genedrive
plc
("genedrive" or the
"Company")
Scottish Health Technology
Group publishes two Technology Assessments including genedrive's
CYP2C19 ID and MT-RNR1 and kits
genedrive plc (AIM: GDR), the
point-of-care pharmacogenetic testing company, announces that in
response to a referral from the Accelerated National Innovation
Adoption ("ANIA") collaborative the Scottish Health Technologies
Group ("SHTG") has carried out two technology assessments which
included both the Genedrive® CYP2C19 ID Kit and the Genedrive®
MT-RNR1 ID Kit.
The Genedrive® CYP2C19 ID Kit is
included in the Technology Assessment "Genotype testing to guide clopidogrel use
after an ischaemic stroke or transient ischaemic attack
("TIA")" which will be used to form an ANIA value case and
will inform decision making on the roll out of CYP2C19 genotype
testing in NHS Scotland. The report is available at
https://shtg.scot/our-advice/clopidogrel-genotype-testing-after-ischaemic-stroke-or-transient-ischaemic-attack-tia/
Key conclusions of the SHTG
assessment relevant to the Genedrive® CYP2C19 ID kit were as
follows:
· Using the
Genedrive® CYP2C19 ID Kit to identify clopidogrel resistance was
resource saving from year two onwards and would also prevent 961
recurrent strokes over a 5-year period and save NHS Scotland
approximately £18 million;
· The benefits of
antiplatelet therapy are maximised when the patient is started on
treatment within 24 hours of the initial stroke or TIA.
Laboratory-based testing, which can take up to one week to provide
results, could result in patient harm if treatment is delayed until
the test results are available and many patients could be
discharged from hospital by the time laboratory test results are
available;
· Smaller hospitals
serving remote and rural areas would experience problems accessing
laboratory-based genotype testing;
· There are four
regional genetic testing centres in Scotland and they are under
pressure to deliver urgent cancer genetic testing priorities.
There was concern that using regional genetic testing centres would
result in inequalities in care across Scotland; and
· The Genedrive®
CYP2C19 ID Kit had low test failure rate and can identify more
targets, which is a crucial consideration for the inclusion of more
patients from a wider range of ethnic backgrounds and therefore
aids addressing inequalities in healthcare.
In addition, the Technology
Assessment "Genotype testing to
guide antibiotic use and prevent hearing loss in neonates"
is for the Genedrive® MT-RNR1 ID Kit and concludes that genetic
testing will be considered for national rollout to hospital wards
that care for newborn babies.
https://shtg.scot/our-advice/genotype-testing-to-guide-antibiotic-use-and-prevent-hearing-loss-in-babies/
Dr
Gino Miele, CEO of genedrive plc, said: "Following positive
recommendations by The National Institute for Clinical Care and
Excellence (NICE) for both our MT-RNR1 and CYP2C19 ID products, we
are delighted with these additional positive independent
assessments of the SHTG, and look forward to further decisions of
ANIA regarding potential national rollout plans in Scotland.
We are proud to be at the forefront of near-patient pharmacogenetic
testing and of the potential for our products to be significantly
impactful in delivering improved patient outcomes in these
vulnerable groups as well as offering significant savings to
healthcare systems."
For further details please
contact:
genedrive plc
|
+44 (0)161
989 0245
|
Gino Miele: CEO / Russ Shaw:
CFO
|
|
|
|
Peel
Hunt LLP (Nominated Adviser and Broker)
|
+44 (0)20
7418 8900
|
James Steel / Patrick
Birkholm
|
|
|
|
Walbrook PR Ltd (Media & Investor
Relations)
|
+44 (0)20
7933 8780 or genedrive@walbrookpr.com
|
Anna Dunphy
|
+44
(0)7876 741 001
|
About genedrive plc (http://www.genedriveplc.com).
genedrive plc is a pharmacogenetic
testing company developing and commercialising a low cost, rapid,
versatile and simple to use point of need pharmacogenetic platform
for the diagnosis of genetic variants. This helps clinicians to
quickly access key genetic information that will aid them make the
right choices over the right medicine or dosage to use for an
effective treatment, particularly important in time-critical
emergency care healthcare paradigms. Based in the UK, the Company
is at the forefront of Point of Care pharmacogenetic testing in
emergency healthcare. Pharmacogenetics informs on how your
individual genetics impact a medicines ability to work for you.
Therefore, by using pharmacogenetics, medicine choices can be
personalised, made safer and more effective.
The Company has launched its two
flagship products, the Genedrive® MT-RNR1 ID Kit and the Genedrive®
CYP2C19 ID Kit, both developed and validated in collaboration with
NHS partners and deployed on its point of care thermocycler
platform. Both tests are single-use disposable cartridges which are
ambient temperature stable, circumventing the requirement for cold
chain logistics. The Directors believe the Genedrive® MT-RNR1 ID
Kit is a worlds-first and allows clinicians to make a decision on
antibiotic use in neonatal intensive care units within 26 minutes,
ensuring vital care is delivered, avoiding adverse effects
potentially otherwise encountered and with no negative impact on
the patient care pathway. Its CYP2C19 ID Kit which has no
comparably positioned competitor currently allows clinicians to
make a decision on the use of Clopidogrel in stroke patients in 70
minutes, ensuring that patients who are unlikely to benefit from or
suffer adverse effects from Clopidogrel receive an alternative
antiplatelet therapeutic in a timely manner, ultimately improving
outcomes. Both tests have undergone review by the National
Institute for Health and Care Clinical Excellence ("NICE") and have
been recommended for use in the UK NHS.
The Company has a clear commercial
strategy focused on accelerating growth through maximising
in-market sales, geographic and portfolio expansion and strategic
M&A, and operates out of its facilities in
Manchester.
About Clopidogrel
Clopidogrel is an antiplatelet drug
used after IS or TIA to reduce the risk of blood clots that can
cause further strokes. Clopidogrel is metabolised into its active
form by an enzyme encoded by the CYP2C19 gene which in some people
has variations that reduce the enzyme's function which means that
clopidogrel does not work as well in these people.
The Genedrive® CYP2C19-ID point of care genetic
test uses a single, non-invasive cheek swab sample, and rapidly
identifies six important genetic variants of the CYP2C19 gene, five
of which are instrumental in loss of metabolism function. The
Genedrive® System automatically interprets the information for the
clinician, allowing prompt administration of an optimised treatment
plan, and whilst positioned for near-patient testing is equally
amenable to use in laboratory settings.
About Genedrive® MT-RNR1 Kit
The Genedrive® MT-RNR1 kit is the
world's first rapid point-of-care test to screen infants in an
urgent care setting for a genetic variant that can cause life-long
hearing loss when carriers of the variant are given certain
antibiotics. Those infants identified by the Genedrive® MT-RNR1 ID
kit as carrying the variant can then be given alternative
antibiotics. It has the potential to
save thousands of children from lifelong hearing loss, whilst
providing a net positive financial outcome case to healthcare
systems.
About SHTG
The Scottish Health Technology Group
(SHTG) is a national health technology assessment agency that
provides advice to NHS Scotland on the use of new and existing
health technologies (excluding medicines), likely to have
significant implications for people's care. NHS Scotland is
required to consider the advice of the SHTG.
About ANIA
Accelerated National Innovation
Adoption (ANIA) brings together partners from across NHS Scotland and Scottish
Government with complementary capabilities to identify, triage,
develop and deliver high impact innovations for deployment at
scale, for the benefit of patients across NHS Scotland.