TIDMVRCI

Verici Dx PLC

24 April 2023

Verici Dx plc

("Verici Dx" or the "Company")

Final results timing

Verici Dx plc (AIM: VRCI), a developer of advanced clinical diagnostics for organ transplant, announces that it expects to report its final results for the year ended 31 December 2022 before the end of May 2023.

Verici Dx remains on track to report the full data readout from its Clarava(TM) validation trial during Q2 2023.

As indicated in the March progress update announcement, the Company had a cash balance of $9.81m as at 31 December 2022, which is expected to provide a cash runway until mid-2024.

Enquiries:

 
Verici Dx                                                        www.v ericidx .com 
Sara Barrington, CEO                                                Via Walbrook PR 
Julian Baines, Chairman 
 
Singer Capital Markets (Nominated                             Tel: +44 20 7496 3000 
 Adviser & Broker) 
Aubrey Powell / Sam Butcher 
 
Walbrook PR Limited                Tel: +44 20 7933 8780 or vericidx@walbrookpr.com 
Paul McManus / Stephanie Cuthbert                  Mob: +44 7980 541 893 / +44 7796 
 /                                                                        794 663 / 
 Sam Allen                                                            07502 558 258

About Verici Dx plc www.vericidx.com

Verici Dx is a developer of a complementary suite of leading-edge tests forming a kidney transplant platform for personalised patient and organ response risk to assist clinicians in medical wmanagement for improved patient outcomes. The underlying technology is based upon artificial intelligence assisted transcriptomic analysis to provide RNA signatures focused upon the immune response and other biological pathway signals critical for transplant prognosis of risk of injury, rejection and graft failure from pre-transplant to late stage. The Company also has a mission to accelerate the pace of innovation by research using the fully characterised data from the underlying technology and collaboration with medical device, biopharmaceutical and data science partners.

The foundational research was driven by a deep understanding of cell-mediated immunity and is enabled by access to expertly curated collaborative studies in highly informative cohorts in kidney transplant.

Verici Dx's two lead products are Clarava(TM), a pre-transplant prognosis test for the risk of early acute rejection, and Tutivia(TM), a post-transplant test focused upon acute cellular rejection, including sub-clinical rejection. These products seek to measure how a patient is likely to respond, and is responding, to a kidney transplant. These products are underpinned by extensive patented and published scientific research from the leading Mount Sinai Medical Center, for which the Company holds an exclusive worldwide licence.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NRASESFWFEDSEEL

(END) Dow Jones Newswires

April 24, 2023 02:00 ET (06:00 GMT)

Verici Dx (LSE:VRCI)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Verici Dx Charts.
Verici Dx (LSE:VRCI)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Verici Dx Charts.