Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 20 March 2018, 05:00 HKT/SGT
Share:
    

Source: Proteomics International Laboratories Ltd (PILL)
PromarkerD Diagnostic Test Leader Officially Launched
PromarkerD, the world leading predictive diagnostic test for DKD, launched in Dominican Republic this month, with new markets planned in mainland USA, Mexico, Japan, Australia, China and Europe

PERTH, W. AUSTRALIA, Mar 20, 2018 - (ACN Newswire) - MedTech pioneer Proteomics International Laboratories Ltd (Proteomics International; ASX: PIQ) has announced the official product launch of its world leading predictive diagnostic test for diabetic kidney disease, "PromarkerD".

The pioneering diagnostic test was launched by Proteomics International partner Omics Global Solutions (Puerto Rico, USA) through its distributor in the Dominican Republic, Macrotech Farmaceutica, the exclusive provider of dialysis services in the country.

The successful launch represents the achievement of a key milestone in the stepped approach to commercialise the test in global markets using a range of technology platforms. Proteomics International is engaged with potential partners to bring PromarkerD to market in mainland USA, Mexico, Japan, Australia, China and Europe.

Proteomics International Managing Director, Dr Richard Lipscombe said, "The world is now recognising the growing burden of diabetes and the importance of kidney health. We see PromarkerD as transforming the diagnosis and treatment of diabetic kidney disease and saving healthcare systems billions of dollars."

The test is being provided using the published mass spectrometry technology platform, known as a Laboratory Developed Test (LDT), and the Company expects to conclude its next licensing deal for this version of PromarkerD with a certified laboratory within weeks. Following uptake by specialised facilities, Proteomics International is focused on finalising the development of the in vitro diagnostic (IVD) immunoassay version of PromarkerD, that can be used in clinical laboratories around the world.

About Diabetes and Kidney Disease :
The International Diabetes Federation estimates 422 million adults worldwide now have diabetes, which is the major cause of kidney disease accounting for approximately 44% of new cases. One in three adult diabetics will develop chronic kidney disease (CKD). CKD is a disorder in which patients show progressive loss of kidney (renal) function usually accompanied by excess protein in the urine (proteinuria). Ninety percent of kidney function can be lost without experiencing any symptoms and in Australia 53 people die every day from the disease.

Many CKD patients progress to a need for dialysis or kidney transplant, or experience excessive mortality from cardiovascular-related diseases. The prevalence of CKD is rising and as such there is urgent need for early diagnosis and treatments that can benefit CKD patients. Medicare spending in the USA for patients with chronic kidney disease aged 65 and older exceeded US$50 billion in 2013, and represented 20% of all Medicare spending in this age group.

About Omics Global Solutions and Macrotech Farmaceutica :
Omics Global Solutions (OGS) was established to launch innovative products based on the "omics" sciences (proteomics, genomics, etc.) to have an impact on the lives of patients, their caregivers, and medical professionals involved with their treatment. Located in Puerto Rico (USA) it has partnered with Macrotech Farmaceutica to serve the population of Latin America.

Macrotech Farmaceutica, established 1995, is a leading health services company and is the exclusive provider of dialysis services, instruments and reagents in the Dominican Republic. The PromarkerD test is branded locally as INNOVATIO ND2.

About Proteomics International Laboratories (PILL) :
Proteomics International is a wholly owned subsidiary of PILL (ASX: PIQ), a medical technology company at the forefront of predictive diagnostics and bio-analytical services. The company specialises in proteomics - the industrial scale study of the structure and function of proteins.

It received the world's first ISO 17025 laboratory accreditation for proteomics services, and operates from state-of-the-art facilities located on the QEII Medical Campus in Perth, W.Australia. The Company's business model uses its proprietary technology across three integrated areas of diagnostics, drug discovery and analytical services. www.proteomicsinternational.com.

For further information, contact:
Dr Richard Lipscombe
Managing Director
Proteomics International Laboratories Ltd
T: +61 8 9389 1992
E: [email protected]

[Investor Relations]
Paul Hart
Canary Capital
T: +61 421 051 474
E: [email protected]

[Media Contact]
Susan Fitzpatrick-Napier
Director, Digital Mantra Group
T: +61 2 8218 2144
E: [email protected]


Mar 20, 2018 05:00 HKT/SGT
Topic: Press release summary
Sectors: BioTech, HealthCare
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Proteomics International Laboratories Ltd (PILL)
June 7, 2019 12:00 HKT/SGT
PromarkerD features at American Diabetes Association 79th Scientific Sessions saying diabetics deserve to know their future kidney disease status
June 3, 2019 21:00 HKT/SGT
Proteomics International and PromarkerD at BIO 2019 saying 30 million diabetics in US deserve to know their future kidney disease status
June 4, 2018 11:00 HKT/SGT
Proteomics International signs with PrismHealthDx for US launch of PromarkerD predictive test for diabetic kidney disease
Feb 12, 2018 06:00 HKT/SGT
Proteomics International announces Strategic Alliance and Investment in CPR Pharma Services
June 12, 2017 08:00 HKT/SGT
Clinical Validation Results confirm PromarkerD can predict Diabetic Kidney Disease better than any Current Measure
Mar 28, 2017 18:00 HKT/SGT
Frost & Sullivan independent industry report identifies PromarkerD as the world leading test for Diabetic Kidney Disease
Mar 27, 2017 16:00 HKT/SGT
Frost & Sullivan independent industry report identifies PromarkerD as the world leading test for Diabetic Kidney Disease
Mar 22, 2017 15:00 HKT/SGT
PromarkerD Predictive Diagnostics for DKD to Roll-out in Asia
More news >>
 News Alerts
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: