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Last €5.30 EUR
Change Today -0.139 / -2.56%
Volume 150.8K
ECX On Other Exchanges
As of 3:35 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

epigenomics ag (ECX) Snapshot

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epigenomics ag (ECX) Details

Epigenomics AG, a molecular diagnostics company, focuses on developing and commercializing in vitro diagnostic tests for the screening, early detection, and diagnosis of cancer in Germany. Its lead product is Epi proColon, a blood-based test for the early detection of colorectal cancer, which relies on its proprietary DNA methylation biomarker, Septin9. The company also offers Epi proLung BL Reflex Assay, a confirmatory test that aids in the diagnosis of lung cancer. Its development pipeline also contains tests for screening, monitoring, diagnosis, and prognosis assessment in colorectal, lung, and prostate cancer. Epigenomics AG was founded in 1998 and is headquartered in Berlin, Germany.

37 Employees
Last Reported Date: 03/25/15
Founded in 1998

epigenomics ag (ECX) Top Compensated Officers

Chief Executive Officer, Chief Financial Offi...
Total Annual Compensation: €288.8K
Chief Operating Officer and Member of Executi...
Total Annual Compensation: €177.2K
Compensation as of Fiscal Year 2013.

epigenomics ag (ECX) Key Developments

Epigenomics AG Presents at Needham & Company's 14th Annual Healthcare Conference, Apr-15-2015 01:40 PM

Epigenomics AG Presents at Needham & Company's 14th Annual Healthcare Conference, Apr-15-2015 01:40 PM. Venue: Westin Grand Central Hotel, New York, New York, United States.

Epigenomics AG Announces Completion of Enrollment in Epi ProColon(R) ADMIT Trial

Epigenomics AG announced the completion of subject enrollment into it’s ADMIT trial (ADherence to Minimally Invasive Testing - NCT02251782) for its non-invasive blood-based test for colorectal cancer (CRC) screening, Epi proColon(R). The company expects to announce results from this study during the second quarter of 2015. The company has successfully completed enrollment in the ADMIT clinical trial this week. Study subjects were identified as historically non-compliant to CRC screening according to current screening guidelines by its partners, Kaiser Permanente and Geisinger Health Systems, who actively manage CRC screening programs in the U.S.A. Subjects were invited to a clinic visit and once enrolled into the trial, were randomized to either the FIT test to take home to complete and send back within six weeks, or to a blood draw for the Epi proColon(R) test, to be completed in the same time frame. The trial was requested by the US Food and Drug Administration (FDA) in the context of Epigenomics' pre-market approval (PMA) application for Epi proColon(R). It was designed to compare adherence to CRC screening in subjects offered blood-based testing with Epi proColon(R) to stool-based testing with a fecal immunochemical test (FIT), a guideline recommended method. The primary endpoint is a statistically significant increase in adherence to testing by subjects offered the Epi proColon(R) test compared to subjects given the FIT test. The study's secondary objectives include a measurement of compliance to colonoscopy in subjects with positive result for either test. Trial results will be submitted to the FDA following data analysis after completion of the six week response window.

Epigenomics AG Reports Earnings Results for the Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Epigenomics AG reported earnings results for the year ended December 31, 2014. For the year, the company’s total revenue amounted to EUR 1.5 million against EUR 1.6 million a year ago. The slight decrease compared to the previous year was mainly due to the phase out of some existing licensing agreements ahead of the expected approval of the Epi proColon(R) test kit for commercialization in the U.S.A. On this basis operating loss (EBIT) in 2014 widened to EUR 8.4 million against EUR 7.3 million a year ago. Due to non-cash interest expenses in the amount of EUR 0.5 million for the convertible bond program, net loss increased to EUR 8.9 million against EUR 7.4 million a year ago. This equals a loss per share of EUR 0.65 against EUR 0.62 a year ago. For 2015, the company expects revenue to be in the range of EUR 3.0 million to EUR 4.0 million with the bulk of this in the second half of the year. This assumes the approval of Epi proColon(R) in the U.S.A. around the middle of 2015. This growth in revenue is almost exclusively driven by the expected initial product sales in the U.S.A. and in China. EBIT loss for 2015 is expected to be at a lower level than in 2014 at EUR 10.0 million to EUR 11.0 million. Efforts to develop the U.S. market for the company's lead product will initially hinder the operating result. In addition, expenditures in connection with the current ADMIT trial, as well as a post-approval study expected to be mandated as part of the FDA approval in the second half of 2015, will also be contributing factors.


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