Renalytix (Reg S) (RENX)

Sector:

Health Care

Index:

FTSE AIM All-Share

16.50p
   
  • Change Today:
    -1.00p
  • 52 Week High: 145.00
  • 52 Week Low: 10.25
  • Currency: UK Pounds
  • Shares Issued: 154.37m
  • Volume: 763,090
  • Market Cap: £25.47m
  • RiskGrade: 348

Renalytix AI enters new partnership in America's 'diabetes belt'

By Josh White

Date: Wednesday 19 May 2021

LONDON (ShareCast) - (Sharecast News) - Renalytix AI announced a partnership with Atrium Health, Wake Forest Baptist Health and Wake Forest School of Medicine on Wednesday, to implement an advanced clinical care model designed to improve kidney health and reduce kidney disease progression and kidney failure in high-risk populations.

The AIM-traded firm said its 'KidneyIntelX' bio-prognostic platform for early-stage diabetic kidney disease risk assessment would be available through Atrium Health's electronic health record (EHR) system, providing access to primary care physicians, endocrinologists, nephrologists and care teams across 37 hospitals and more than 1,350 care locations in the Carolinas and Georgia.

Atrium Health, based in Charlotte, North Carolina, serves more than seven million people in the region, providing care under the 'Wake Forest Baptist Health' name in the Winston-Salem area, and 'Atrium Health Navicent' in Georgia.

Renalytix said it would co-locate personnel in Winston-Salem to support the partnership program with Wake Forest School of Medicine at the iQ Healthtech Labs in the city's innovation district.

The company said the new programme would initially target diabetes-associated kidney disease, a critical healthcare need in the region served by Atrium Health and designated by the Centers for Disease Control and Prevention as the 'diabetes belt' and the 'kidney disease belt'.

In the region in particular, but also nationally and internationally, costs and patient suffering related to diabetes and its associated complications were increasing at what the board described as "unsustainable" rates.

"Our commitment to advancing kidney health with KidneyIntelX is strategically aligned with Atrium Health and Wake Forest Baptist Health's goal to advance care delivery using innovative precision medicine guided care," said chief executive officer James McCullough.

"Renalytix values this opportunity to demonstrate clear, informative evidence of the value of a comprehensive care solution in a region of the United States particularly challenged by diabetic kidney disease.

"That evidence is important for clinicians, patients, regulators and payers."

At 0910 BST, shares in Renalytix AI were up 1.01% at 1,045.5p.

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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.

 

RENX Market Data

Currency UK Pounds
Share Price 16.50p
Change Today -1.00p
% Change -5.71 %
52 Week High 145.00
52 Week Low 10.25
Volume 763,090
Shares Issued 154.37m
Market Cap £25.47m
RiskGrade 348

RENX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.59% below the market average7.59% below the market average7.59% below the market average7.59% below the market average7.59% below the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average
Price Trend
89.44% below the market average89.44% below the market average89.44% below the market average89.44% below the market average89.44% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Income Not Available
Growth
22.32% above the market average22.32% above the market average22.32% above the market average22.32% above the market average22.32% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

RENX Dividends

No dividends found

Trades for 31-May-2024

Time Volume / Share Price
16:37 175,000 @ 14.93p
16:19 25,000 @ 16.65p
16:10 92 @ 16.30p
16:06 7,000 @ 16.30p
16:05 9,319 @ 16.00p

RENX Key Personnel

CEO James Renwick McCullough

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