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Volition Continues to Extend Access to Nu.Q® Vet Cancer Test

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Volition (NYSE: VNRX) announced new laboratory partnerships to expand access to its Nu.Q® Vet Cancer test in the U.S. and Asia. Midwest Veterinary Laboratory will offer the test across all 50 U.S. states beginning February 2026. Bioguard will offer the test via its Animal Health Diagnostic Center, described as the first certified ISO/IEC 17025 animal disease testing laboratory in Taiwan and China. Management highlighted integrating Nu.Q® into annual or senior wellness exams to enable earlier cancer detection in dogs. Volition cited a Total Addressable Market for canine screening of about $100 million for the U.S., Europe and Japan, rising to just under $150 million with China.

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Positive

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News Market Reaction

+8.42% 3.7x vol
13 alerts
+8.42% News Effect
+11.1% Peak Tracked
-9.2% Trough Tracked
+$3M Valuation Impact
$43M Market Cap
3.7x Rel. Volume

On the day this news was published, VNRX gained 8.42%, reflecting a notable positive market reaction. Argus tracked a peak move of +11.1% during that session. Argus tracked a trough of -9.2% from its starting point during tracking. Our momentum scanner triggered 13 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $3M to the company's valuation, bringing the market cap to $43M at that time. Trading volume was very high at 3.7x the daily average, suggesting strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Canine screening TAM: $100 million Expanded TAM with China: $150 million U.S. coverage: 50 states +1 more
4 metrics
Canine screening TAM $100 million Total Addressable Market for U.S., Europe and Japan
Expanded TAM with China $150 million Total Addressable Market including China (a little under)
U.S. coverage 50 states Nu.Q Vet Cancer test via Midwest Veterinary Laboratory from February 2026
Launch timing February 2026 Nu.Q Vet Cancer test availability through Midwest Veterinary Laboratory

Market Reality Check

Price: $0.2352 Vol: Volume 709,679 is about 0...
low vol
$0.2352 Last Close
Volume Volume 709,679 is about 0.33x the 20-day average of 2,172,249, suggesting no pre-news volume spike. low
Technical Shares at $0.2932 are trading below the 200-day MA of $0.52 and 68.81% under the 52-week high.

Peers on Argus

VNRX was up 0.55% while momentum data show only one peer (WOK) in motion, down 6...
1 Down

VNRX was up 0.55% while momentum data show only one peer (WOK) in motion, down 6.12% with no news, supporting a stock-specific move rather than a sector-wide rotation.

Historical Context

5 past events · Latest: Jan 16 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 16 Veterinary symposium Positive +0.6% Sponsored VMX symposium promoting Nu.Q Vet clinical use and conference presence.
Jan 08 Financing agreement Positive +24.2% Secured $2.0M gross proceeds via convertible note and warrants financing.
Jan 08 Feline trial data Positive +24.2% Reported Nu.Q Vet feline data with high specificity and lymphoma detection rates.
Dec 17 Business review Positive +10.3% Outlined 2025 commercial, clinical, IP milestones and initial Nu.Q revenues.
Dec 11 Technology update Positive +2.6% Announced Capture‑Seq liquid biopsy enrichment data and large TAM projection.
Pattern Detected

Recent news with commercial or clinical progress for Nu.Q has consistently coincided with positive next-day price reactions.

Recent Company History

Over the last few months, Volition highlighted multiple milestones around its Nu.Q platform. A Dec 11, 2025 Capture‑Seq™ preprint and a Dec 17, 2025 business review both drew positive reactions. On Jan 8, 2026, breakthrough feline Nu.Q Vet data and a $2.0 million funding agreement also aligned with strong gains. A Jan 16, 2026 veterinary symposium further emphasized Nu.Q Vet usage in practice. Today’s expansion of Nu.Q Vet lab access in the U.S. and Asia continues this commercialization trajectory in companion-animal oncology.

Regulatory & Risk Context

Active S-3 Shelf
Shelf Active
Active S-3 Shelf Registration 2025-07-03

The company has an effective S-3 shelf filed on 2025-07-03, expiring on 2028-07-03, with reported usage via at least 4 prospectus supplements, indicating it has previously accessed capital under this registration.

Market Pulse Summary

The stock moved +8.4% in the session following this news. A strong positive reaction aligns with pri...
Analysis

The stock moved +8.4% in the session following this news. A strong positive reaction aligns with prior instances where Nu.Q-related clinical or commercial updates preceded gains, as seen after multiple late-2025 announcements with moves up to 24.19%. However, investors have also faced ongoing capital needs and usage of an effective S-3 shelf, which can introduce dilution risk. Short-term spikes could be vulnerable if expectations for Nu.Q Vet adoption or broader Nu.Q platform monetization fail to track these optimistic commercialization signals.

Key Terms

epigenetics, iso/iec 17025, total addressable market
3 terms
epigenetics medical
"Volition, a multi-national epigenetics company, announces the appointment..."
Epigenetics is the study of how environmental factors and experiences can influence how genes are turned on or off without changing the underlying genetic code. Think of it like a dimmer switch for a light, adjusting the brightness without altering the bulb itself. This process can affect health, behavior, and even how diseases develop, which is important for investors interested in long-term trends in medicine, wellness, and biotech industries.
iso/iec 17025 regulatory
"the first certified ISO/IEC 17025 animal disease testing laboratory in Taiwan..."
An internationally recognized accreditation for testing and calibration laboratories that confirms they produce reliable, traceable results and follow consistent quality controls. Think of it like a professional license for labs: it shows their methods, equipment and staff competence meet independent standards, which matters to investors because accredited test data lowers technical and regulatory risk, supports product claims, and can speed approvals, supplier selection, and market trust.
total addressable market financial
"The market opportunity for Nu.Q® Vet is considerable, with the Total Addressable Market..."
Total addressable market is the total potential sales opportunity for a product or service if it were to reach every possible customer. It helps investors understand the maximum size of the market and the growth potential for a business. Think of it as the entire pie available to be shared, indicating how big the opportunity could be.

AI-generated analysis. Not financial advice.

HENDERSON, Nev., Jan. 20, 2026 /PRNewswire/ -- VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition"), a multi-national epigenetics company, announces the appointment of two new centralized laboratory providers of its Nu.Q® Vet Cancer test in the U.S. and Asia, further expanding access to its canine cancer early detection tool.

  • Midwest Veterinary Laboratory, a full-service independent reference laboratory in the U.S., will be offering the Nu.Q® Vet Cancer test to its customers across all 50 states from February 2026.
  • Bioguard, a global animal health diagnostics company is now offering the Nu.Q® Vet Cancer Test through it's Animal Health Diagnostic Center, the first certified ISO/IEC 17025 animal disease testing laboratory in Taiwan and China.

Dr. Tom Butera, Chief Executive Officer, Volition Veterinary Diagnostics Development LLC commented:

"We are delighted to extend the availability of our groundbreaking Nu.Q® technology in both the U.S. and Asia through these well established reference labs.

By incorporating the Nu.Q® Canine Cancer Test into annual checkups or regular senior wellness exams, veterinarians can detect cancer earlier[1] and help pet owners make timely, informed decisions about cancer care.

"The market opportunity for Nu.Q® Vet is considerable, with the Total Addressable Market for Canine Screening approximately $100 million for the U.S., Europe and Japan and would increase to a little under $150 million with the addition of China[2]."

  1. Wilson-Robles, H.M., Bygott, T., Kelly, T.K. et al. Evaluation of plasma nucleosome concentrations in dogs with a variety of common cancers and in healthy dogs. BMC Vet Res 18, 329 (2022). https://doi.org/10.1186/s12917-022-03429-8
  2. Data on File: Volition TAM

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.

Cision View original content:https://www.prnewswire.com/news-releases/volition-continues-to-extend-access-to-nuq-vet-cancer-test-302665308.html

SOURCE VolitionRx Limited

FAQ

What did Volition (VNRX) announce on January 20, 2026 regarding Nu.Q® Vet?

Volition announced two new centralized lab providers for the Nu.Q® Vet Cancer test in the U.S. and Asia.

When will Midwest Veterinary Laboratory begin offering the Nu.Q® Vet Cancer test across all 50 states?

Midwest Veterinary Laboratory will begin offering the test in February 2026.

Where will Bioguard offer the Nu.Q® Vet Cancer test and what certification does its lab hold?

Bioguard will offer the test through its Animal Health Diagnostic Center in Taiwan and China, certified to ISO/IEC 17025.

How does Volition recommend veterinarians use the Nu.Q® Canine Cancer Test?

Volition suggests incorporating the test into annual checkups or senior wellness exams to help detect cancer earlier.

What is the Total Addressable Market (TAM) Volition cites for Nu.Q® Vet screening including China?

Volition cites a TAM of about $100 million for the U.S., Europe and Japan, increasing to just under $150 million with China.

What regions will the new lab partnerships expand Nu.Q® Vet access to for dog cancer screening?

The partnerships expand access across the entire U.S. and into Taiwan and China, increasing availability in Asia.
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Medical Devices
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