Really excited to announce our investment in Xgenera! Xgenera are revolutionising cancer diagnosis with their multi-cancer early detection (MCED) test, miONCO, which can identify 12 of the most prevalent and life-threatening cancers at early stages, often before symptoms manifest. Our decision to invest was significantly influenced by Xgenera's exceptional leadership team. Co-founders Dr Andy Shapanis and Professor Paul Skipp bring over 25 years of internationally recognised research experience in oncology and cancer biology. Their dedication to advancing early cancer detection aligns perfectly with our mission to support deep-tech ventures addressing global challenges. We are excited to support Xgenera in their journey to transform cancer diagnostics and improve patient outcomes worldwide. Empirical Ventures, Ascension, QantX Madeleine Nichols, PhD, Johnathan Matlock, Curran Kalha, Ph.D., Trang K. Nguyen, Alexander Fink, Keith Lipman
If you want to implement a scalable multi-cancer early detection test, what does that test need to look like and why hasn't this panacea of cancer intervention already happened? Our latest investment into Xgenera who have raised £3.5m from Empirical Ventures, Ascension and lead investor QantX might just have the answer. With a £2.5m grant from NIHR (National Institute for Health and Care Research), CEO Dr Andy Shapanis and CSO Prof Paul Skipp are the next entrepreneurial scientists we are backing at EV. Xgenera have a very promising multi cancer early detection test (MCED) called miONCO that was developed from analysing relative expression profiles of 50 microRNAs in 20,000 patient samples. Xgenera’s two step test would detect cancer using a computational algorithm to identify microRNA profiles extracted from patient blood samples, and then predict the site of origin of the cancer. As a screening test this could improve patient lives significantly. Xgenera's miONCO test satisfies the high level requirements for an MCED - it can diagnose multiple cancers (12) and based on miRNA markers it can detect signals earlier in the cancer stages compared to next-generation sequencing based approaches. The test will be developed into a qPCR format in partnership with YouSeq and can be administered via blood draws. CAPITAL AT RISK. FOR PROFESSIONAL INVESTORS ONLY. https://lnkd.in/dnWqFxYH Thank you to EV team members: Madeleine Nichols, PhD, Dr Ben Miles, Ph.D., Johnathan Matlock, Curran Kalha, Ph.D., Trang K. Nguyen, Alexander Fink and Keith Lipman Thank you to Jane Theaker who made the introduction to Dr Andy Shapanis. Thank you to our IP partner Abel + Imray and Tom Turner.
Very exciting- looking forward to news in 2025.
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