VolitionRx Limited executes first supply and licensing contract for its Nu.Q Vet Cancer Screening Test in Asia
The contract is with Singapore-based SAGE Healthcare, a leading distributor of premium veterinary products and services in the region
Company
NYSE:VNRX
VolitionRx Limited is a multi-national epigenetics company developing simple, easy-to-use, cost-effective blood tests to help diagnose a range of cancers and other diseases. Early diagnosis has the potential to not only prolong the life of patients but also to improve their quality of life. The tests are based on the science of Nucleosomics, which is the practice of identifying and measuring nucleosomes in the bloodstream or other bodily fluid - an indication that disease is present. Volition is primarily focused on human diagnostics but also has a subsidiary focused on animal diagnostics. Volition's research and development activities are centered in Belgium, with additional offices in Texas, London and Singapore, as the company focuses on bringing its diagnostic products to market.
89 stories · page 3 of 5
The contract is with Singapore-based SAGE Healthcare, a leading distributor of premium veterinary products and services in the region
The company is in advanced negotiations with three top veterinary companies and anticipates signing a term sheet for Nu.Q Vet licensing and distribution with one of those parties before the end of 2021
With a balance sheet of $19.4 million as of December 31, 2020, the company continues to manage expenditures carefully with a cash burn rate of about $2 million per month
The company has been working with researchers at two NHS Foundation Trusts on coronavirus (COVID-19) studies for which abstracts were released this week
During the quarter, Volition initiated production of Nu.Q product components at scale at its Silver One manufacturing facility in Isnes, Belgium
The NuQ platform looks for molecular signatures of cancer by focusing on the nucleosomes — a section of DNA wrapped around a core of proteins — in the blood
Nguyen is currently serving as Head of Human Resources for Google Asia Pacific, while Brudnick has held senior positions in a number of pharmaceutical companies
Following a public offering in February, the firm’s cash and equivalents totaled $40 million before deducting expenses incurred so far in 2021
The company said an abstract on the findings has been released at a virtual meeting of the International Society for Apheresis
VolitionRx shares advance on promising test accuracy for prostate cancer
The NYSE-listed firm said it has begun an evaluation of its Nu.QTM Colorectal Cancer Triage product in a Taiwanese population of 383 subjects
The CE Mark will make the blood test potentially saleable in all 28 EU countries.
In September, VolitionRx said it expects to receive European Union CE Marking on its Nu. Q colorectal cancer blood test later this year.
A first NuQ blood test will be launched for colorectal cancer later this year in Europe
Chief executive Cameron Reynolds told Proactive: "It's one thing to be a science project. It's another to have products and we are right on the cusp of that.”
Cancer diagnostics group VolitionRx Ltd is gearing up for the initial market entry of its NuQ blood tests with the appointment of an experienced marketing executive.
Cancer diagnostics and life sciences group VolitionRx Ltd reached yet another milestone - with the award of CE marks for two of its blood-based tests for detecting colorectal cancer.
Cancer diagnostics group VolitionRx Limited has raised around US$12.8mln from its share placing, which will be used to further the business, including for clinical studies and product commercialisation.
The company is currently going through the approval process for a European CE mark
The NuQ test measures nucleosomes in the bloodstream – an indication that cancer is present.