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 reports positive study on clinical value of KidneyIntelX

By Josh White

Date: Wednesday 19 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Biotechnology company Renalytix announced the publication of new case studies in the Diabetic Nephropathy journal on Wednesday, highlighting the clinical value of 'KidneyIntelX' in risk stratification for the management of type-2 diabetes and chronic kidney disease (CKD).
The AIM-traded firm said the study emphasised the importance of early risk assessment to reduce the likelihood of progression to kidney failure and dialysis.

It said the case studies were carried out by a multidisciplinary clinical advisory panel that examined four different physicians' management of four patient cases using KidneyIntelX.

The study identified the lack of CKD education and patient awareness as barriers to care management in primary care settings.

It also emphasised the need for type-2 diabetic patients to learn about CKD management to improve health behaviour and medication compliance.

The study also noted that the lack of risk assessment tools in primary care often prevented the identification of high-risk patients in the early stages of CKD.

It described KidneyIntelX as a "bioprognostic tool" incorporating well-validated prognostic protein biomarkers, which could help to predict rapid kidney function decline in early-stage CKD patients.

The board said the proactive approach would help clinicians to optimise care and change the trajectory of chronic kidney disease before the onset of severe or irreversible kidney damage.

"This independent review reinforces the importance of KidneyIntelX early prognosis in patients with kidney disease and type-2 diabetes," said the company's chief medical officer Michael Donovan.

"These utility results were well represented in 'real-time' with the reported case studies and the introduction of the KidneyIntelX bioprognosis supporting clinical decision making and care optimisation across a spectrum of kidney event risk."

At 1238 BST, shares in Renalytix were flat at 93p.

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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