Proteomics International Laboratories (ASX:PIQ) said results from a 350-person study for its blood test for esophageal adenocarcinoma, PromarkerEso, showed that the test has excellent discrimination for all stages of the cancer, as well as high levels of sensitivity, specificity, positive and negative predictive values for all stages, according to a Friday Australian bourse filing.
The results of the study demonstrated that the increasing severity of disease is significantly correlated with increasing PromarkerEso test scores.
The test also showed acceptable performance for diagnosing the pre-malignant condition Barrett's Esophagus with high-grade dysplasia.
The results of the study will be presented at the ISDE World Congress for Esophageal Diseases in Brisbane on Friday, and PromarkerEso will be formally launched at the conference. The test is available across Australia to patients through a telehealth consultation and physician referral.
Its shares rose 7% in recent trading on Friday.