Monday 28th March 2011 |
Text too small? |
Dunedin-based biomedical company Pacific Edge has signed an agreement with Australian health care provider Healthscope to market its test for the detection of bladder cancer.
Under the deal, Healthscope Pathology would market and offer laboratory services to urologists and general practitioners for the detection of bladder cancer using Cxbladder in Australia, Pacific Edge said today.
Pacific Edge would provide services to New Zealand urologists and GPs through its subsidiary Pacific Edge Diagnostics NZ, with its diagnostic laboratory based in Dunedin.
It would retain the rights to the rest of the world for the marketing of Cxbladder.
Terms of the licence agreement were confidential.
Cxbladder was a non-invasive, accurate test that enabled the early detection of bladder cancer from a small volume of urine, Pacific Edge said.
It provided a quick, cost effective and accurate measure of the presence of the cancer, and could reduce reliance on the need for invasive tests such as cystoscopy.
Products in development and in clinical trials included tools for detecting and managing gastric, bladder, colorectal, endometrial cancers and melanoma, Pacific Edge said.
Its shares were up 0.5c by late morning to 20c.
NZPA
No comments yet
August 1st Morning Report
Infratil releases Climate Related Disclosures
The Warehouse Group Appoints Chief Digital & Transformation
The Financial Collapse Has Already Begun - Will You Be Caught Off Guard?
NWF - IMPLEMENTATION OF SCHEME OF ARRANGEMENT
EROAD Publishes FY25 Group Climate Statement
Synlait provides performance update
Air New Zealand Chief Executive Officer Appointment
July 30th Morning Report
IKE 1Q FY26 Performance Update