Angle (AGL)

Sector:

Support

Index:

FTSE AIM All-Share

14.33p
   
  • Change Today:
      0.33p
  • 52 Week High: 31.40
  • 52 Week Low: 9.25
  • Currency: UK Pounds
  • Shares Issued: 260.58m
  • Volume: 1,016,026
  • Market Cap: £37.35m
  • RiskGrade: 312

Angle's 'Parsortix' advantageous in breast cancer in new research

By Josh White

Date: Monday 20 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Angle announced on Monday that the University of Southern California (USC) has published peer-reviewed results of new work undertaken in metastatic breast cancer (MBC), highlighting advantages of a 'Parsortix' liquid biopsy, compared to standard-of-care tissue biopsy.
The AIM-traded firm said that, in addition to the known advantages of a non-invasive, repeatable, low cost procedure, the research showed that potential actionable therapeutic targets were found in the Parsortix liquid biopsy that were missed in the tissue biopsy of a single metastatic site.

It explained that the research investigated concordance between cancer cells obtained from the blood test, with CTCs harvested by Parsortix, and cancer cells obtained from the metastatic tissue biopsy, across 4,600 medically-relevant genes.

The study demonstrated that the use of single-site metastatic tumour biopsy, which is standard of care under the National Comprehensive Cancer Network (NCCN) US national cancer guidelines, was unlikely to provide complete insight into tumour mutational status.

Tissue biopsy was also limited by the quality, quantity and availability of tumour tissue.

The study concluded that medically significant mutations could be found in the CTCs that are not expressed in the metastatic tissue biopsy.

A total of 51 actionable genes were identified in the CTCs, including the 39 most frequently-mutated genes in metastatic breast cancer.

Angle said the study demonstrated key capabilities of Parsortix for metastatic breast cancer, which is the area of focus for its Food and Drug Administration (FDA) submission currently in preparation, with the aim of submitting later in the current quarter.

The company said the research was published as a peer-reviewed publication in the International Journal of Molecular Sciences.

"This study highlights both practical advantages of the Parsortix liquid biopsy in allowing non-invasive repeat biopsies in metastatic breast cancer and technical advantages in identifying actionable therapeutic targets that may be missed when relying on a single site tissue biopsy," said Julie Lang, associate professor at the Keck School of Medicine at USC.

Angle founder and chief executive officer Andrew Newland added that the demonstration of advanced gene expression analysis techniques on CTCs harvested by Parsortix highlighted an "important potential clinical use" of the system.

"[That use can occur] once FDA clearance for metastatic breast cancer has been secured."

At 0957 BST, shares in Angle were down 1.79% at 55p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Angle Market Data

Currency UK Pounds
Share Price 14.33p
Change Today 0.33p
% Change 2.38 %
52 Week High 31.40
52 Week Low 9.25
Volume 1,016,026
Shares Issued 260.58m
Market Cap £37.35m
RiskGrade 312

Angle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
11.8% below the market average11.8% below the market average11.8% below the market average11.8% below the market average11.8% below the market average
44.44% above the sector average44.44% above the sector average44.44% above the sector average44.44% above the sector average44.44% above the sector average
Price Trend
43.78% below the market average43.78% below the market average43.78% below the market average43.78% below the market average43.78% below the market average
58% below the sector average58% below the sector average58% below the sector average58% below the sector average58% below the sector average
Income Not Available
Growth
13.68% below the market average13.68% below the market average13.68% below the market average13.68% below the market average13.68% below the market average
13.13% below the sector average13.13% below the sector average13.13% below the sector average13.13% below the sector average13.13% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Angle Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
12:21 3,000 @ 14.88p
12:04 35 @ 14.95p
11:38 6,711 @ 14.90p
11:30 669 @ 14.95p
10:55 8,000 @ 14.88p

Angle Key Personnel

CEO Andrew D Newland
Finance Director Ian F Griffiths
Chair Jan Groen

Top of Page