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Volition Announces Detection of Over 95% of Early-Stage Cancers

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Volition (NYSE AMERICAN: VNRX) reported blinded validation results from 81 subjects showing strong detection performance using its Capture-Seq™ liquid biopsy for colorectal and lung cancer.

The cohort achieved ~95% detection for stage I and II cancers (I: 94% [17/18]; II: 96% [26/27]), overall sensitivity 93% (55/59) and specificity 95% (21/22). The company cites a combined $36 billion TAM ($23B MCED; $13B MRD) and says it is in active discussions with potential licensing partners to commercialize the technology.

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Positive

  • Stage I detection of 94% (17/18)
  • Stage II detection of 96% (26/27)
  • 95% specificity in healthy controls (21/22)

Negative

  • Blinded validation cohort size is small: 81 subjects
  • Overall sensitivity 93% (55/59) — below some early-stage claims
  • Results are preliminary and require validation in larger cohorts

News Market Reaction – VNRX

-4.87% 6.1x vol
26 alerts
-4.87% Session close to close
+32.7% Peak Tracked
-15.9% Trough Tracked
$27.66M Market Cap
6.1x Rel. Volume

In the Mar 25 session, VNRX declined 4.87%, reflecting a moderate negative market reaction. Argus tracked a peak move of +32.7% during that session. Argus tracked a trough of -15.9% from its starting point during tracking. Our momentum scanner triggered 26 alerts that day, indicating elevated trading interest and price volatility. Trading volume was exceptionally heavy at 6.1x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights robust blinded validation data for Capture‑Seq™, with early-stage detec...
Analysis

This announcement highlights robust blinded validation data for Capture‑Seq™, with early-stage detection rates above 94% and overall sensitivity of 93% at 95% specificity. It extends a series of recent updates around Volition’s liquid biopsy and Nu.Q® platforms. Investors may focus on how larger cohorts, regulatory pathways, and partnering efforts evolve, while also weighing previously disclosed listing compliance and registered resale overhang when assessing the technology’s commercial trajectory.

Key Figures

Validation cohort size: 81 subjects Cancer cases: 59 patients Controls: 22 subjects +5 more
8 metrics
Validation cohort size 81 subjects Blinded validation cohort (colorectal and lung cancer, plus controls)
Cancer cases 59 patients Colorectal and lung cancer patients in validation cohort
Controls 22 subjects Healthy controls in blinded validation cohort
Stage I detection 94% (17/18) Capture‑Seq™ detection rate in stage I cancers
Stage II detection 96% (26/27) Capture‑Seq™ detection rate in stage II cancers
All-stage sensitivity 93% (55/59) Overall cancer detection sensitivity across all stages
Control specificity 95% (21/22) Specificity in healthy controls
TAM MCED & MRD $36 billion Total addressable market for early cancer detection and MRD

Historical Context

5 past events · Latest: Mar 18 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 18 Capture‑Seq data Positive +5.3% Reported >99% pure ctDNA via Capture‑Seq and strong blinded cohort detection.
Mar 06 Vet test launch Positive +0.7% Automated Nu.Q® Vet Cancer Test rollout with Fujifilm Vet Systems in Japan.
Feb 25 Commercial update Positive +25.6% Multi‑pillar progress, Capture‑Seq TAM update, sepsis program and CE‑marked products.
Feb 10 Distribution deal Positive -3.0% New Nu.Q® Discover distributor in Japan with growing client base and TAM.
Feb 09 Listing notice Negative -3.0% NYSE American non‑compliance notice on stockholders’ equity and potential delisting risk.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Positive commercial and clinical news has often coincided with favorable next-day moves, though not uniformly, while clearly negative regulatory news aligned with declines.

Recent Company History

In the last few months, Volition has repeatedly highlighted its epigenetics and liquid biopsy platform, including Capture‑Seq™, commercial progress in veterinary diagnostics, and broader multi‑pillar execution. Notable items include a reported world‑first Capture‑Seq™ purity achievement on Mar 18, 2026, growing Nu.Q® Vet adoption in Japan, and strategic distribution and reimbursement milestones. Against this backdrop, the latest early‑stage cancer detection data further extends the Capture‑Seq™ narrative within an already active news flow.

Key Terms

liquid biopsy, capture-seq™, circulating tumor dna, ctdna, +3 more
7 terms
liquid biopsy medical
"Volition has developed a new liquid biopsy method, Capture-Seq™..."
A liquid biopsy is a laboratory test that looks for tiny pieces of tumor or disease-related material — such as DNA, proteins, or cells — circulating in blood or other body fluids, allowing detection and monitoring without a surgical tissue sample. For investors, it matters because these tests can speed diagnosis, guide treatment choices, enable easier repeat testing, and create recurring revenue streams if adopted widely, affecting a medical company's growth and regulatory risk profile.
capture-seq™ medical
"Capture-Seq™, which enriches and purifies plasma samples..."
capture-seq™ is a branded laboratory method that selectively pulls out specific stretches of genetic material so those pieces can be read very deeply and accurately by DNA or RNA sequencing. For investors, it matters because this targeted approach can make tests faster, cheaper and more reliable—like using a highlighter to mark important paragraphs before studying—affecting a product’s competitive edge, clinical utility and potential revenue in diagnostics or drug development.
circulating tumor dna medical
"resulting in virtually pure circulating tumor DNA (ctDNA) samples..."
Fragments of DNA shed by cancer cells into the bloodstream that act like tiny fingerprints of a tumor; they can be detected with a blood test rather than a biopsy. Investors care because circulating tumor DNA (ctDNA) enables faster, lower-cost ways to detect disease, track treatment response, identify emerging resistance and enroll patients in trials—factors that can materially affect the commercial prospects of diagnostics and therapeutics.
ctdna medical
"virtually pure circulating tumor DNA (ctDNA) samples for analysis."
Circulating tumor DNA (ctDNA) is tiny fragments of genetic material shed by cancer cells into the bloodstream, like breadcrumbs that can reveal a tumor’s presence and genetic makeup without needing a biopsy. For investors, ctDNA matters because tests and technologies that detect and analyze these fragments can speed diagnosis, track treatment response, and signal relapse, creating commercial opportunities in diagnostics, personalized therapies, and monitoring services.
cell free nucleoproteins medical
"the first liquid biopsy company to focus on circulating cell free nucleoproteins..."
Cell free nucleoproteins are fragments of genetic material (DNA or RNA) attached to proteins that float outside cells in blood or other body fluids; think of them as tiny message packets shed by cells into the bloodstream. Investors should care because these circulating fragments can reveal health or disease signals noninvasively—used like a snapshot or blood test to monitor tumors, infections, or treatment response—making them important for diagnostics and biotech products.
minimal residual disease medical
"play a role in cancer management, including but not limited to, Minimal Residual Disease detection..."
Minimal residual disease (MRD) is the tiny number of cancer cells that remain in the body after treatment, often too few to show up on standard scans but detectable with very sensitive tests. For investors, MRD is important because it predicts the risk of relapse and can determine whether a therapy is seen as effective, influences regulatory and reimbursement decisions, and affects the size and timing of a drug’s market opportunity—like spotting the last weeds that can make a garden regrow if not removed.
multi-cancer early detection medical
"could contribute to Multi-Cancer Early Detection (MCED) fulfilling a significant unmet clinical need."
A multi-cancer early detection test is a medical screening tool—often a simple blood test—that looks for biological signals, such as abnormal DNA or protein patterns, that could indicate many different cancers before symptoms appear. For investors it matters because successful tests can reshape demand for diagnostics, influence healthcare spending and insurance coverage, and create new revenue streams or risks for companies across diagnostics, treatment and screening services; think of it as a smoke alarm that can warn of problems throughout an entire house rather than just one room.

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  • Blinded validation cohort achieves over 95% sensitivity for stage I & II cancers with 95% specificity
  • Capture-Seq™ Targets $36 Billion TAM in Early Cancer Detection and MRD.

HENDERSON, Nev., March 25, 2026 /PRNewswire/ -- VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition"), a multi-national epigenetics company, announces compelling proof of concept data from a blinded validation cohort for the detection of cancer, including early stage cancer using its breakthrough Capture-Seq™ technology.

Dr. Jake Micallef, Chief Scientific Officer, Volition, commented:

"As we reported previously, Volition has developed a new liquid biopsy method, Capture-Seq™, which enriches and purifies plasma samples resulting in virtually pure circulating tumor DNA (ctDNA) samples for analysis.

"We are now releasing the data from a blinded validation cohort of 81 subjects (colorectal and lung cancer patients = 59, healthy controls = 22) and are extremely encouraged by the results, particularly in early-stage cancer detection.

Details are summarized in the table below1:

Cancer Stage

Detection Rate

I

94% (17/18)

II

96% (26/27)

III

100% (2/2)

IV

91% (10/11)

Unknown

0% (0/1)

All Stages

Sensitivity= 93% (55/59)

Controls

Specificity= 95% (21/22)

"Volition is, I believe, the first liquid biopsy company to focus on circulating cell free nucleoproteins and we have filed a number of new patents to protect this technology."

Dr. Andrew Retter, Medical Consultant, Volition, commented:

"From a clinical perspective, the proof of concept and early blinded validation results are extremely encouraging, and the early-stage cancer detection of 95% of stage I and II cancers is particularly noteworthy.

"For patients, the potential significance is huge. If validated in larger cohorts, CTCF Capture-Seq™ could contribute to Multi-Cancer Early Detection (MCED) fulfilling a significant unmet clinical need.

"We also believe Capture-Seq™ has the potential to play a role in cancer management, including but not limited to, Minimal Residual Disease detection and treatment monitoring, either alone or potentially in combination with other technologies too."

Mr. Gael Forterre, Chief Commercial Officer, Volition, added:

"This scientific breakthrough has generated a lot of interest with potential licensing partners, and we are excited to share this early-stage detection data.

"We feel that this technology could, with further development, become very widely used, in both the human and veterinary markets, and fits very well with our Nu.Q® product portfolio.

 "We believe this represents a significant commercial opportunity with a Total Addressable Market on an annualized basis of approximately $23 billion2 for the human MCED use, and over $13 Billion2 for MRD.

"We are in active discussions with several large liquid biopsy and diagnostic companies to accelerate the development and launch of this technology as soon as possible."

About Capture-Seq™

The biggest problem facing liquid biopsy worldwide is that the vast majority of circulating DNA in blood plasma samples comes from healthy cells, not cancer cells. In a world first new technology, Volition has overcome this hurdle and produced >99% pure cancer derived plasma DNA sequence sets for liquid biopsy.

In a recently submitted manuscript we report a new, two-step method for preparing pure circulating tumor DNA data sets for cancer patients:

  1. physical enrichment of the sample and
  2. bioinformatic removal of virtually all remaining non-tumor cfDNA sequences from the DNA sequence data set.

This new method produced >99% pure ctDNA sequencing data sets for blood samples from cancer patients and, whilst we capture a subset of the ctDNA (i.e. not all the ctDNA in a sample), it is virtually pure cancer DNA.

These methodological and technological breakthroughs represent a novel liquid biopsy method for a novel class of potentially thousands of liquid biopsy sequence biomarkers.

###

  1. Data on File
  2. Data on File: Volition TAM Model

About Volition

Volition is a multi-national company focused on advancing the science of epigenetics. Volition is dedicated to saving lives and improving outcomes for people and animals with life-altering diseases through earlier detection, as well as disease and treatment monitoring.

Through its subsidiaries, Volition is developing and commercializing simple, easy to use, cost-effective blood tests to help detect and monitor a range of diseases, including some cancers and diseases associated with NETosis, such as sepsis. Early detection and monitoring have the potential not only to prolong the life of patients, but also to improve their quality of life.

Volition's research and development activities are centered in Belgium, with an innovation laboratory and office in the U.S. and an office in London.

The contents found at Volition's website address are not incorporated by reference into this document and should not be considered part of this document. Such website address is included in this document as an inactive textual reference only.

Media Enquiries: Louise Batchelor, Volition, mediarelations@volition.com,+44 (0)7557 774620


Safe Harbor Statement

Statements in this press release or associated video or link may be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that concern matters that involve risks and uncertainties that could cause actual results to differ materially from those anticipated or projected in the forward-looking statements. Words such as "expects," "anticipates," "intends," "plans," "aims," "targets," "believes," "seeks," "estimates," "optimizing," "potential," "goal," "suggests," "could," "would," "should," "may," "will" and similar expressions identify forward-looking statements. These forward-looking statements relate to, among other topics, Volition's expectations related to revenue opportunities and growth, the effectiveness and availability of Volition's blood-based diagnostic, prognostic and disease monitoring tests, Volition's ability to develop and successfully commercialize such test platforms for early detection of cancer and other diseases as well as serving as a diagnostic, prognostic or disease monitoring tools for such diseases, Volition's expectations regarding future publications, Volition's success in securing licensing and/or distribution agreements with third parties for its products, and Volition's expectations regarding the terms of such agreements. Volition's actual results may differ materially from those indicated in these forward-looking statements due to numerous risks and uncertainties, including, without limitation, results of studies testing the efficacy of its tests. For instance, if Volition fails to develop and commercialize diagnostic, prognostic or disease monitoring products, it may be unable to execute its plan of operations. Other risks and uncertainties include Volition's failure to obtain necessary regulatory clearances or approvals to distribute and market future products; a failure by the marketplace to accept the products in Volition's development pipeline or any other diagnostic, prognostic or disease monitoring products Volition might develop; Volition's failure to secure adequate intellectual property protection; Volition will face fierce competition and Volition's intended products may become obsolete due to the highly competitive nature of the diagnostics and disease monitoring market and its rapid technological change; downturns in domestic and foreign economies; and other risks, including those identified in Volition's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as well as other documents that Volition files with the Securities and Exchange Commission. These statements are based on current expectations, estimates and projections about Volition's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are made as of the date of this release, and, except as required by law, Volition does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.

Nucleosomics™, Capture-PCR™, Capture-Seq™ and Nu.Q® and their respective logos are trademarks and/or service marks of VolitionRx Limited and its subsidiaries. All other trademarks, service marks and trade names referred to in this press release or associated video or link are the property of their respective owners. Additionally, unless otherwise specified, all references to "$" refer to the legal currency of the United States of America.

Video: https://www.youtube.com/watch?v=I7QlzSELJs0

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/volition-announces-detection-of-over-95-of-early-stage-cancers-302724580.html

SOURCE VolitionRx Limited

FAQ

What detection rates did Volition (VNRX) report for stage I and II cancers on March 25, 2026?

Volition reported stage I detection 94% and stage II detection 96% in a blinded cohort. According to the company, those rates come from an 81-subject blinded validation of colorectal and lung cancer samples.

How accurate was Volition's Capture-Seq™ test overall in the March 25, 2026 announcement (VNRX)?

The company reported an overall sensitivity of 93% and specificity of 95% in the blinded cohort. According to the company, sensitivity was 55/59 cancer cases and specificity was 21/22 controls.

What market opportunity did Volition (VNRX) cite for Capture-Seq™ in the March 25, 2026 release?

Volition cited a combined Total Addressable Market of $36 billion for MCED and MRD. According to the company, that estimate is about $23 billion for MCED and $13 billion for MRD annually.

How large was the blinded validation cohort Volition (VNRX) described on March 25, 2026?

The blinded validation cohort included 81 subjects (59 cancer patients and 22 healthy controls). According to the company, cancer cases were colorectal and lung patients with staged results reported.

Does Volition (VNRX) state the Capture-Seq™ results are ready for clinical use?

No — Volition describes these as early proof-of-concept blinded validation results requiring further validation. According to the company, larger cohorts and additional development are needed before broader clinical deployment.