting a year. He has set a "gold standard"
    of a maximum turnaround of six weeks for diagnostics tests.
    
    "Pacific Edge, with its capability to process up to 35,000 Cxbladder tests a
    year through our Dunedin laboratory, is confident that it can assist district
    health boards to exceed the Minister's target by a comfortable margin," David
    Darling says. Cxbladder has a brand commitment to deliver test results to
    clinicians and their patients within five working days.
    
    Operations Director, Hospital Services at MidCentral Health Lyn Horgan said:
    "Participation in the Pacific Edge Cxbladder program is seen as an exciting
    opportunity which will clearly identify benefits for urological patients
    presenting with micro haematuria.  The ability to undertake this diagnostic
    test will result in patients at risk of urothelial cancer being diagnosed
    earlier which potentially will improve the patient overall outcome."
    
    Discussions are also underway with another New Zealand's district health
    board to adopt Cxbladder as a diagnostic test for patients presenting with
    macro-haematuria (visible blood in urine) and micro-haematuria. "In light of
    these developments it is anticipated that other DHBs will be looking to take
    advantage of this technology to improve patient outcomes and lower costs,"
    David Darling says.
    
    Cxbladder, the first commercial diagnostic cancer test launched by Pacific
    Edge, has gained recognition for its accuracy from leading urology practices
    in Australia, New Zealand and the United States.
    
    "Clinicians in all three countries are using Cxbladder as a quick, cost
    effective and accurate measure to identify those patients presenting with
    haematuria who have tumours requiring further treatment. Pacific Edge is
    delighted that MidCentral DHB has taken the lead in identifying the potential
    of Cxbladder to deliver higher standards of care and service to patients,
    while also making more efficient use of  their resources."
    
    1: Minister of Health Tony Ryall, media release 22 May 2013
    http://www.beehive.govt.nz/release/focus-wait-times-diagnostic-tests
    
    For further information please contact
    David Darling
    Chief Executive Officer
    Pacific Edge Limited
    P: +64 (3) 4795800
    
    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 USA and
    soon to Spain.
    
    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.
    
    Tony Ryall
    22 May 2013
    Focus on wait times for diagnostic tests Health Minister Tony Ryall has told
    district health boards (DHBs) to focus on improving waiting times for
    diagnostic tests.
    Mr. Ryall said even though thousands more diagnostic tests, such as MRI and
    CT scans, are being performed under this Government - people in some parts of
    the country are waiting too long.
    
    "We want shorter waits for diagnostic tests. These tests help determine if
    patients require an operation or other treatment. "Over the past four years
    this government has significantly increased the number of people having
    elective surgery and reduced the length of time people wait for a first
    specialist appointment - our focus is now on reducing wait times for
    diagnostic tests where there are unacceptable waits.
    
    "We have set a "gold standard" of 95 per cent of patients receiving their
    diagnostic tests in 6 weeks or less by 2015/16. DHBs have step measures over
    the next three years to reach the gold standard.
    
    "Currently 75 per cent of patients across the country are receiving their CT
    scan within 6 weeks and just over half are receiving their MRI scan within 6
    weeks.
    "Most DHBs are doing well. However, in some areas, such as Dunedin, wait
    times for non-urgent routine MRI scans can be up to 35 weeks.
    
    "When we introduced a "gold standard" wait time for cancer treatment in 2009
    some DHBs had unacceptable waits - however over the past few years we have
    moved that up so all patients ready for treatment now wait less than four
    weeks for radiotherapy or chemotherapy treatment."
    
    Urgent and semi-urgent scans are dealt with much sooner. Non-urgent routine
    MRI scans include scans for general check-ups after surgery or checking if a
    family member with no symptoms is affected by a hereditary disease.
    
    "This challenge is not new. In 2005 over 500 Canterbury patients were waiting
    more than a year for an MRI scan. And Southland Hospital's radiology
    department limped along for years with only half the radiologists needed to
    run the service," says Mr. Ryall.
    
    "In Budget 2012, the National Government announced plans to invest $16
    million over four years for the faster diagnostic project to improve
    reporting and access to diagnostic tests and reduce waiting times.
    
    "As part of the project, DHBs are for the first time collecting wait time
    data for a range of diagnostic tests to identify where there are hold ups in
    their system and where they can make improvements.
    
    "DHBs in most parts of the country are making improvements as a result of the
    data. Capital and Coast DHB, for example, have increased the number of MRI
    scans performed by 25 per cent in the second half of last year by increasing
    their working hours, working closely with their neighboring DHBs, and
    outsourcing some of the scans.
    
    "Last year the Ministry of Health appointed Dr Alan List, a radiologist at
    Auckland DHB, to lead this work. He is travelling around the country visiting
    all DHBs to provide them with advice and support," Mr. Ryall says.
    
    "We have achieved shorter waiting times for elective surgery and first
    specialist appointments and with our focus now moving to waiting times for
    diagnostic tests, I expect these to also reduce further."
    End CA:00236858 For:PEB    Type:GENERAL    Time:2013-05-30 11:22:48
    				
 
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