Home HealthCare Healthcare Stock In Focus: Biocept Inc (NASDAQ:BIOC)

Healthcare Stock In Focus: Biocept Inc (NASDAQ:BIOC)

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Headline: The organization has a place with Healthcare part and Medical Laboratories & Research industry. Shares of BIOC finished Tuesday session in red in the midst of unstable exchanging. As Columbia University Medical Center Sponsors Clinical Study Using Biocept’s Liquid Biopsy Platform to Evaluate Cerebrospinal Fluid of Breast Cancer Patients for Metastatic Biomarkers.

Exchanging Updates: BIOC went down -4.85% amid exchanging on 29/12/2016, with the organization’s shares hitting the cost close $0.780 on dynamic exchanging volume of 139,279.00 looked at its three months normal exchanging volume of 237,287.00. The firm is currently exchanging -8.70% low its 20 day moving normal, SMA 50 of -9.13% and a SMA 200 of -8.24%. BIOC stock opened its last exchange at $0.80 and after moving in an extent of $0.78 to $0.82.

Stock enlisted one year high at 0.49 and the one year low of 1.88.BIOC stock’s cost is currently -58.51% down from its 52-week high and 59.18% up from its 52-week low. BIOC institutional possession is held at 1.70% while insider proprietorship was 11.80%.

News:  Biocept, Inc. (BIOC), a main business supplier of clinically significant fluid biopsy tests intended to enhance the results of tumor patients, pronounces that Columbia University Medical Center will direct a review to assess the clinical utility of the Company’s Target Selector™ stage to analyze leptomeningeal metastases (LM) in patients with bosom disease. LM happens when tumor cells access cerebrospinal liquid (CSF) pathways and regrow in removed locales inside the spinal line and cerebrum prompting to neurological confusions. Biocept’s fluid biopsy stage will be utilized to test the CSF of bosom disease patients and will be difference to standard strategies for affirming the determination of LM.

“Diagnosing LM in patients with bosom tumor can challenge given the low indicative affectability of customary strategies, for example, cytologic examination,” expressed Kevin Kalinsky, MD, MS, Assistant Professor of Medicine, Columbia University Medical Center and the review’s foremost examiner. “We will utilize Biocept’s Target Selector™ innovation to assess oncologic biomarkers in the CSF of bosom malignancy patients, with the possibility to give a quick and exact answer for affirm conclusion and encourage patients to start treatment for LM prior. This clinical review addresses a noteworthymedical require, given the staggering way of LM association in bosom tumor patients.”

The clinical trial is relied upon to select 46 patients with bosom growth who are experiencing lumbar cut to distinguish the nearness of LM. The essential review goal is to figure out if Biocept’s Target Selector™ flowing tumor cell (CTC) innovation has higher affectability for the recognition of LM, as difference to standard cytopathological examination. Auxiliary review destinations incorporate the accompanying:

  • Looking at every patient’s CTCs and cfDNA gathered in CSF with blood tests.
  • Looking at the execution of Biocept’s Target Selector™ CTC stage to standard cytopathology in diagnosing LM inside 2 subgroups: patients with LM affirmed by MRI and those with suspicious LM discoveries from MRI.
  • Investigating CTC and cfDNA levels from the CSF of patients with an underlying negative LM discovering utilizing standard cytopathologic and CTC examination.
  • Surveying the attainability of deciding estrogen, progesterone and HER2 receptor status on CTCs gathered from CSF tests utilizing Biocept’s Target Selector™ innovation.
  • Surveying concordance between the receptor status of the essential as well as metastatic tumor and that of the LM cells gathered utilizing Biocept’s Target Selector™ innovation.

“We are exceptionally upbeat to again team up with Dr. Kalinsky and Columbia University Medical Center in this review intended to additionally approve the clinical utility of our Target Selector™ stage to enhance the analysis and treatment of LM,” said Michael W. Nall, Biocept’s President and CEO. “Among the noteworthyadvantages of our innovation is its flexibility, which encourages applications in different clinical circumstances and for use with various biofluids, conceivably opening up future markets and extended business openings.”Specialized pointer: ATR remains at 0.06 while Beta variable of the stock stands at N/A. Beta component is utilized to gauge the unpredictability of the stock. The stock remained 7.21% unstable for the week and 7.59% for the month. Investigating the gainfulness proportions of BIOC stock, financial specialist will discover its ROE, ROA and ROI remaining at N/A, -279.40% and -390.80%, separately. The present relative quality record (RSI) perusing is 39.91. The specialized pointer doesn’t persuade the stock will see more increases at any point in the near future.

Summary: Biocept, Inc., a disease diagnostics organization, creates and popularizes exclusive flowing tumor cell (CTC) and coursing tumor DNA tests using a standard blood test. The company’s growth tests give a data to oncologists and different doctors that encourage them to choose customized treatment for their patients in view of definite information on the qualities of tumors. It offers examines for strong tumor signs, for example, bosom malignancy, lung disease, gastric growth, colorectal tumor, prostate malignancy, and melanoma. The organization offers its tumor symptomatic examines straightforwardly to oncologists and different doctors at private and gathering practices, healing centers, and disease focuses in the United States, notwithstanding markets its clinical trial and research administrations to pharmaceutical and biopharmaceutical organizations, and clinical research associations. Biocept, Inc. was established in 1997 and is headquartered in San Diego, California.