NetScientific (NSCI)

Sector:

Financials

 63.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 79.50
  • 52 Week Low: 49.00
  • Currency: UK Pounds
  • Shares Issued: 23.95m
  • Volume: 14,893
  • Market Cap: £15.09m
  • RiskGrade: 410

NetScientific's Vortex BioSciences makes first commercial sale of VTX-1

By Josh White

Date: Tuesday 07 Nov 2017

LONDON (ShareCast) - (ShareCast News) - Healthcare intellectual property commercialisation group NetScientific noted on Tuesday that its portfolio company, Vortex BioSciences, has announced its first direct commercial sale of its VTX-1 Liquid Biopsy System - a fully automated benchtop system for collecting intact circulating tumour cells (CTCs).
The AIM-traded firm said Vortex's VTX-1 Liquid Biopsy System automates the capture and collection of viable CTCs directly from whole blood for analysis.

It said circulating tumour cells, which are shed into the circulation, offered researchers "new insights" into patients' cancer biology.

Using proprietary microfluidics technology, the Vortex VTX-1 traps unlabeled CTCs in microscale vortices from whole blood, allowing researchers to perform processes such as "whole genome amplification" and targeted "next-generation sequencing" to better understand cancer progression and potentially develop new methods of disease identification and monitoring.

"We are delighted to announce the first sale of Vortex's VTX-1, which represents an important step in the company's commercialisation journey," said Vortex chairman Francois Martelet and NetScientific CEO Francois Martelet.

"The system combines industry-leading purity and high CTC capture rates of between 65%-75%, which we believe can give researchers the opportunity to open new windows into our understanding of cancer.

"Vortex Biosciences is a core element of NetScientific's portfolio, and we believe the performance of the VTX-1 system and its ease of use, will ensure it emerges as a leader in the highly exciting and rapidly developing CTC field."

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NetScientific Market Data

Currency UK Pounds
Share Price 63.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 79.50
52 Week Low 49.00
Volume 14,893
Shares Issued 23.95m
Market Cap £15.09m
RiskGrade 410

NetScientific Star Ratings

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Key: vs Market vs Sector
Value
42.39% above the market average42.39% above the market average42.39% above the market average42.39% above the market average42.39% above the market average
19.63% above the sector average19.63% above the sector average19.63% above the sector average19.63% above the sector average19.63% above the sector average
Price Trend
11.99% below the market average11.99% below the market average11.99% below the market average11.99% below the market average11.99% below the market average
3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average
Income Not Available
Growth
52.94% above the market average52.94% above the market average52.94% above the market average52.94% above the market average52.94% above the market average
59.26% above the sector average59.26% above the sector average59.26% above the sector average59.26% above the sector average59.26% above the sector average

NetScientific Dividends

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Trades for 26-Apr-2024

Time Volume / Share Price
16:00 2,500 @ 62.81p
15:58 5,000 @ 62.74p
14:29 1,100 @ 61.50p
14:07 3 @ 61.00p
13:00 1,700 @ 61.00p

NetScientific Key Personnel

CEO Ilian Iliev
CFO Stephen Crowe

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