The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • 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 Online

Market shrugs as Fisher & Paykel announces mass recall

Fisher & Paykel has initiated a voluntary limited recall of batches of Airvo 1 and my…
The Market Online Video

Brian Leedman’s BlinkLab to join ASX: AI-driven smartphone app screens for autism, ADHD

BlinkLab is a world-first, AI-driven digital healthcare venture, that uses a smartphone and facial recognition to…

Osteopore stock spikes 900% on Singapore and Vietnam approvals

Osteopore's (ASX:OSX) share price was up 38% after the regenerative medicine company received approval for its…

Amplia Therapeutics takes step up in pancreatic cancer treatment

Amplia Therapeutics is on to next step in its pancreatic cancer treatment research after a successful…