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News and reporting on brain cancer.
The company has previously offered its liquid biopsy tests through an LDT model but sees the timing and the clinical niche as right for a regulatory bid in CSF testing.
The firm said its test can be used to evaluate blood samples from people who present with suspicious growths in the breast, lung, prostate, colon, or brain.
The company highlighted efforts to expand the use of its tests in the analysis of cerebrospinal fluid, an area in which research collaborations have begun to yield some data.
The firm said the financing enables it to progress with the development of an algorithm that would help detect the most common cancers.
The researchers envisage deploying a point-of-care assay based on a fluorescent nanophotonics platform.
While it was developed and validated for brain tumor classification, the workflow could be extended to other cancers where intraoperative histology is valuable.
The company in partnership with the University of Edinburgh recently completed a trial of the test involving 400 patients.
The Scottish researchers have cofounded ClinSpec Dx to commercialize an infrared spectroscopy platform that they said may enable more precise screening for brain cancer.
The researchers believe using cerebral spinal fluid will enable them to identify brain tumors with a higher sensitivity than with blood samples.
The researchers aim to offer the half-hour diagnostic assay for use during neurosurgery to help clinicians pursue the best treatment for patients with gliomas.