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Monday December 01 2008 | Biotechnology feed | All feeds
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NICE guidelines highlight the importance of HepCgen's HCV genotyping service -
Successful positioning reflected in completion of 2nd round funding - Southampton
UK, December 11, 2003
…… HepCgen, specialising in diagnostics and treatments for chronic liver
disease, has received further endorsement of its centralised hepatitis C (HCV)
genotyping service through a NICE announcement released on 8 December,
confirming that genetic information, in this case the genotype of the virus, is
the most critical determinant of efficacy in the treatment of HCV. Treatment
centres can have the immediate capability to comply with NICE’s appraisal,
without purchasing their own equipment, by sending their samples to HepCgen. NICE’s
guideline report was released on the same day as Dr Allen Roses, Worldwide Vice
President of Genetics at GlaxoSmithKline, sparked controversy with his
disclosure that most drugs work in fewer than one in two patients.
This is mainly due to a patient's genes interfering with treatment and
further highlights the importance of tailoring treatments to the genetic profile
of the patient or the pathogen infecting them, as is the case with HCV.
HepCgen has developed proprietary molecular diagnostics to determine the
genotype of HCV in the patient’s blood. The
Company can also confirm the presence of HCV and measure how much virus the
patient has in their blood, a critical method for monitoring response to
treatment. These high profile industry communications emphasise the importance
of HepCgen’s role in the treatment of HCV and fits the Company’s working
model of providing relevant genetic information to enhance the efficacy of
current treatments and develop novel treatments based on the genomics of the
virus. NICE’s
new guidelines endorse combination therapy with peginterferon alfa and ribavirin,
and emphasise the need for HCV genotyping to tailor treatment to the individual.
The report proposes that patients with genotypes 1,4,5 or 6 be treated
for 48 weeks and those with genotype 2 or 3 for 24 weeks, with any indeterminate
HCV strains treated like genotype 1. It
is generally accepted that there are 300-400,000 HCV infected individuals in the
UK, of which 49% have HCV genotype 2 or 3 who, if identified, would only require
24 weeks rather than the full 48 weeks treatment.
HepCgen estimates that if treatment was implemented according to the
current NICE guidelines, the NHS would save over half a billion pounds in
medication costs alone. “Funding
greatly limits treatment in this country and compared to the 15,000 patients
treated in France, Germany and Italy respectively, the UK currently funds less
than 2,100 patients per year”, stated HepCgen’s CEO, Paul Colford. He
continued, “Given the extent of the disease, which is four-five times more
prevalent than HIV, and the current funding crisis, we presently look upon our
service as enabling the NHS to do far more with less.”
HepCgen contends that this is the essence of personalised medicine and
has confirmed that its largest customers happen to be the companies that make
these medicines. “Big pharma is embracing this technology in the UK because
more patients can be treated appropriately if these tests are used.” HepCgen
founder, Dr William Rosenberg, commented, “As a physician, if you have to wait
three weeks for a genotype or viral load result, not only is the result
worthless but the patient potentially could be exposed to unnecessary
side-effects from treatment, as well as the anxiety of waiting for the result.
Furthermore, there is a significant cost to the NHS in prolonging a therapy that
could have been justifiably discontinued.” Paul
Colford added, “Our facility has enormous capacity, rapid turnaround times and
is significantly less expensive compared to current systems available for
individual hospitals to purchase. Our
service allows testing centres to implement NICE guidelines immediately, with no
capital cost and no disruption to current working practices.” HepCgen’s
timely positioning as a pivotal player in the treatment of HCV in the UK is
reflected in the successful completion of Ł1.6m in second round financing.
The heavily oversubscribed financing activity, generated by both private
and institutional investors, capitalises the Company at Ł4.8m and enables
HepCgen to expand its team of experts and roll out its commercial and R&D
programmes much faster than originally anticipated.
The Company’s pipeline of hepatitis C therapeutics includes programmes targeting the stimulation of dendritic cells, which have been found to be dysfunctional in chronic HCV and could account for the altered immune response. Dr Rosenberg and his team hope to be able to modify these defective cells in patients with HCV to restore effective immune function, in a similar method to that being used to treat some forms of cancer.
-ends- For
further information, please contact: At HepCgen: Paul Colford, CEO, tel: 023 8079 8945, email: paul.colford@hepcgen.com Dr William Rosenberg, University of Southampton, tel: 023 8079 6883, wmr@soton.ac.uk Media enquiries: Sue Charles, CEO Northbank Communications, tel: 020 7886 8152, email: s.charles@northbankcommunications.com James Parkinson, Northbank Communications, tel: 01260 296 506, email: j.parkinson@northbankcommunications.com
Notes to editors:
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