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Msg  201 of 206  at  1/29/2019 1:05:00 PM  by

futurequest


News Today & stock up 35% today off lows

 from press release-  and remember OncoCyte is about 48% owned by Biotime-
 
OncoCyte Announces Successful Results of DetermaVu™ R&D Validation Study
Results show 90% sensitivity and 75% specificity, demonstrating best-in-class performance
On track for commercial availability of DetermaVu™ Lung in 2H 2019
Results suggest the potential to address a U.S. market opportunity of $4.7 billion
Unique immune system interrogation approach may have potential for early detection of other cancers
Company to host conference call today at 8:30am ET
ALAMEDA, Calif., Jan. 29, 2019 (GLOBE NEWSWIRE) -- OncoCyte Corporation (NYSE American: OCX), a developer of novel, non-invasive tests for the early detection of cancer, today announced positive results from its key R&D Validation study demonstrating the accuracy of the Company’s DetermaVu™ liquid biopsy test for lung cancer.
The R&D Validation study demonstrated a sensitivity of 90% (95% CI 82%-95%) and specificity of 75% (95% CI 68%-81%) of DetermaVu™ on a prospectively collected cohort of 250 patient blood samples that were blinded to laboratory operators. Sensitivity is the percentage of malignant nodules that are correctly identified and specificity is the percentage of benign nodules correctly identified. A 95% confidence interval (CI) suggests that there is a 95% chance that final test performance will be within the stated range.
These results show that DetermaVuTM significantly exceeds the critical parameters necessary for use in lung cancer diagnosis and that DetermaVuTM clearly outperforms reported results from competitors’ tests and other clinical models. Based on this strong performance, OncoCyte believes that DetermaVuTM is the best-in-class lung cancer liquid biopsy diagnostic test. OncoCyte plans to make DetermaVuTM commercially available in the second half of 2019, with the goal of fundamentally changing the way lung cancer is diagnosed.
 


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