QuickView: ADMIT trial readout likely in May
Epigenomics is soon to conclude a behavioural study that may pave the way for US regulatory approval and launch of its novel Epi proColon blood-based colorectal cancer (CRC) test in H215. A likely exercise of convertible notes should secure sufficient funding in 2015. Commercial sales and thus funding needs beyond 2015 depend on a US approval and reimbursement progress.Epigenomics is a holding company. Through its Epigenomics Inc. subsidiary, Co. is engaged as a molecular diagnostics company focusing on developing and commercializing of in vitro diagnostic (IVD) tests for the screening and diagnosis of cancer. Co.'s products are based on a proprietary technology platform, which utilizes a biological phenomenon called DNA methylation as a source for the discovery of disease-specific biomarkers. Co. develops and commercializes cancer diagnostic tests in colorectal cancer (CRC) and in lung cancer. Co.'s key product is Epi proColon®, a blood-based test for the early detection of CRC which utilizes its proprietary DNA methylation biomarker, Septin9.
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