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Xlife Sciences AG
/ Key word(s): Market launch/Product Launch
Zurich, 26th of June 2024: Xlife Sciences AG announces significant progress in the development and application of innovative diagnostic solutions. The project company x-nuclear diagnostics GmbH, a 100% subsidiary of Xlife Sciences AG, has achieved remarkable success in the research and application of the new PET tracer DAZAmed. A PET tracer is a special substance used in positron emission tomography (PET) to visualize organ functions in the body. These tracers are radioactive molecules that bind to specific structures in the body and emit radiation, allowing detailed images of organs and their functions to be created. The PET tracer DAZAmed is the first of its kind developed specifically for visualizing liver function. Initial applications have already successfully diagnosed patients, underscoring the efficacy and reliability of this innovative diagnostic tool. Additionally, a successful toxicity study in animals and trials in patients have confirmed the safety, tolerability, and efficacy of the tracer. Another significant advancement is the GMP-compliant production of the precursors of DAZAmed (excluding the radioactive ligand) by inflamed pharma GmbH, a 70% subsidiary of Xlife Sciences AG, which meets production standards and quality requirements, thus paving the way for clinical commercialization. This further highlights the enormous synergy potential of Xlife Sciences AG's highly diversified project portfolio. The rollout of the DAZAmed PET tracer is planned for the third quarter of 2024, with initial revenues expected in Germany. The DAZAmed PET tracer will be used in liver diagnostics for patients, representing an important milestone in medical imaging and diagnostics. Oliver R. Baumann, CEO of Xlife Sciences AG, comments on this progress: «We at Xlife Sciences AG are proud to have reached another significant milestone in medical diagnostics. The development and successful application of the liver-specific PET tracer DAZAmed by our subsidiary x-nuclear diagnostics GmbH is further proof of the innovative strength and commitment of our team.» With these developments, Xlife Sciences AG continues its mission to advance innovative and future-oriented technologies in healthcare and improve access to advanced diagnostic solutions.
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| Language: | English |
| Company: | Xlife Sciences AG |
| Talacker 35 | |
| 8001 Zürich | |
| Switzerland | |
| Phone: | 0 |
| E-mail: | |
| Internet: | |
| ISIN: | CH0461929603 |
| Valor: | A2PK6Z |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 1933059 |
| End of News | EQS News Service |
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1933059 26.06.2024 CET/CEST
