Immunovia presents data from model development study at meeting of the PRECEDE pancreatic cancer research consortium
Rhea-AI Summary
Immunovia will present updates on its next-generation pancreatic cancer detection test at the annual PRECEDE Consortium meeting. The test showed 85% sensitivity and 98% specificity in a model-development study of 623 patient samples. The PRECEDE Consortium, comprising 51 pancreatic centers worldwide, aims to increase five-year survival rates to 50% through early detection research. The consortium has enrolled over 7,000 of its targeted 10,000 high-risk patients. Immunovia plans to complete clinical validation in December 2024 and launch the test in 2025.
Positive
- Strong test performance metrics with 85% sensitivity and 98% specificity
- Collaboration with major research consortium (51 centers) strengthening clinical validation
- Clear timeline for product launch in 2025
Negative
- Product launch not expected until late 2025
- Clinical validation study still pending completion
Insights
The presentation of Immunovia's next-generation pancreatic cancer detection test shows promising clinical results with
The collaboration with PRECEDE Consortium, encompassing 51 pancreatic centers and over 7,000 enrolled patients, provides robust validation opportunities and access to valuable blood samples for clinical studies. The planned commercial launch in 2025, following the completion of clinical validation in December 2024, represents a significant milestone in addressing the unmet need for early pancreatic cancer detection in the 1.8 million high-risk individuals in the US market alone.
Immunovia will share results from studies of its next-generation test to detect stage 1 and 2 pancreatic cancer, including the discovery study, model-development study, and analytical validation. As reported in a 1 August 2024 press release, the test demonstrated superior performance, with sensitivity of
The annual meeting of the PRECEDE Consortium will bring together pancreatic cancer experts for two days of informational panels, partner updates, collaboration, and information sharing. Founded in 2020, the international PRECEDE Study is open to individuals with a family history of pancreatic cancer and/or those who carry genetic variants linked to development of the cancer. The PRECEDE Consortium's ambitious goal is to increase the five-year survival rate to
"Our collaboration with PRECEDE has proven tremendously valuable. PRECEDE researchers provided hundreds of blood samples to support the current clinical validation study of our next-generation test," said Jeff Borcherding, Chief Executive Officer at Immunovia. He continued, "We are excited to update Consortium members and discuss ways we can collaborate to generate additional data on the accuracy and clinical use of our test. It's energizing to partner with a group that is so passionate about improving pancreatic cancer survival through early detection."
As communicated previously, Immunovia expects to complete the clinical validation study in December 2024 in preparation for launching its next-generation test for early detection of pancreatic cancer later in 2025.
For more information, please contact:
Jeff Borcherding
CEO and President
jeff.borcherding@immunovia.com
Karin Almqvist-Liwendahl
CFO
karin.almqvist.liwendahl@immunovia.com
Immunovia in brief
Immunovia AB is a diagnostic company whose mission is to increase survival rates for patients with pancreatic cancer through early detection. Immunovia is focused on the development and commercialization of simple blood-based testing to detect proteins and antibodies that indicate a high-risk individual has developed pancreatic cancer.
Immunovia collaborates and engages with healthcare providers, leading experts and patient advocacy groups to make its test available to individuals at increased risk for pancreatic cancer.
Immunovia's shares (IMMNOV) are listed on Nasdaq Stockholm. For more information, please visit www.immunovia.com
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SOURCE Immunovia AB