VolitionRx Ltd hails positive results from its Nu.Q studies
VolitionRx Limited (NYSEMKT:VNRX) said new data confirms previous test results that Volition’s novel blood test can accurately detect colorectal cancer and reduce colonoscopies.
The shares rose 1.8% to US$3.44 on the reassuring news, which was presented at the Digestive Disease Week 2017 conference in Chicago.
The Nu.Q Colorectal Cancer Screening Triage Test continues to reduce the total number of colonoscopy referrals while maintaining high sensitivity for cancer detection, Volition told delegates.
READ VolitionRX kicks off Nu.Q colorectal cancer screening test in Denmark
“We have successfully completed this key clinical milestone in the launch of our Nu.Q Triage product. This study, with the total cohort totalling just under 8000 subjects demonstrates that the Nu.Q Triage test was able to prevent 24.5% of colonoscopies and detect almost 95% of colorectal cancers and 87.9% of high-risk adenomas,”said Louise Day, chief marketing and communications officer at Volition.
“It further strengthens the case for the Nu.Q Colorectal Cancer Screening Triage test to be incorporated into colorectal cancer screening programs,” she added.
Professor Hans Jorgen Nielsen from Hvidovre Hospital, University of Copenhagen, added his support for the Nu.Q diagnostic test.
“These results, from a very large data set, confirm that the Nu.Q Triage test has the potential to accelerate the diagnosis of colorectal cancer, by reducing the number of unnecessary colonoscopies being performed thereby allowing more people to be screened quickly and effectively,” he said.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/177537/volitionrx-ltd-hails-positive-results-from-its-nuq-studies-177537.html
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