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Company type | Public |
---|---|
NZX: PEB | |
Industry | Cancer diagnostics |
Founded | 2001 |
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) |
Products | CxBladder Suite of bladder cancer diagnostics tools |
Services | Urology |
Revenue | $4m as at November 2015 |
Number of employees | Approx 50 globally |
Website | pacificedgedx |
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]
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]
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]
Pacific Edge has won a number of awards, including:
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Pacific Edge Limited (PEB) was formed in August 2001 following acquisition of intellectual property from the University of Otago.