Sunderland cancer diagnostics firm expands breakthrough products across the globe
A pioneering Sunderland cancer diagnostics firm is going global.
Arquer Diagnostics was launched in 2015 to develop fast, accurate and non-invasive cancer diagnostic tests and has since set up clinical trials across the UK and Europe.
Now it has rolled out its flagship product into five new European markets, with further commercial agreements expected in the Middle East and Eastern Europe later this year.
Its first breakthrough product, the bladder cancer test ADXBLADDER, was released commercially last year. Unlike the painful and invasive cystoscopy test for bladder cancer, which involves a tube with a camera being inserted into the bladder through the urethra, Arquer’s product is entirely non-invasive.
Via a small urine sample, it is able to give a ‘yes/no’ cancer diagnosis in as little as three hours, with 95 per cent accuracy in detecting higher risk cancers and 97 per cent accuracy in excluding the presence of a tumour.
After initially launching the product in the UK, France, Italy and Turkey, Arquer has now secured commercial agreements taking it into Spain, Portugal, Germany, Belgium and the Netherlands.
Negotiations with potential commercial partners in the Middle East and Eastern Europe are also close to being successfully completed, with a US launch scheduled for 2020.
CEO Nadia Whittley said: “Our future plans involve the launch of at least three new products for three new cancer diagnostic indications.
“These will be similar to our bladder cancer test in that they will fill a huge gap in the patient’s diagnostic pathway. Practically, this means we will continue to invest in expanding the research and development facility in Sunderland and adding more local talent to our team.
“Financially, we are hoping to secure new investment this year which will support our geographic expansion as well as a number of clinical studies which will support the launch of our new indications.”
Arquer currently employs 11 full-time staff at its base in the North East Business and Innovation Centre. Its success has been supported by three institutional investors - including Northstar Ventures in Newcastle – who collectively have injected around £4 million into the firm.
The company has also been backed by Sunderland City Council, which provided support and advice to enable its early stage activities.
City council leader Coun Graeme Miller said: “Fast-growing, innovative businesses like Arquer Diagnostics are helping to build a knowledge economy eco-system across the city and create exciting opportunities for our rich pool of science and technology talent.
“It is fantastic to see a firm here in Sunderland finding commercial success while also potentially saving lives across the globe, and we follow its progress with interest.”