Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Australian diagnostics company Bard1 Life Sciences (BD1) has revealed its SubB2M technology can detect all stages of breast cancer from a blood sample
  • Research completed by the Griffith University’s Institute for Glycomics found the technology could detect the cancer with 100 per cent specificity and 95 per cent sensitivity
  • The preliminary data also demonstrated the technology could be used to both detect and monitor the disease
  • It follows last week’s news that SubB2M can also detect all stages of ovarian cancer with 100 per cent specificity and sensitivity
  • Shares have jumped 39.5 per cent and been trading at $2.40

Australian diagnostics company Bard1 Life Sciences (BD1) has revealed its SubB2M technology can detect all stages of breast cancer from a blood sample.

Research completed by the Griffith University’s Institute for Glycomics found the technology could detect the cancer with 100 per cent specificity and 95 per cent sensitivity.

“A non-invasive, accurate and reliable blood test for monitoring breast cancer has the potential to enable earlier detection, inform treatment decisions and improve health outcomes for women diagnosed with this deadly cancer,” said BARD1 CEO Dr Leearne Hinch.

In a presentation at the Lorne Cancer Conference, Dr Lucy Shewell from the institute reported that SubB2M can detect Neu5Gc glycansm a particular biomarker which is elevated in patients with all stages of breast cancer.

Given the demonstrated ability of the technology to detect the biomarker, it was concluded that it has the potential to both detect and monitor the disease.

It follows last week’s news that SubB2M can also detect all stages of ovarian cancer with 100 per cent specificity and sensitivity.

“There is potential to combine the detection of the Neu5Gc biomarkers by SubB2M with antibodies that recognise the cancer-specific biomarkers decorated with Neu5Gc,” explained Griffith University Professor Mike Jennings.

“Work to develop a breast cancer-specific test using this dual detection approach is already underway, supported by the Biomedical Translation Bridge grant from the federal government awarded to BARD1 to support work at Griffith University and the University of Adelaide,” he added.

Bard1 expects to be able to report on the outcomes of the SubB2M ELISA test validation studies by the end of September.

Shares have jumped 39.5 per cent and been trading at $2.40 at 10:28 am AEDT.

BD1 by the numbers
More From The Market Herald

" Invex Therapeutics (ASX:IXC) receives UK approval to start phase III Presendin trial

Invex Therapeutics (ASX:IXC) has been given the tick of approval in the UK to start its…
Bluechiip (ASX:BCT) - Managing Director, Andrew McLellan

" Bluechiip (ASX:BCT) banks $1.09m R&D tax incentive refund

Bluechiip (ASX:BCT) has received $1.09 million research and development (R&D) tax incentive refund from the Australian…

" Oceania Healthcare (ASX:OCA) announces $500m sustainability-linked loan

Oceania Healthcare (ASX:OCA) has implemented its $500 million five-year sustainability-linked loan (SLL) to support its commitment…
Nyrada (ASX:NYR) - CEO, James Bonnar

" Nyrada (ASX:NYR) announces start date for cholesterol lowering program

Nyrada (ASX:NYR) announces its first-in-human study for cholesterol lowering is expected to begin during the first…