Pacific Edge Limited

Last updated

Pacific Edge Limited
Company type Public
NZX: PEB
Industry Cancer diagnostics
Founded2001
Headquarters
Dunedin, New Zealand and Hershey, USA
Area served
New Zealand, Australia, Spain, United States of America
Key people
David Darling [1] [2] (Group CEO) and Jackie Walker (CEO of Pacific Edge Diagnostics USA)
ProductsCxBladder Suite of bladder cancer diagnostics tools
Services Urology
Revenue$4m as at November 2015
Number of employees
Approx 50 globally
Website pacificedgedx.com

Pacific Edge Limited, based in New Zealand, focuses on cancer diagnostics with a suite of bladder cancer diagnostic tools using genetic biomarkers. The company operates with a head office in Dunedin, New Zealand, and also has an office in Hershey, USA. It is listed on the New Zealand NZX main board stock exchange and is included in the NZX 50 Index. [3]

Contents

History

Pacific Edge, founded in August 2001, [4] utilizes genetic biomarkers in urine for cancer detection. Their approach is positioned as cost-effective compared to other diagnostic methods. [5] The company offers diagnostic services in New Zealand and the United States and has partnerships in Europe and Australia.

Listed on the New Zealand NZX index, Pacific Edge has undertaken capital raising initiatives, with rounds in 2013 and 2015 aimed at advancing the commercialization of their diagnostic tests in the United States. [6] In June 2020, Pacific Edge secured a commercial relationship with Kaiser Permanente, one of the largest health insurance providers in the U.S., for its bladder cancer tests. [7]

Products

Pacific Edge offers a series of bladder cancer diagnostic tests known as CxBladder. These tests include specialist subtype products designed for the detection of cancerous cells and to aid clinicians and oncologists in triage. [8] The tests are based on non-invasive urine samples, utilizing RNA and protein assays. CxBladder is noted for its sensitivity and potential for earlier detection of bladder cancer, compared to other diagnostic methods such as cytology. [9] [10] [11] [12] [13] [14]

Awards

Pacific Edge has won a number of awards, including:

Related Research Articles

<span class="mw-page-title-main">David Parker (New Zealand politician)</span> New Zealand politician

David William Parker is a New Zealand Labour Party politician who served as Attorney-General, Minister for the Environment, Minister of Transport and Associate Minister of Finance in the Sixth Labour Government. He previously served as a Cabinet Minister in the Fifth Labour Government, Deputy Leader of the New Zealand Labour Party and Deputy Leader of the Opposition from September 2013 to September 2014, and as interim Leader of the Labour Party from September to November 2014. He represented the Otago electorate at the 47th Parliament and has since served as a list MP.

New Zealand's Exchange, known commonly as the NZX, is the national stock exchange for New Zealand and a publicly owned company. NZX is the parent company of Smartshares, and Wealth Technologies.

Graeme Richard Hart is a New Zealand billionaire businessman and the country's wealthiest person. He prefers to stay out of the media and makes few public appearances. As of March 2022, his net worth was estimated at US$9.7 billion.

<span class="mw-page-title-main">Infratil</span> New Zealand investment company

Infratil Limited is a New Zealand-based infrastructure investment company. It owns renewable energy, digital infrastructure, airports, and healthcare assets with operations in New Zealand, Australia, Asia, the US and Europe. Infratil was founded by the late Lloyd Morrison, a Wellington-based merchant banker. Morrison's company, H. R. L. Morrison & Co, is responsible for Infratil's management and administration.

<span class="mw-page-title-main">Dunedin Airport</span> Airport in Dunedin, New Zealand

Dunedin Airport, officially Dunedin International Airport, also known as Momona Airport, is an international airport in the Otago region of the South Island of New Zealand, serving Dunedin city and the Otago and Southland regions. Dunedin Airport is one of two international airports in Otago, the other being Queenstown International Airport. It is located adjacent to the village of Momona on the Taieri Plains approximately 22 kilometres south west of Dunedin CBD. It is the fifth busiest airport in New Zealand by passengers.

<span class="mw-page-title-main">Restaurant Brands</span> New Zealand fast food company

Restaurant Brands New Zealand Limited, trading as Restaurant Brands, is a New Zealand fast food company. Restaurant Brands currently operates and owns the master franchising rights for the Carl's Jr., KFC, Pizza Hut, and Taco Bell brands in New Zealand. Restaurant Brands operates most of New Zealand's stores for the brands they own rights to and provides management and support services to New Zealand's independent franchisees of the remaining stores.

<span class="mw-page-title-main">SLI Systems</span>

SLI Systems provided cloud-based search tools for online retailers under a "software as a service" (SaaS) model. It was a public company listed on the New Zealand stock exchange.

<span class="mw-page-title-main">Dave Cull</span> New Zealand politician (1950–2021)

David Charles Cull was the mayor of the city of Dunedin in New Zealand. He became the 57th Mayor of Dunedin in October 2010 and was re-elected in both the 2013 mayoralty race and 2016 mayoral election. Before politics, he was a presenter for Television New Zealand and an author.

iD Dunedin Fashion Week is an annual festival of fashion held in the New Zealand South Island city of Dunedin. The festival has been held regularly since 1999, and is held in the southern autumn in March or April.

Metlifecare is one of New Zealand's largest retirement village providers. They currently own and operate 43 retirement villages throughout the North Island of New Zealand.

<span class="mw-page-title-main">Warren Tate</span> New Zealand biochemist and researcher

Warren Perry Tate is a New Zealand biochemist and professor of biochemistry at the University of Otago.

<span class="mw-page-title-main">Sealegs Amphibious Craft</span> Motor vehicle

Sealegs Amphibious Craft are a type of amphibious vehicle manufactured by Sealegs International Ltd, a company based in Auckland, New Zealand. Sealegs craft are aluminium fabricated boats fitted with either a hydraulic amphibious system or an electric amphibious system. Both amphibious systems consist of three wheels – one fitted to the bow and two fitted to the transom of the craft. In craft with the hydraulic system, these wheels are lifted, lowered and driven by the hydraulic system which is powered by a petrol engine mounted on the deck. In craft with the electric system, the wheels are equipped with brushless high-torque electric motors, and powered by a central 48-volt 7-kWh lithium battery pack.

<span class="mw-page-title-main">Naturism in New Zealand</span> Lifestyle of living without clothing in New Zealand

Naturism refers to a lifestyle of practising non-sexual social nudity in private and in public, and to the cultural movement which advocates and defends that lifestyle. Both are also known as "nudism". Naturist organisations have existed in New Zealand since the 1930s. Although not a daily feature of public life, social nudity is practised in a variety of other contexts in New Zealand culture.

Urinary cell-free DNA (ucfDNA) refers to DNA fragments in urine released by urogenital and non-urogenital cells. Shed cells on urogenital tract release high- or low-molecular-weight DNA fragments via apoptosis and necrosis, while circulating cell-free DNA (cfDNA) that passes through glomerular pores contributes to low-molecular-weight DNA. Most of the ucfDNA is low-molecular-weight DNA in the size of 150-250 base pairs. The detection of ucfDNA composition allows the quantification of cfDNA, circulating tumour DNA, and cell-free fetal DNA components. Many commercial kits and devices have been developed for ucfDNA isolation, quantification, and quality assessment.

<span class="mw-page-title-main">Ingrid Leary</span> New Zealand politician

Ingrid Marieke Leary is a New Zealand politician. In 2020 she was elected as a Member of Parliament in the House of Representatives for the Labour Party.

<span class="mw-page-title-main">Rachel Brooking</span> New Zealand Labour Party politician

Rachel Jane Brooking is a New Zealand Labour Party politician and Member of Parliament who served as the Minister for Oceans and Fisheries and Minister for Food Safety in the Sixth Labour Government. She first became an MP at the 2020 New Zealand general election. She is a lawyer by profession.

<span class="mw-page-title-main">Faʻafetai Sopoaga</span> Professor at a New Zealand university and medical practitioner and public health researcher

Faumuinā Faʻafetai Sopoaga is a Samoan-New Zealand academic specialising in Pacific health, Pacific workforce development, Pacific students, and Pacific communities. She is a professor at the Dunedin School of Medicine at the University of Otago, Dunedin. When she was appointed, she became the first Pacific woman medical doctor to be appointed in a professorial role at any university in Australia or New Zealand, and the first Pacific woman to be appointed a professor at the University of Otago.

<span class="mw-page-title-main">Serko</span> Travel management company

Serko Limited, known as Serko, is a travel management and expense technology company headquartered in New Zealand.

Jules Vincent Radich is a New Zealand politician who has served as the 59th mayor of Dunedin, New Zealand since 2022. He has also served as councillor for the Dunedin City Council since 2019. Radich also serves as deputy Chair of Infrastructure and sits as a member on the Saddle Hill Community Board.

References

  1. ↑ "PEB.NZ Profile - Pacific Edge Limited Ordinary S Stock - Yahoo! Finance". Yahoo! Finance . Retrieved 31 December 2015.
  2. ↑ "Pacific Edge first-half loss widens". The New Zealand Herald . Retrieved 31 December 2015.
  3. ↑ "Pacific Edge Limited" . Retrieved 31 December 2015.
  4. ↑ "NZX Main Board - PEB Analysis". NZX . Retrieved 31 December 2015. Pacific Edge Limited (PEB) was formed in August 2001 following acquisition of intellectual property from the University of Otago.
  5. ↑ "Pacific Edge shares soar to new high". New Zealand Herald. 22 October 2013. ISSN   1170-0777 . Retrieved 31 December 2015.
  6. ↑ "Pacific Edge seeks $35.3M to fund US growth". The New Zealand Herald. Retrieved 31 December 2015.
  7. ↑ "Kaiser Permanente Approves Commercial Use of Cxbladder - NZX, New Zealand's Exchange". www.nzx.com. Retrieved 25 June 2020.
  8. ↑ "Suite of cancer products grows". Otago Daily Times. 29 December 2015. Retrieved 31 December 2015.
  9. ↑ Alan Wood (27 May 2015). "Pacific Edge's FY loss widens to $10.58m, plans to raise $35.3m". Stuff.co.nz . Retrieved 31 December 2015.
  10. ↑ Janis C. Kelly (26 October 2015). "Urinary Biomarkers Not Useful for Bladder Cancer Diagnosis". Medscape . Retrieved 31 December 2015.
  11. ↑ MARTA STEEMAN (9 June 2015). "Singapore hospital to trial Pacific Edge's main bladder cancer detection product". Stuff.co.nz . Retrieved 31 December 2015.
  12. ↑ "Warning over bladder cancer test". Stuff.co.nz . 11 July 2014. Retrieved 31 December 2015.
  13. ↑ "Pacific Edge sales up; still no profit". Otago Daily Times. 27 November 2015. Retrieved 31 December 2015.
  14. ↑ "Pacific Edge gets US approval for Dunedin laboratory". The New Zealand Herald . Retrieved 31 December 2015.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.