Benzinga | Dec 10, 2021 07:34AM EST

AnPac Bio-Medical Science Highlights Joint Technical Paper On Novel Cancer Differentiation Analysis Technology For Co.'s Multi-Cancer Screening With Institutions Was Accepted, Published Online In 'Expert Review Of Molecular Diagnostics'

AnPac Bio-Medical Science Co., Ltd. ("AnPac Bio," the "Company" or "we") (NASDAQ:ANPC), a biotechnology company with operations in China and the United States, announced today its joint technical paper on novel Cancer Differentiation Analysis (CDA) Technology for multi-cancer screening with multiple leading medical institutions was accepted and published online on November 30, 2021 by the Expert Review of Molecular Diagnostics, a peer-reviewed international medical journal that has an impact factor of 5.2.

The title of the published paper is "Development and Evaluation of Cancer Differentiation Analysis Technology: A Novel Biophysics-Based Screening Method". The co-authors of the paper included several leading medical institutions in China, including the School of Medicine, Shanghai Jiao Tong University, and Department of Statistics and Data Management at Children's Hospital of Fudan University. The paper reported the mechanism of CDA technology, as well as an extensive, multi-year, multi-cancer screening validation work that included a two-stage study design. This cross-sectional study of CDA testing in the initial stage, included a routine health checkup involving 75,942 individuals which was followed by a prospective population-based cohort study involving 1,957 individuals. The studies concluded that the CDA test is useful for cancer screening with high specificity and moderate sensitivity among healthy individuals and continues to lay both the conceptual and practical foundation for AnPac Bio's novel biophysics-based test for cancer screening. Based on results from the study, the published technical paper also cited a number of advantages of CDA technology which include its potential suitability for health screening, estimated cost quite comparable or lower than that of other screening methods, and its multi-cancer screening ability for large population.

Dr. Chris Yu, AnPac Bio's Chairman and CEO commented: "We are very pleased with the publication of our technical paper on CDA cancer detection technology by a peer-reviewed international journal in the field of medicine. The review and subsequent acceptance of our paper based on the novel and original biophysics-based CDA cancer detection technology for publication is very gratifying and indicates what we believe is a positive level of recognition for this approach. The findings reported in this study validates the CDA technology and has laid both the conceptual and practical groundwork for CDA technology to be used in large population cancer screening." Dr. Chris Yu further commented: "We will continue to invest in research and development, and at the same time, speed up our commercialization process. We believe we are making solid progress in the class III medical device registration process with NMPA (for lung cancer assisting in diagnosis utility), and we now expect to receive the class III medical device license by late 2022."