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ANGLE completes FDA submission for Parsortix system for metastatic breast cancer

ANGLE PLC's (LON:AGL, OTCQX:ANPCY) Andrew Newland talks to Proactive's Katie Pilbeam after announcing the completion of their submission to the FDA for its Parsortix PC1 liquid biopsy for use in women with metastatic breast cancer (MBC).

Newland calls the announcement 'a massive day' after five years' work, including over 400 technical reports and documents and the results from 15,000 samples, have now been submitted to the FDA.

He goes on to explain that the process could take six months to complete but alludes to similar companies who have completed a similar trajectory who 'have achieved investor valuations of multiple billions of dollars' as a consequence.

Quick facts: ANGLE PLC

Price: 47.5 GBX

AIM:AGL
Market: AIM
Market Cap: £82.08 m
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ANGLE PLC: Proactive One2One Virtual Conference

ANGLE PLC's (LON:AGL) CEO Andrew Newland and finance director Ian Griffiths present at the Proactive One2One Virtual Conference. ANGLE develops products for use in rare cell diagnostics that enable early, accurate identification of an individual’s condition for the prevention, treatment, and...

on 29/8/20

2 min read