Renalytix (Reg S) (RENX)

Sector:

Health Care

Index:

FTSE AIM All-Share

10.75p
   
  • Change Today:
      0.79p
  • 52 Week High: 50.40p
  • 52 Week Low: 6.75p
  • Currency: UK Pounds
  • Shares Issued: 189.93m
  • Volume: 1,207,007
  • Market Cap: £20.42m
  • RiskGrade: 348
  • Beta: 1.27

Renalytix launches new US provider access portal

By Josh White

Date: Wednesday 09 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Renalytix announced the launch of the new 'myIntelX' provider access portal on Wednesday, to provide access for United States physicians to order 'KidneyIntelX' bioprognostic testing to identify type-2 diabetes patients at the greatest risk of rapid kidney disease progression.
The AIM-traded firm said the portal was being launched in conjunction with the launch of KidneyIntelX testing within Atrium Health, which previously announced a collaboration with Renalytix in May 2021.

It said the portal would "streamline" ordering and reporting for current testing locations across the US, including CDPHP health plans in New York state and testing in the Veterans Health Administration (VHA) in Florida.

As part of the regional and VHA expansion for KidneyIntelX, testing was currently live in the Mount Sinai Health System in New York and Wake Forest in North Carolina, and was expected to be implemented within St. Joseph's in New York, Singing River Health System in Mississippi, the University of Utah in Utah, and several additional VHA centres across the country before the end of June.

"Virtual capability provided through our myIntelX portal is an important step towards expanding access nationally to the KidneyIntelX proprietary technology," said company president Tom McLain.

"MyIntelX now makes simple, early-stage risk assessment available online for practices that might not otherwise have access to KidneyIntelX integrated ordering through our large-scale health system partnerships."

Renalytix said the launch version of the myIntelX portal would support the "secure and efficient" execution of both test ordering and report delivery of KidneyIntelX.

The portal was designed for scalability, with additional features to support provider and patient education and engagement to follow as part of the fully-integrated KidneyIntelX platform.

After a provider registered with myIntelX, Renalytix said it would enable training and support through its commercial sales and client service teams to implement and sustain testing in independent practices.

Renalytix said it would continue to process all tests through its clinical laboratories.

"There are over 37 million Americans with chronic kidney disease, which can be largely treatable or even preventable, but only when identified and intervened within its early stages," said chief medical officer Dr Michael Donovan.

"The quality of primary care for patients with chronic kidney disease is impacted by patient volume, comorbidities, geography, and socioeconomic disparities.

"Providing a mechanism that facilitates patient identification, access and monitoring is the first step towards improving overall care."

At 1211 GMT, shares in Renalytix were up 16.49% at 332p.

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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 10.75p
Change Today 0.79p
% Change 7.93 %
52 Week High 50.40p
52 Week Low 6.75p
Volume 1,207,007
Shares Issued 189.93m
Market Cap £20.42m
Beta 1.27
RiskGrade 348

RENX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.43% above the market average16.43% above the market average16.43% above the market average16.43% above the market average16.43% above the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average
Price Trend
76.86% below the market average76.86% below the market average76.86% below the market average76.86% below the market average76.86% below the market average
67.57% below the sector average67.57% below the sector average67.57% below the sector average67.57% below the sector average67.57% below the sector average
Income Not Available
Growth
34.7% below the market average34.7% below the market average34.7% below the market average34.7% below the market average34.7% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

RENX Dividends

No dividends found

Trades for 24-Dec-2024

Time Volume / Share Price
11:37 250,000 @ 10.50p
11:24 200,000 @ 10.50p
12:15 1,822 @ 10.98p
12:06 4,625 @ 10.81p
11:53 46,253 @ 10.81p

RENX Key Personnel

CEO James Renwick McCullough

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