Owlstone Medical, of Cambridge, UK, has announced that it has received $15 million in financing to promote the global commercialization of the BreathBiopsy respiratory biopsy platform. The financing was led by Li Ka-shing's private equity investment fund Horizons Ventures.
Recently, Owlstone Medical, based in Cambridge, UK, announced that it has received $15 million in financing to promote the global commercialization of the BreathBiopsy respiratory biopsy platform, supporting the introduction of lung cancer breath biopsy testing on the platform and deepening the expansion of various cancers. Early detection of product pipelines, deepening the integration of its precision medical services into the pharmaceutical industry. The financing was led by Li Ka-shing's private equity investment fund Horizons Ventures, and former investor Aviva Ventures followed suit.
Owlstone Medical has developed a respiratory biopsy device for non-invasive detection of patient respiratory metabolomics for early detection and real-time monitoring of disease activity, primarily for early stages of cancer, inflammation and infectious diseases Detection and diagnosis. Its mission is to save 100,000 lives a year and save $1.5 billion in medical costs, with the goal of becoming a global leader in non-invasive diagnosis of cancer, infectious diseases and inflammatory diseases.
The disease has a direct effect on the body's metabolism, which will trigger a change in volatile metabolites (VOC) exhaled in the patient's breath, BreathBiopsy? It is based on the detection of such changes and becomes a key tool for early diagnosis of the disease.
The significance of this is that it is possible to completely change the early diagnosis and precise treatment of diseases such as cancer. This technology allows diseases to be discovered early, early guidance to choose the right treatment, more effective treatment, improved patient outcomes and lower health care costs, can save more lives.
Currently, the respiratory biopsy platform is conducting the following clinical trials worldwide: early diagnostic tests for lung cancer and colorectal cancer, for early diagnosis of 8 different types of cancer.
“We are delighted that Horizons Ventures and Aviva have teamed up to lead this round of financing. Since the inception of Owlstone, we have established innovative development projects for respiratory biopsy,†said Billy Boyle, co-founder and CEO of Owlstone. Financing funds will enable us to demonstrate the market leading position and potential value of our respiratory biopsy in the early stages of disease diagnosis and precision medicine."
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"Owlstone Respiratory Biopsy's market leadership in early diagnosis and precision medicine, and potentially important value has attracted Li Jiacheng's $15 million investment. Currently, Owlstone Medical has developed a respiratory biopsy device that may revolutionize cancer and other diseases. Early diagnosis and precision medicine.
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