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Photocure ASA

Regulatory Filings Mar 28, 2024

3714_rns_2024-03-28_ffd97c24-01fb-4cb5-aa9a-1c6ce13b7cc3.html

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New Publication: Racial Difference in Detection Rate of Bladder Cancer Using Blue Light Cystoscopy

New Publication: Racial Difference in Detection Rate of Bladder Cancer Using Blue Light Cystoscopy

Press release - Oslo, Norway, March 28, 2024: Photocure ASA, The Bladder Cancer

Company, announces the publication of the study "Racial Difference in Detection

Rate of Bladder Cancer Using Blue Light Cystoscopy: Insights from a Multicenter

Registry" in the journal Cancers this week. This study aims to evaluate

heterogeneity in characteristics of blue light cystoscopy (BLC[®]) for detection

of malignant lesions among various races with non-muscle invasive bladder cancer

(NMIBC).

The study author Sia Daneshmand, MD and the participants of the BLC with Cysview

Study Group collected clinicopathologic information from adult patients

undergoing transurethral resection of bladder tumor (TURBT) or biopsy who were

enrolled in the multi-institutional BLC Cysview registry between April 2014 and

February 2021. The primary outcome was detection of any malignant lesion on

final pathology. Sensitivity, negative and positive predictive values for

detection of malignant lesions were calculated for BLC, white light cystoscopy

(WLC), and the combination of both modalities.

Overall, 2379 separate samples were identified from 1292 patients, of whom, 1095

(85%) were White/Caucasian, 96 (7%) Black/African American, 51 (4%) Asian and 50

(4%) Hispanic. The sensitivity of WLC, BLC, and the combination of both for any

malignant lesion was 88.7%, 95.8% and 99%, respectively, in the total cohort

(P<0.001). BLC sensitivity vs. WLC was most significantly pronounced in the

Asian population (96% vs 78%, P<0.001). In all races, the sensitivity of BLC was

significantly higher than WLC for detection of CIS (P<0.001). Also, the addition

of BLC to standard WLC increased the detection rate by 10% for any malignant

lesion in the total cohort. This rate increased to 18% in Asian patients.

Positive predictive value of BLC was also the highest in Asian population

(94.4%).

The authors conclude that regardless of race, BLC increased the detection of

bladder cancer when combined with WLC. However, the difference was more

pronounced in Asian patients: "Our study showed that regardless of race, BLC

increases the detection of bladder cancer when combined with WLC. These results

could identify differences in groups that will lead to improved treatment of

underserved minority populations. Further research is warranted to understand

the underlying etiology of these observations which may ultimately alter

interpretation of lesions detected by BLC," said Dr. Daneshmand.

Read the full publication here: https://www.mdpi.com/2072-6694/16/7/1268

About the Blue Light Cystoscopy with Cysview Registry

The U.S. Blue Light Cystoscopy with Cysview Registry (Clinical Trials:

NCT02660645) is a large prospective, longitudinal, real-world evidence study in

NMIBC* patients who have undergone TURBT** using Blue Light as an adjunct to

white light cystoscopy. The Registry study was established by Photocure in 2014

and is projected to enroll 4400 patients.

*NMIBC: Non-muscle invasive bladder cancer

**TURBT: Transurethral resection of bladder tumor

Note to editors:

All trademarks mentioned in this release are protected by law and are registered

trademarks of Photocure ASA

About Bladder Cancer

Bladder cancer ranks as the 8[th] most common cancer worldwide - the 5[th] most

common in men - with 1 949 000 prevalent cases (5-year prevalence rate)[1a], 614

000 new cases and more than 220 000 deaths in 2022.[1b]

Approx. 75% of all bladder cancer cases occur in men.[1] It has a high

recurrence rate with up to 61% in year one and up to 78% over five years.[2]

Bladder cancer has the highest lifetime treatment costs per patient of all

cancers.[3]

Bladder cancer is a costly, potentially progressive disease for which patients

have to undergo multiple cystoscopies due to the high risk of recurrence. There

is an urgent need to improve both the diagnosis and the management of bladder

cancer for the benefit of patients and healthcare systems alike.

Bladder cancer is classified into two types, non-muscle invasive bladder cancer

(NMIBC) and muscle-invasive bladder cancer (MIBC), depending on the depth of

invasion in the bladder wall. NMIBC remains in the inner layer of cells lining

the bladder. These cancers are the most common (75%) of all BC cases and include

the subtypes Ta, carcinoma in situ (CIS) and T1 lesions. In MIBC the cancer has

grown into deeper layers of the bladder wall. These cancers, including subtypes

T2, T3 and T4, are more likely to spread and are harder to treat.[4]

[1 ]Globocan. a) 5-year prevalence / b) incidence/mortality by population.

Available at: https://gco.iarc.fr/today, accessed [February 2024].

[2 ]Babjuk M, et al. Eur Urol. 2019; 76(5): 639-657

[3 ]Sievert KD et al. World J Urol 2009;27:295-300

[4 ]Bladder Cancer. American Cancer Society.

https://www.cancer.org/cancer/bladder-cancer.html

About Hexvix[®]/Cysview[®] (hexaminolevulinate HCl)

Hexvix/Cysview is a drug that preferentially accumulates in cancer cells in the

bladder, making them glow bright pink during Blue Light Cystoscopy (BLC[®]). BLC

with Hexvix/Cysview, compared to standard white light cystoscopy alone, improves

the detection of tumors and leads to more complete resection, fewer residual

tumors, and better management decisions.

Cysview[ ]is the tradename in the U.S. and Canada, Hexvix[ ]is the tradename in

all other markets. Photocure is commercializing Cysview/Hexvix directly in the

U.S. and Europe and has strategic partnerships for the commercialization of

Hexvix/Cysview in China, Chile, Australia, New Zealand and Israel. Please refer

to https://photocure.com/partners/our-partners for further information on our

commercial partners.

About Photocure ASA

Photocure: The Bladder Cancer Company delivers transformative solutions to

improve the lives of bladder cancer patients. Our unique technology, making

cancer cells glow bright pink, has led to better health outcomes for patients

worldwide. Photocure is headquartered in Oslo, Norway and listed on the Oslo

Stock Exchange (OSE: PHO). For more information, please visit us at

www.photocure.com, www.hexvix.com, www.cysview.com

For further information, please contact:

Dan Schneider

President and CEO

Photocure ASA

Email: [email protected]

Erik Dahl

CFO

Photocure ASA

Tel: +4745055000

Email: [email protected]

David Moskowitz

Vice President, Investor Relations

Photocure ASA

Tel: +1 202 280 0888

Email: [email protected]

Media and IR enquiries:

Geir Bjørlo

Corporate Communications (Norway)

Tel: +47 91540000

Email: [email protected]

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