Angle (AGL)

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FTSE AIM All-Share

8.33p
   
  • Change Today:
      0.33p
  • 52 Week High: 16.50p
  • 52 Week Low: 7.25p
  • Currency: UK Pounds
  • Shares Issued: 322.64m
  • Volume: 136,037
  • Market Cap: £26.89m
  • RiskGrade: 312

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Angle's Parsortix system used in 'breakthrough' breast cancer research

By Josh White

Date: Friday 24 Jan 2025

LONDON (ShareCast) - (Sharecast News) - Liquid biopsy specialist Angle announced on Friday that its Parsortix system played a pivotal role in groundbreaking breast cancer research published in Nature Medicine by a team led by professor Nicola Aceto at ETH Zurich.
The AIM-traded firm said the study, an interventional phase one clinical trial, investigated the use of the FDA-approved drug digoxin in treating metastatic breast cancer patients.

It said the Parsortix system was instrumental in selecting patients for the trial by detecting circulating tumour cell (CTC) clusters - groups of two or more tumour cells travelling together in the bloodstream.

That approach reportedly enabled researchers to enrol only those patients likely to benefit from digoxin, which had demonstrated the ability to dissociate metastatic CTC clusters in preclinical studies.

The company said the trial achieved its primary endpoint, showing a significant reduction in CTC cluster size among treated patients.

It explained that the proof-of-concept study was seen as a key step toward the development of a new class of drugs aimed at preventing or suppressing metastasis.

The research also further reinforced the potential of Angle's Parsortix system in both preclinical and clinical applications, the board added, including patient selection and dose optimisation.

Professor Aceto, whose lab had been using the Parsortix system extensively, had also co-founded Page Therapeutics to advance the development of novel compounds designed to disrupt CTC clusters.

Angle said it anticipated that its technology would play a critical role in the ongoing development and clinical evaluation of the new therapies.

"We are delighted to report on this first-in-class treatment approach reported by the Aceto Lab which has the potential to significantly reduce the burden of metastatic disease and improve patient outcomes," said the company's chief scientific officer Karen Miller.

"Given its unique design and ability to capture CTC clusters, we anticipate that the Parsortix system will be a crucial component for the development of drugs targeting the metastatic cascade by facilitating the selection of patients who are most likely to respond to treatment and allow continuous monitoring to determine the pharmacodynamic effects of the drugs.

"Alongside our ongoing collaboration with ETH Zurich, we look forward to working with Page Therapeutics to support their development drugs targeting metastatic spread."

At 1032 GMT, shares in Angle were up 4.39% at 12.53p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Angle Market Data

Currency UK Pounds
Share Price 8.33p
Change Today 0.33p
% Change 4.17 %
52 Week High 16.50p
52 Week Low 7.25p
Volume 136,037
Shares Issued 322.64m
Market Cap £26.89m
RiskGrade 312

Angle Star Ratings

Compare performance with the sector and the market.
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Key: vs Market vs Sector
Value
33.43% below the market average33.43% below the market average33.43% below the market average33.43% below the market average33.43% below the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average
Price Trend
76.73% below the market average76.73% below the market average76.73% below the market average76.73% below the market average76.73% below the market average
77.32% below the sector average77.32% below the sector average77.32% below the sector average77.32% below the sector average77.32% below the sector average
Income Not Available
Growth
52.24% above the market average52.24% above the market average52.24% above the market average52.24% above the market average52.24% above the market average
52.17% above the sector average52.17% above the sector average52.17% above the sector average52.17% above the sector average52.17% above the sector average

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Trades for 05-Jun-2025

Time Volume / Share Price
09:05 36,864 @ 8.14p
09:00 113 @ 7.82p
08:55 60,488 @ 8.06p
08:30 35 @ 8.50p
08:01 38,537 @ 7.81p

Angle Key Personnel

CEO Andrew D Newland
Finance Director Ian F Griffiths
Chair Jan Groen

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