Business
Test Signal Launch and Contract Wins
Test Signal Launch and Contract Wins.
About this update from Diaceutics Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0494V\n Diaceutics PLC\n 09 December 2021\n \n \n \n \n 9 December 2021 \n \n \n \n \n \n Diaceutics PLC\n \n \n (\"Diaceutics\" or \"the Company\")\n \n \n \n \n \n Launch of Test Signal and multi-year subscription contracts\n \n \n \n \n \n \n Diaceutics PLC\n \n , (\n AIM: DXRX), \n the \n diagnostic commercialisation company, is pleased to announce the launch of its real-time Test Signal service in the US. Test Signal alerts a pharma customer when a patient tests positive for a biomarker linked to the profile of therapeutic linked to the pharmaceutical company. This information can now be provided within days of the test result being recorded by laboratories linked to this new service. Test Signal allows the opportunity for real time identification of patients eligible for treatment and follow up by the pharmaceutical company's marketing organisation. This will allow quicker and better support to biomarker testing, allowing earlier treatment with the most appropriate drug treatment sooner. \n \n \n \n \n \n Test Signal was previously available as a monthly report. However, with the additional investment Diaceutics' has made, Test Signal alert is now available as a real time report further enhancing the DXRX Diaceutics Commercialisation Platform. This service now adds to the comprehensive suite of modules now being offered by Diaceutics, on a subscription basis. Work is now nearing completion for additional modules that will join Test Signal on the DXRX Commercialisation Platform. \n \n \n \n \n \n Test Signal was trialled prior to launch with key Pharma clients from the beginning of November 2021 and the Company is delighted to report that it has already secured six multiyear data subscriptions for the service. This opens up a new revenue stream for Diaceutics which will be added to as the Commercialisation Platform matures, underpinning the Company's confidence in achieving sustained long-term growth.\n \n \n \n \n \n Peter Keeling, CEO and Founder of Diaceutics, commented:\n \n \n \n \n \n \n \"The launch of Test Signal represents another big step on our journey towards platformisation of our business model and delivery of recurring, high margin and scalable multi year subscription revenues. The provision of this sophisticated real time patient ...