- Release Date: 16/02/16 17:31
- Summary: GENERAL: PEB: PE Announces New Commercial Partnership in Australia
- Price Sensitive: No
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PEB 16/02/2016 17:31 GENERAL NOT PRICE SENSITIVE REL: 1731 HRS Pacific Edge Limited GENERAL: PEB: PE Announces New Commercial Partnership in Australia 16 February 2016 Pacific Edge Announces New Commercial Partnership in Australia Cancer diagnostics company, Pacific Edge Limited (NZX:PEB) has announced a new commercial partnership with Tolmar Australia Pty Limited, a specialised uro-oncology company which provides medicine and support to men with advanced prostate cancer. Tolmar will provide sales and marketing for Pacific Edge's Cxbladder tests in Australia, supported by the Pacific Edge team in New Zealand and the company's Melbourne based in-country manager. Tolmar has a team of eight highly skilled and specialised sales people across Australia, who work closely with urologists and cancer experts to market and sell its proprietary palliative treatment for patients with advanced prostate cancer. The new commercial arrangement with Pacific Edge will see Tolmar's sales people encouraging trial and commercial use of Cxbladder with urologists. Pacific Edge Chief Executive Officer, David Darling, commented: "Tolmar has well developed relationships in the uro-cancer community and is highly regarded by urologists and cancer experts. This commercial partnership between the two companies will provide greater awareness and access to Cxbladder for healthcare specialists and their patients in Australia. "Our User Programmes continue to be a critical element in encouraging urologists to trial our products in their clinical settings prior to commercial use. We expect to see an increasing number of User Programmes in Australia going forward as we build our presence and look to boost commercial sales in this market." Tolmar Australia general manager, Dieter Torheiden, said: "Cxbladder technology provides an innovative and high performing suite of tests for the detection and better management of bladder cancer and we see them as providing significant value to the uro-oncology specialists that we work with on a daily basis. "We are looking forward to the opportunity of working with Pacific Edge to promote Cxbladder to our customers across Australia." Bladder cancer has the ninth highest incidence rate in the world but is highly treatable if detected in the early stages. In Australia, an estimated 42,000 people present with haematuria each year, one of the early signs of bladder cancer, with nearly 3,000 people in Australia estimated to have bladder cancer in 2015 . A number of validation studies have positioned Cxbladder as a leading non-invasive diagnostic tool for the early detection and management of bladder cancer. ENDS For more information contact: David Darling Chief Executive Officer Pacific Edge Ltd P: +64 (3) 479 5800 OVERVIEW www.pacificedge.co.nz www.pacificedgedx.com Pacific Edge Limited (NZX: PEB) is a New Zealand publicly listed, cancer diagnostic company specialising in the discovery and commercialisation of diagnostic and prognostic tests for better detection and management of cancer. The company is developing and commercialising its range of Cxbladder bladder cancer tests globally through its wholly owned central laboratories in New Zealand and the USA. The company's products have been tested and validated in international multi-centre clinical studies. Pacific Edge has two proprietary, novel, accurate, molecular diagnostic products in-market providing actionable results, and better detection and management of urothelial cancer. Cxbladder Detect is available through the company's dedicated CLIA certified laboratories for customers in New Zealand, Australia and the USA. Cxbladder Triage is available in New Zealand and Australia. Cxbladder Monitor launched in New Zealand in December 2015 and is anticipated being available in the US in 2016. ABOUT Cxbladder Triage www.cxbladder.com Cxbladder Triage combines the power of the genomic biomarkers with additional phenotypic and clinical risk factors to accurately identify patients with haematuria who have a low probability of bladder cancer and may not require a more extensive urological evaluation. Cxbladder Triage is a tool for use by clinicians and physicians in primary evaluation of patients with hematuria and is intended to reduce the need for an expensive and invasive work-up in patients who have a low probability of having urothelial carcinoma. ABOUT Cxbladder Detect www.cxbladder.com Cxbladder Detect enables the non-invasive detection of bladder and other urinary tract cancers from a small volume of a patients' urine. Cxbladder Detect was launched in 2013 in the USA and is commercially available in New Zealand, Australia and the USA as a Laboratory Developed Test (LDT) from the company's CLIA certified laboratories. Cxbladder Detect provides physicians and clinicians with a quick, cost effective and accurate measure of the presence of the cancer as an effective adjunct to cystoscopy. ABOUT Cxbladder Monitor www.cxbladder.com Cxbladder Monitor, the third test in the Cxbladder portfolio for urologists, is a proprietary, non-invasive, molecular diagnostic test that combines genomic biomarkers measured from a small quantity of a patient's urine, with patient specific clinical factors to better monitor bladder cancer patients for recurrence. Bladder cancer has a recurrence rate of 50-80% and requires life-long surveillance. Cxbladder Monitor accurately identifies patients with a prior history of urothelial cancer (UC) whose Cxbladder Monitor score shows that they have a low probability of recurrent urothelial carcinoma. Cxbladder Monitor is designed to be used as the preferred adjunct test to cystoscopy in the management of patients for ongoing evaluation of recurrent bladder cancer. Refer to www.cxbladder.com for more information. End CA:00277728 For:PEB Type:GENERAL Time:2016-02-16 17:31:38
Ann: GENERAL: PEB: PE Announces New Commercial Partnership in Australia
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