GREY:DGCRF - Post by User
Post by
ready2go1on Mar 01, 2010 10:31pm
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Post# 16831895
additional old research comments (2005)
additional old research comments (2005)Investment Rewards
DiagnoCure’s PCA3 marker may offer unique advantages over the
currently used PSA test, which could lead to widespread adoption and a
dominant position in the prostate cancer screening market, estimated at
45 million PSA tests annually. Prostate cancer screening is recommended for allmen over 50, but the current screening technology has significant shortcomings,
as it is not able to differentiate between prostate cancer and other benign
conditions. As the most prostate cancer-specific marker described to date, PCA3
has shown superior sensitivity and specificity compared with the PSA test. We
expect the PCA3 test to be used, initially, for patients with an elevated PSA
and previous negative biopsies, in order to reduce the number of unnecessary and
costly biopsies being conducted. Based on our discussions with urologists, who
indicated that a novel marker with better sensitivity and specificity than PSA
would be a welcome improvement, we believe that over the long term, the PCA3
test could displace the PSA test as a screening tool for prostate cancer.
We believe that the wider adoption of PCA3 testing could drive between
$10.00/sh and $20.00/sh in upside to our current valuation of DiagnoCure.