Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum StageZero Life Sciences Ltd T.SZLS

Alternate Symbol(s):  SZLSF

StageZero Life Sciences, Ltd. is a Canada-based vertically integrated healthcare company. The Company is engaged in improving the early detection and management of cancer and other chronic diseases through diagnostics and telehealth programs that provide clinical interventions to assist patients who have cancer (COC Protocol), and help patients reduce the risk of developing late-stage disease... see more

TSX:SZLS - Post Discussion

StageZero Life Sciences Ltd > Industry Shift To Multicancer Early Detection Technology
View:
Post by TheDudeAbides on Mar 06, 2021 4:12pm

Industry Shift To Multicancer Early Detection Technology

Thought I would share this article. Starting to see a real movement towards the screening of Cancer. It seems the medical community and broader market no longer need the hard sell on adopting liquid biopses as a Cancer Screening method which has been a struggle in the past (I think Genenews was ahead of its time).

It's pretty simple, if our executive team has a good solid plan in place for our product launch and the ability/fortitude to execute it, there is no doubt we have a place as a second tier vendor in this space.

As you have referenced many times Jim, it's all about execution, right? You and your team will have plenty of time to pat yourselves on the back following a successfull rollout, a rollout that should include significant industry partnership/s.

Link;

https://www.ajmc.com/view/novel-multicancer-early-detection-technology-potential-value-to-employers-and-the-workforce


Novel Multicancer Early Detection Technology—Potential Value to Employers and the Workforce

December 18, 2020
Joshua J. Ofman, MD, MSHS , Azra Raza, MD , A. Mark Fendrick, MD
 
Evidence-Based OncologyDecember 2020, Volume 26, Issue 10
Page Number: SP363

 

Multicancer early detection technology could help reduce cancer mortality compared to the current strategy of single-cancer screening tests. 

 

Cancer is soon to become the world’s leading killer. Despite significant advances in therapeutics and guideline-recommended tests that screen for 5 cancer types—a single cancer at a time—cancer kills nearly 1700 of our loved ones every day in the United States.1 The fact remains that even today, the majority of cancers still lack screening tests and are therefore detected too late and often not impacted by available therapies, leading to poor patient outcomes.

in developing novel therapeutics, these mortality numbers are simply unacceptable. As such, we believe the best chance at reducing cancer mortality is to increase focus on cancer prevention and early detection. Because age is an established risk factor for many malignancies, there may be a misperception that cancer is a disease of the elderly; however, cancer strikes all age groups.

Cancer is a disease that strikes great fear in many individuals, but it is also a disease of interest and concern for the self-insured and employers. Employers have a bigger stake in the health of their employees, employees’ families, and employee productivity than any other entity or institution in our society. As they balance strategies to optimize the health of their employees and beneficiaries while constraining growth in health care costs, employers find cancer represents a substantial challenge. This complexity relates to many factors, including a dearth of data on quality of care, as well as a lack of price transparency. These factors are magnified by the fact that the term “cancer” translates into hundreds of specific clinical scenarios, compared with hypertension or diabetes, with each having an extensive array of services needed to support employees and their families when faced with a cancer diagnosis.

Cancer is among the top diagnoses in terms of the number of claims and the total cost of treatment. In 2018 alone, there were 12 claims over $3 million, and 4 were driven by cancer-related treatments.2 Additionally, cancer was the most common million-dollar claim category for ages 40 to 59.2 Out-of-pocket costs for cancer treatments, including surgical procedures, radiation treatment, and chemotherapy totaled a whopping $5.6 billion in the United States in 2018.3 Not surprisingly, for the past several years, cancer has continually topped the list as both the number 1 and number 2 highest-cost claim conditions, accounting for 26.8% and $936.3 million of the total stop-loss reimbursements.2

“Financial toxicity, ” which refers to the negative impact of rising out-of-pocket costs on patients’ physical and financial well-being, is well documented across numerous cancer diagnoses. Prospects to mitigate these cost pressures are bleak in that overall cancer costs continue to rise. The US expenditure on cancer-related health care is projected to increase from $183 billion in 2015 to $246 billion in 2030—an increase of 34%. These high costs are paid by people with cancer as well as their families, employers, insurance companies, and taxpayer-funded public programs like Medicare and Medicaid.4

The direct costs of cancer care can be superseded by the indirect costs resulting from lost productivity.5 Estimates suggest that indirect costs represent the greatest proportion of total cancer costs to an employer in certain clinical circumstances, largely due to short-term and long-term disability.5 Cancer also contributes significantly to early retirement and premature death.5

We have made great strides in the development of cancer therapeutics, particularly with specialty pharmaceuticals, but this has led to a parallel increase in cost. Notably, within the top 20 highest-cost injectable drugs, 71% of the spending was related to medications used to treat cancer. Furthermore, all of the top 5 highest-cost injectable drugs and 8 of the top 10 were drugs most commonly used in cancer treatment.2Employers have expressed a substantial interest in better understanding how to improve the quality and reduce the cost of treatment once a diagnosis is made.5 This prompts us to ask: What if cancer diagnoses were made early enough to have treatments lead to superior patient-centered outcomes and more efficient health care spending?

Early detection of cancer can undoubtedly save lives, yet most cancers are diagnosed too late. It is well recognized that cancers diagnosed at earlier stages have dramatically better 5-year cancer-specific survival than cancers diagnosed after distant metastases.6Even so, screening is currently recommended for only 5 types of cancers in the Unites States: breast, colorectal, cervical, lung (for high-risk individuals only), and prostate (on an individualized basis). Due to the lack of screening programs for other cancers, they are typically identified at advanced stages when outcomes are poor. Thus, these cancers without currently available screening tests account for about 71% of US cancer deaths among those aged 50 to 79 years old.1,7

There is a misconception that we don’t screen for these cancers because treatments are unavailable. However, a review of evidence-based practice guidelines and peer-reviewed literature shows that nearly all early cancers have effective treatments, including watchful waiting for some non-aggressive malignancies such as early prostate cancers.

A paradigm shift in early detection of cancer is needed to impact the outcomes in patients’ lives. So, what if we were to transition from screening for individual cancers to screening individuals for all possible cancers? This could dramatically improve overall cancer detection, or the Cancer Detection Rate (CDR), in a population.

CDR is the overall number of cancers detected out of the total number of expected cancers in a monitored population. In the United States, for example, there will be an estimated 1.2 million cases of cancer in adults between the ages of 50 to 79 this year; mammography is expected to detect 114,000 of those 1.2 million cancers, yielding a CDR of approximately 9%. A combination of all 5 single-cancer screening tests will yield a CDR of only approximately 16%.8,9 Although this is a notable accomplishment, it will not suffice by itself to bend the cancer mortality curve or address the public health crisis posed by cancer.

Rapid and significant advancement in genomic technologies shows great promise to develop a solution for the inability to diagnose a greater proportion of cancer cases. There are several novel multi-cancer early detection (MCED) tests nearing commercial availability.10-12 These MCED tests use sophisticated technologies to identify signals of early cancer in blood and can detect a variety of cancers, many of which are potentially lethal and currently have no recommended screening tests. The ease and convenience of cancer detection via a single blood draw is an important added advantage that could help achieve better compliance than existing single-cancer screening tests. Still, the goal is not to have an MCED test replace the current cancer screening paradigm, but rather to complement existing single-cancer screening tests.

An MCED test could easily be integrated during preventive care visits or routine blood tests, which approximately 70% of Americans aged 50-79 undergo at least annually.13,14If everyone received an annual MCED blood test in addition to current screening tests, we could potentially increase the CDR to 50%. Notably, this could include detection of some of the deadliest cancers, such as pancreatic, stomach, and lung cancers, which all currently have 5-year survival rates of less than 50%.1,7

Why is MCED such a groundbreaking idea? Because it is simply not feasible to spend billions of dollars over decades to develop and test new screening approaches for each individual cancer. An MCED test could increase CDRs, and yield low false-positive rates which could translate into tremendous benefits for the population. Used alone, MCED tests may still miss some cancers, but some detection is better than no detection.

From an employer’s perspective, stage of disease at diagnosis is an important predictor of clinical outcome and treatment cost, because treatment of advanced-stage cancer is often more intensive than earlier-stage cancer. MCED tests have the potential to reduce per-case resource utilization for cancer management by shifting cancer treatment to earlier stages when fewer resources are needed and cost of treatment is lower. Indeed, 2 to 4 stage I patients could potentially be treated for the same cost as treating 1 stage IV patient (GRAIL, Inc; unpublished data on file). Additionally, early detection of cancers leads to fewer disability claims and less frequent early departure from the workforce.15

In conclusion, it is safe to say that the burden of cancer, both clinically and economically, is immense. While we are making advances in developing novel therapeutics, cancer screening or early detection technologies have not innovated at the same pace thus far, leading to unacceptable cancer mortality numbers. The development of MCED tests could help alleviate this crisis, because these tests could lead to early detection when patient outcomes are more favorable, and they could substantially increase the CDR when compared to the current strategy of single-cancer screening tests. The forthcoming commercial availability of MCED tests could potentially translate to an important value proposition for patients, employers, and payers due to their potential to improve patient-centered outcomes, and the use of MCED tests could lower direct and indirect costs associated with each case diagnosed.

About the Authors

Joshua J. Ofman, MD, MSHS is the chief medical officer and head of external affairs at GRAIL Inc. Azra Raza, MD is the Chan Soon-Shiong professor of medicine and director of the Myelodisplastic Syndrome (MDS) Center at Columbia University in New York, and author of “The First Cell: And the Human Costs of Pursuing Cancer to the Last.” A. Mark Fendrick, MD, is director of the University of Michigan Center for Value-Based Insurance Design.

Comment by LithLover on Mar 06, 2021 5:50pm
Great post thanks for sharing.  Huge opportunity for those that get known in this space.  Be great to be a front runner especially if Biden's next health care focus is cancer screening.  Maybe like an increased social media presence and marketing plan could help.   
Comment by OakTreeforest39 on Mar 06, 2021 6:33pm
It's exactly what they said....concerning a good execution plan....they didn't say it but, covid was the best thing for their plan....covid is a cash cow....they are building lab capabilities, selling/marketing channels, hirings.....etc....on the covid's back....but, like they said ... Aristotle is the focus !  i know they are not communicating enough! That is stressful! But ...more  
Comment by Nailbiter1 on Mar 06, 2021 8:35pm
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities