Oncimmune and Genostics Company part ways in China
Nottingham, UK-based immunodiagnostics specialist Oncimmune (AIM: ONC.L) has taken back certain intellectual property (IP) and distribution rights for its EarlyCDT technology.
The firm out-licensed Chinese rights to the platform to Genostics Company in January 2018, and the companies have collaborated since then with the goal of developing a lung panel with superior performance.
The use of EarlyCDT - a simple blood test that detects the elevated presence of autoantibodies generated by cancer - is particularly valuable in the region, given the prevalence of EGFR-positive non-small cell lung cancer (NSCLC).
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