GeneType Multi-Risk Test now includes Melanoma, Pancreatic Cancer & Atrial Fibrillation
MELBOURNE, Australia, March 27, 2023 (GLOBE NEWSWIRE) -- Genetic Technologies Limited (ASX: GTG; NASDAQ: GENE, “Company”, “GTG”) – a global leader in genomics-based tests in health, wellness and serious disease – is pleased to announce the US launch of three (3) new diseases taking the total number of individual risk assessments included in the geneType Multi-Test to nine (9), all from the one simple saliva sample. This launch is in line with phase 2 rollout plan for the geneType Multi Risk-Test. The expanded panel now includes:
- Melanoma, Pancreatic Cancer and Atrial Fibrillation - broadening of the utility to 9 serious diseases.
- Expanded panel is now available population wide for all ethnicities to doctors and their patients in the U.S.1.
- Multi-Test now provides a stratification assessment of a person’s risk profile for six cancers, two cardiovascular diseases and a metabolic disease - for a total of 7 diseases for men and 8 for women.
- The Multi-Test is available to adults of all ethnicities, starting at the age of 302.
Each of the three new diseases that have been added to GeneType Multi-Test cause significant mortality and morbidity. According to the American Cancer Society there will be approximately 97,610 new cases of melanoma in 2023 and 7,990 people are expected to die from the disease. The Society’s estimates for pancreatic cancer are even more dramatic with 64,050 people newly diagnosed in 2023, with a staggering 50,550 people expected to die. In both cancers, identifying adults at increased risk of the disease gives patients and doctors the opportunity for additional surveillance which can enable earlier diagnosis and improve patient outcomes, extending life expectancy and saving lives. In the case of atrial fibrillation (AFib), the Centers for Disease Control (CDC) noted that in 2022 there were more than 454,000 hospitalizations and approximately 158,000 deaths each year in the United States due to AFib.
As with the other diseases included in Multi-Test, being able to stratify people at risk enables enhanced surveillance, early detection and early intervention which can lead to significantly improved patient outcomes.
GTG’s CEO, Simon Morriss said, “The Company continues to deliver on our commitment to being a world leader in delivering personalised risk assessments to enable preventative healthcare for a range of serious diseases.”
Authorised for release by the board of directors of Genetic Technologies Limited.
About Genetic Technologies Limited
Genetic Technologies Limited (ASX: GTG; Nasdaq: GENE) is a diversified molecular diagnostics company. A global leader in genomics-based tests in health, wellness and serious disease through its geneType and EasyDNA brands. GTG offers cancer predictive testing and assessment tools to help physicians to improve health outcomes for people around the world. The company has a proprietary risk stratification platform that has been developed over the past decade and integrates clinical and genetic risk to deliver actionable outcomes to physicians and individuals. Leading the world in risk prediction in oncology, cardiovascular and metabolic diseases, Genetic Technologies continues to develop risk assessment products. For more information, please visit www.genetype.com
Forward Looking Statements
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1 Expanded Multi-Test will be available in Australia following NATA approval.
2 Cardiovascular and metabolic risk assessments start at age 40; cancers start at age 30.
Enquiries Investor Relations Adrian Mulcahy Automic Markets M: +61 438 630 411 E: email@example.com