genedrive
plc
("genedrive" or the
"Company")
Scottish Government
announcement of investment to support national pharmacogenetic
testing of CYP2C19 in Stroke patients and MT-RNR1 in newborn babies
in NHS Scotland.
genedrive plc (AIM: GDR), the
point-of-care pharmacogenetic testing company, is pleased to note
an announcement by the Scottish Government of investment into
phased delivery of two national scale pharmacogenetic testing
programs utilising genedrive's MT-RNR1-ID and CYP2C19-ID kits in
NHS Scotland. The public announcement is available at
https://www.gov.scot/news/improving-health-through-innovation/.
The initial deployment of these
programmes is through funding being provided to the Accelerated
National Adoption ("ANIA") pathway following referral from ANIA to
the Scottish Health Technologies Group ("SHTG") which carried out
two technology assessments that included both the Genedrive®
CYP2C19 ID Kit and the Genedrive® MT-RNR1 ID Kit. Subsequently, Scotland's First
Minister John Swinney delivered a speech on NHS Renewal &
Recovery on 27 January 2025 (https://www.youtube.com/live/-tWX1ESlpSs)
during which he stated (38:40), "The latest innovations in genetic testing
will be harnessed to enable better targeting of medications, in
cases ranging from recent stroke patients to newborn infants with
bacterial infections. Smarter care, better
care".
As outlined in the Scottish
Government announcement, approximately £800,000 will fund testing
newborn babies with genedrive's MT-RNR-ID kit, in a phased national
roll out over 18 months with first clinical testing beginning in
October. Once fully implemented it is expected that over
3,000 babies per year will receive the MT-RNR1-ID test throughout
Scotland. A total of £1.1 million will support interventional
CYP2C19 testing in recent stroke patients and whilst primarily
focused on laboratory based testing with substantially slower
turnaround times, Genedrive's CYP2C19-ID kit will be included for
assessment against laboratory testing pathways in Transient
Ischaemic Attack ("TIA") clinics.
Dr
Gino Miele, CEO of genedrive plc, said: "This announcement from the
Scottish Government is a welcome commitment to the strategic
implementation of pharmacogenetic testing into clinical pathways at
national scale in NHS Scotland. Aside from enabling
significantly better patient outcomes, these interventional testing
paradigms offer substantial financial value to pressured healthcare
systems. Against a backdrop of increasing paradigm shifts
from treatment to prevention and speedier, less centralised
diagnostics, and also recent UK government announcements to abolish
NHS England as an organisation and loss of 9,000 jobs with
accompanying savings of £500m per year, it is noteworthy that
CYP2C19 interventional testing alone
is estimated to
offer one-third of this at approximately £160m per year of value to
NHS England. We look forward to working with colleagues in
ANIA, and are grateful for their integrated efforts and forward
strategic thinking in progressing these programs at national level,
and we welcome other UK nations adopting a similar integrated
national approach to such avoid introduction of regional healthcare
inequalities. Genedrive are proud to be at the forefront of
enabling the impact of near-patient pharmacogenetic testing and we
look forward to updating the market in due course as the
contractual and operational planning phases of these programmes are
confirmed".
For further details please
contact:
genedrive plc
|
+44 (0)161
989 0245
|
Gino Miele: CEO / Russ Shaw:
CFO
|
|
|
|
Peel
Hunt LLP (Nominated Adviser and Broker)
|
+44 (0)20
7418 8900
|
James Steel
|
|
|
|
Walbrook PR Ltd (Media & Investor
Relations)
|
+44 (0)20
7933 8780 or genedrive@walbrookpr.com
|
Anna Dunphy
|
+44
(0)7876 741 001
|
About genedrive plc (http://www.genedriveplc.com).
genedrive plc is a pharmacogenetic
testing company developing and commercialising a low cost, rapid,
versatile and simple to use point of need pharmacogenetic platform
for the diagnosis of genetic variants. This helps clinicians to
quickly access key genetic information that will aid them make the
right choices over the right medicine or dosage to use for an
effective treatment, particularly important in time-critical
emergency care healthcare paradigms. Based in the UK, the Company
is at the forefront of Point of Care pharmacogenetic testing in
emergency healthcare. Pharmacogenetics informs on how your
individual genetics impact a medicines ability to work for you.
Therefore, by using pharmacogenetics, medicine choices can be
personalised, made safer and more effective.
The Company has launched its two
flagship products, the Genedrive® MT-RNR1 ID Kit and the Genedrive®
CYP2C19 ID Kit, both developed and validated in collaboration with
NHS partners and deployed on its point of care thermocycler
platform. Both tests are single-use disposable cartridges which are
ambient temperature stable, circumventing the requirement for cold
chain logistics. The Directors believe the Genedrive® MT-RNR1 ID
Kit is a worlds-first and allows clinicians to make a decision on
antibiotic use in neonatal intensive care units within 26 minutes,
ensuring vital care is delivered, avoiding adverse effects
potentially otherwise encountered and with no negative impact on
the patient care pathway. Its CYP2C19 ID Kit which has no
comparably positioned competitor currently allows clinicians to
make a decision on the use of Clopidogrel in stroke patients in 70
minutes, ensuring that patients who are unlikely to benefit from or
suffer adverse effects from Clopidogrel receive an alternative
antiplatelet therapeutic in a timely manner, ultimately improving
outcomes. Both tests have undergone review by the National
Institute for Health and Care Clinical Excellence ("NICE") and have
been recommended for use in the UK NHS.
The Company has a clear commercial
strategy focused on accelerating growth through maximising
in-market sales, geographic and portfolio expansion and strategic
M&A, and operates out of its facilities in
Manchester.
About Clopidogrel
Clopidogrel is an antiplatelet drug
used after IS or TIA to reduce the risk of blood clots that can
cause further strokes. Clopidogrel is metabolised into its active
form by an enzyme encoded by the CYP2C19 gene which in some people
has variations that reduce the enzyme's function which means that
clopidogrel does not work as well in these people.
The Genedrive® CYP2C19-ID point of care genetic
test uses a single, non-invasive cheek swab sample, and rapidly
identifies six important genetic variants of the CYP2C19 gene, five
of which are instrumental in loss of metabolism function. The
Genedrive® System automatically interprets the information for the
clinician, allowing prompt administration of an optimised treatment
plan, and whilst positioned for near-patient testing is equally
amenable to use in laboratory settings.
About Genedrive® MT-RNR1 Kit
The Genedrive® MT-RNR1 kit is the
world's first rapid point-of-care test to screen infants in an
urgent care setting for a genetic variant that can cause life-long
hearing loss when carriers of the variant are given certain
antibiotics. Those infants identified by the Genedrive® MT-RNR1 ID
kit as carrying the variant can then be given alternative
antibiotics. It has the potential to
save thousands of children from lifelong hearing loss, whilst
providing a net positive financial outcome case to healthcare
systems.
About SHTG & ANIA
The Scottish Health Technology Group
(SHTG) is a national health technology assessment agency that
provides advice to NHS Scotland on the use of new and existing
health technologies (excluding medicines), likely to have
significant implications for people's care. NHS Scotland is
required to consider the advice of the SHTG.
The Accelerated National Innovation Adoption (ANIA) brings together partners from
across NHS Scotland and Scottish Government with complementary
capabilities to identify, triage, develop and deliver high impact
innovations for deployment at scale, for the benefit of patients
across NHS Scotland.
The Genedrive® CYP2C19 ID Kit was
included in the Technology Assessment "Genotype testing to guide clopidogrel use
after an ischaemic stroke or transient ischaemic attack
("TIA")" was used to form an ANIA value case inform decision
making on the roll out of CYP2C19 genotype testing in NHS
Scotland. The report is available at
https://shtg.scot/our-advice/clopidogrel-genotype-testing-after-ischaemic-stroke-or-transient-ischaemic-attack-tia/
The Technology Assessment
"Genotype testing to guide
antibiotic use and prevent hearing loss in neonates" for the
Genedrive® MT-RNR1 ID Kit concluded that genetic testing will be
considered for national rollout to hospital wards that care for
newborn babies.
https://shtg.scot/our-advice/genotype-testing-to-guide-antibiotic-use-and-prevent-hearing-loss-in-babies/