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 hits patient milestone for kidney and diabetes 'biorepository'

By Josh White

Date: Tuesday 29 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Renalytix announced on Tuesday that it has reached an enrollment milestone for its kidney disease and diabetes medicine platform.
The AIM-traded firm said its proprietary 'Renalytix Accelerating Precision medicine In Diabetes', or 'RAPID', biorepository was on track to exceed 4,000 unique patient specimens with matching, deidentified electronic health record data in 2022 through its real-world evidence program.

It said RAPID, in combination with contracted access to large medical centre patient cohorts, would enable its 'KidneyIntelX' platform to improve its 'bioprognostic' methodology and therapeutic response monitoring, and support expanded regulatory and reimbursement initiatives.

The RAPID biorepository was started in 2020 as a key part of the company's real-world evidence clinical study programme to accelerate the development of precision medicine products and services.

Renalytix said it expected total biospecimen access for the KidneyIntelX platform to exceed 30,000 unique patient specimens by 2024.

The biorepository was expected to grow into "one of the largest" real-world patient biobanks for kidney disease and diabetes, the board said.

"The RAPID biorepository is an invaluable and unique source of serial patient blood and data that can accelerate product validation and provide actionable insights to help patients suffering with kidney disease and diabetes," said chief technology officer Fergus Fleming.

"For the KidneyIntelX platform, this will allow us to drive the development of successive versions of KidneyIntelX to address important gaps in care.

"Together with our many collaborators, we share the vision for a new future for kidney health, where patients and providers have access to tools for ensuring the right treatment for the patients at the right time."

At 1239 BST, shares in Renalytix were up 2% at 255p.

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.

 

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

Top of Page