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Angle PLC Announces Launch of PD-L1 Test to Support Cancer Studies - Seite 2
The global PD-1 and PD-L1 immunotherapy market is currently valued at US $36.9 billion per annum, and analysts predict the market to reach US $109.1 billion by 2032. Despite the rapid expansion of the immunotherapy market, with many indications approved under accelerated approval, this class of drug has been challenged by the withdrawal of a range of indications due to the failure to subsequently confirm the clinical benefit in such indications in larger trials. As such, a test that can help with patient stratification in biopharmaceutical drug trials, and act as an early predictor of treatment response and disease recurrence could provide earlier insight into critical efficacy endpoints.
ANGLE Founder and Chief Executive, Andrew Newland, commented:
"Whilst immune checkpoint inhibitors have achieved remarkable progress in tumour treatment, the cost of treatment is high and currently the majority of patients fail to respond.
ANGLE's Portrait PD-L1 test provides accurate, repeatable, and precise PD-L1 identification on CTCs and hence has the potential to streamline patient selection and optimise PD-L1 monitoring for treatment response and disease progression throughout clinical studies.
We are now beginning an active promotion of this test to biopharma customers."
For further information:
ANGLE plc |
+44 (0) 1483 343434 |
Andrew Newland, Chief Executive Ian Griffiths, Finance Director |
|
Berenberg (NOMAD and Joint Broker) Toby Flaux, Ciaran Walsh, Milo Bonser |
+44 (0) 20 3207 7800 |
Jefferies (Joint Broker) Thomas Bective, Shaam Vora, Alexander Ind |
+44 (0) 20 7029 8000 |
FTI Consulting Simon Conway, Ciara Martin Matthew Ventimiglia (US) |
+44 (0) 203 727 1000 +1 (212) 850 5624 |
For Research Use Only. Not for use in diagnostic procedures.