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VolitionRx Limited Announces the Preparation of Reimbursement Submission for its Nu.Q® Cancer Assays
Prnewswire· 2026-01-30 13:50
Core Insights - VolitionRx Limited is preparing a reimbursement submission for its Nu.Q® Cancer assays in France, supported by the Hospices Civils de Lyon, aiming for clinical certification of the test [1][2][3] Group 1: Company Developments - The reimbursement submission is expected to be completed by the end of the current quarter under the "Innovative Procedures Outside the Nomenclature" framework, with a determination of eligibility for reimbursement coverage anticipated within five months [2][3] - VolitionRx aims to introduce the Nu.Q® test into routine clinical use in France by the fourth quarter of 2026, marking a significant milestone in the commercialization of its cancer diagnostics [3] Group 2: Clinical and Market Impact - There are approximately 50,000 new lung cancer diagnoses annually in France, with a five-year prevalence of around 65,000 cases, indicating a substantial market opportunity for the Nu.Q® Cancer assays [3] - The Nu.Q® test is expected to enhance precision in treatment selection and monitoring for lung cancer patients, providing valuable information regarding survival and progression-free survival [2][3] Group 3: Collaborations and Support - The collaboration with Hospices Civils de Lyon is crucial for the submission process, as they are France's second-largest university hospital system, which will facilitate the integration of the Nu.Q® test into clinical practice [2][5] - The support from HCL underscores the strong scientific and clinical evidence developed over several years to validate the use of Nu.Q® in cancer management [2]
Volition Issues Business Review 2025
Prnewswire· 2025-12-17 13:45
Core Insights - VolitionRx Limited has made significant progress in 2025, focusing on the commercialization of its Nu.Q® platform for human diagnostics, with key milestones achieved in cancer and sepsis detection [2][3][4] Group 1: Business Developments - The company received its first order for Nu.Q® Cancer assays for clinical certification in lung cancer and included the Nu.Q® NETs assay in a government-backed program in France for early sepsis detection, valued at approximately $7.3 million [3][4] - Volition signed two licensing agreements with major companies, Werfen and Hologic, marking a strategic move into the human diagnostics market [5] - The company is in discussions with around 10 leading diagnostic and liquid biopsy companies to secure additional licensing agreements, anticipating announcements throughout 2026 [6][7] Group 2: Financial Opportunities - The Total Addressable Markets (TAMs) for Volition's technologies are substantial, including $2.3 billion for lung cancer screening, $23 billion for multi-cancer early detection, and $2.8 billion for sepsis early detection [11] - The company aims to replicate its successful licensing strategy in the veterinary market within the human diagnostics space, with potential for diverse deal structures and recurring revenue [7][10] Group 3: Scientific and Clinical Progress - Volition's Nu.Q® NETs assay is being evaluated in over 20 hospitals across 10 countries for various clinical use cases, indicating its potential to become a routine blood test [8] - The company has achieved significant scientific advancements, including the development of a lateral flow test for quantifying nucleosomes, which aids in clinical decision-making [10] - A large-scale study demonstrated that the Nu.Q® NETs H3.1 biomarker is an independent predictor of mortality in sepsis patients, showcasing the assay's clinical relevance [10]
VolitionRx Limited Announces the First Sale of the Nu.Q® Cancer Assays for Clinical Certification in Preparation for Routine Clinical Use
Prnewswire· 2025-11-25 13:45
Core Insights - VolitionRx Limited has made its first sale of Nu.Q® Cancer assays to Hospices Civils de Lyon, a leading cancer center in Europe, marking a significant milestone in the commercialization of its cancer diagnostic technology [1][3]. Company Developments - The order from Hospices Civils de Lyon is intended to complete the internal certification process before the test is introduced into routine clinical practice for cancer management [2]. - The collaboration with the Lyon team has resulted in strong scientific and clinical evidence supporting the use of Nu.Q® in managing cancer patients, particularly in Non-Small Cell Lung Cancer [3]. Product Impact - Nu.Q® Cancer technology is designed to enhance clinical decision-making by providing valuable information on survival and progression-free survival, thus improving patient outcomes [3]. - The technology aims to empower clinicians with better monitoring capabilities throughout the patient journey, ultimately supporting patient-centered care [3]. Market Position - This sale represents a major step for Volition in the human cancer diagnostics market, aligning with the company's mission to save lives through earlier detection and improved treatment monitoring [3][4]. - Volition is focused on developing cost-effective blood tests for various diseases, including cancers, which could significantly enhance early detection and patient quality of life [4].