Diaceutics
September 14th, 2020
Parsippany, New Jersey, 14th September 2020 – Diaceutics PLC, (AIM: DXRX), today announces the establishment of a dedicated Advisory Panel of experts to support and inform the development and rollout of its revolutionary DXRX platform – the world’s first diagnostic network for precision medicine.
The panel consists of key opinion leaders from the areas of oncology, including lung cancer research and colorectal research; pathology, including tissue pathology and uropathology; molecular diagnostics; digital image analysis; telemedicine and informatics; external quality assessment (EQA); and FDA-expertise. They are providing insights and recommendations to help drive the future direction of DXRX, as well as other solutions developed by Diaceutics to better support the treatment of patients across the world and transform the healthcare industry.
Endorsed and shaped by these industry leaders with over 120 years of collective experience, DXRX will help to unlock the power of precision medicine, drive standardisation of diagnostic testing and ensure that every eligible patient gets access to the right treatment at the right time. The end-to-end solution will not only enhance Diaceutics’ service offering but also offer a secure platform for pharmaceutical companies, laboratories and diagnostic companies to collaborate more effectively.
Currently, the Diaceutics Advisory Panel consists of:
Dr. Anthony Magliocco of Protean BioDiagnostics Inc. (Founder and CEO, Consultant Pathologist) in the USA
Keith Kerr from Aberdeen University School of Medicine in Scotland (Professor, Consultant Pathologist)
US-based Kenneth J. Bloom of Invicro and Ambry Genetics (CMO, MD, FCAP)
Markus Eckstein from University Hospital Erlangen in Germany (MD)
Dr Fotios Loupakis from the Institute of Oncology at Veneto in Italy (Medical Oncologist, MD, MS, Ph.D).
To date, Diaceutics′ Advisory Panel has undertaken extensive research into the inefficiencies in precision medicine testing which are preventing patients from getting the treatment they need, when they need it. For example, this research – which was published in four abstracts and one poster at this year′s American Society of Clinical Oncology (ASCO) conference – revealed the economic burden of not testing for the FLT3 biomarker to treat Acute Myeloid Leukemia (AML), which could cost up to $445 million in the United States alone.
Alongside the establishment of the panel – Diaceutics has invested in building the world’s largest repository of. diagnostic testing data consisting of 227 million patient records to power its DXRX platform. The platform has been purpose built to enable access to a global flow of testing data integrating 2500+ laboratories into one secure network. Diaceutics is also building partnerships with industry-leading service providers in areas such as test access and reimbursement, pathology training, health economics, reference standards and EQA including Targos Molecular Pathology and HistoCyte Laboratories earlier this year. The company is currently onboarding laboratory partners to the network with pharmaceutical companies gaining access to the solution in Q4 2020.