Regulatory Filings • Jan 31, 2011
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Download Source FileBioPorto has CE-marked and is now launching The NGAL Test™ for diagnostic use
in Europe. This means that BioPorto is starting to sell the test to European
hospitals, where the first physicians are waiting to take advantage of this
long-sought tool in combating the harmful effects of acute kidney injury.
In November 2010, BioPorto pre-launched The NGAL Test™ for research use, and
since then the test has been successfully tested in selected hospitals in
Europe, the USA and Southeast Asia. "With the CE-marking, we are now starting
to sell the test in the EU, but the CE-marking is also an important step
towards the world market," says CEO Thea Olesen, and continues, "In several
other key markets such as Canada and India, local approval depends on the
CE-marking of The NGAL Test™.” Thus it will shortly be possible to buy
BioPorto's The NGAL Test™ for diagnostic use in approximately 40 countries. The
next step in the launch process is the registration of the test for diagnostic
use in other important markets, including the USA, where approval must be
obtained from the FDA (Food and Drug Administration).
The NGAL Test™ and acute kidney injury
Acute kidney injury affects up to 13 million people a year, of whom about 4
million die. Nevertheless, there has been no real progress in methods of
diagnosing kidney injury over the last half century. The NGAL Test™ now
provides physicians with the tool they need to diagnose kidney injury much
earlier than ever before. Existing methods, e.g. measuring serum creatinine,
only indicate kidney failure 24-72 hours after kidney injury has taken place.
In contrast, NGAL determination can demonstrate kidney injury within a few
hours and thus allow physicians to take measures before the damage progresses
to potentially fatal kidney failure. In addition to benefitting the patient,
cost-benefit analyses shows that implementation of NGAL testing will contribute
to saving hospital expenditure on treating patients with kidney damage.
For further information contact:
Thea Olesen, CEO
Christina Thomsen, Investor Relations
Phone +45 45 29 00 00, e-mail [email protected]
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