Renalytix (Reg S) (RENX)

Sector:

Health Care

Index:

FTSE AIM All-Share

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

Renalytix rises on publication of positive evidence

By Josh White

Date: Tuesday 29 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Renalytix announced new real-world evidence, printed in the Primary Care and Community Health publication, on Tuesday.
The AIM-traded firm said the evidence demonstrated that its 'KidneyIntelX' bioprognostic test resulted in changed clinical decision-making for patients in the early stages of diabetic kidney disease being cared for within the Mount Sinai Health System's Population Health Ambulatory Pharmacy and Condition Management programmes.

It said the majority of patients were being treated by their primary care physician.

Renalytix said prediction of risk for kidney disease progression in early-stage diabetic kidney disease was often not assessed at the primary care level, resulting in more than 50,000 individuals per year with diabetes progressing to kidney failure, dialysis or a kidney transplant.

By integrating an "easily interpretable, accurate prognostic tool" that assigns a risk score for progressive decline in kidney function, KidneyIntelX was designed to help providers act earlier to slow or stop the progression to kidney failure.

"The impacts of KidneyIntelX early risk assessment, even at this interim six-month time point, are very encouraging that we can proactively move to control cost and outcomes in diabetes and kidney disease," said the company's chief medical officer Michael Donovan.

"Enabling primary care physicians to recognize risk and clinically manage patients DKD can potentially eliminate unnecessary events from uncontrolled disease progression, including kidney failure and dialysis.

"We look forward to continuing published data releases at the one-year mark," Dr Donovan added.

At 1629 GMT, shares in Renalytix were up 11.54% at 72.5p.

Reporting by Josh White for Sharecast.com.

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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 50.40
52 Week Low 6.75
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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