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ANGLE plc ( (GB:CLBX) ) has issued an announcement.
CelLBxHealth plc has announced a successful proof-of-concept study demonstrating the compatibility of its Parsortix platform with Roche Tissue Diagnostics’ BenchMark ULTRA automated staining system. This study, presented at the World ADC Conference, highlights the potential of combining CelLBxHealth’s technology with Roche’s platform for improved cancer biomarker analysis. The integration of CTC-based biomarker assessment into antibody-drug conjugate (ADC) development could optimize patient selection and improve treatment outcomes, addressing the growing demand for targeted cancer therapies. The findings underscore the importance of CTCs as dynamic biomarkers in oncology, offering a safer and more efficient alternative to traditional tissue biopsies.
The most recent analyst rating on (GB:CLBX) stock is a Sell with a £2.00 price target. To see the full list of analyst forecasts on ANGLE plc stock, see the GB:CLBX Stock Forecast page.
Spark’s Take on GB:CLBX Stock
According to Spark, TipRanks’ AI Analyst, GB:CLBX is a Underperform.
The overall stock score reflects significant financial challenges and bearish technical indicators. ANGLE plc is struggling with declining revenues, persistent losses, and liquidity issues. The technical analysis indicates a strong downtrend, and valuation metrics are unfavorable with a negative P/E ratio. Despite some positive developments in pharma collaborations, the need for additional funding and adverse market conditions weigh heavily on the stock’s outlook.
To see Spark’s full report on GB:CLBX stock, click here.
More about ANGLE plc
CelLBxHealth plc is a global precision circulating tumor cell (CTC) intelligence company that specializes in innovative CTC solutions for research, drug development, and clinical oncology. The company’s patent-protected Parsortix® platform is designed to harvest CTCs from blood, integrating seamlessly with existing laboratory instruments for comprehensive downstream analysis, including whole-cell imaging, proteomic profiling, and genomic workflows. CelLBxHealth’s commercial activities focus on product sales, lab-developed tests, and laboratory services, with a portfolio that includes the Parsortix® platform and associated consumables and assays.
Average Trading Volume: 2,550,398
Technical Sentiment Signal: Sell
Current Market Cap: £8.22M
For a thorough assessment of CLBX stock, go to TipRanks’ Stock Analysis page.