PredictImmune announces a strategic agreement with Theradiag for French speaking Europe to commercialise PredictSURE IBD™, the world’s first validated prognostic test for inflammatory bowel disease
This exclusive deal with the French diagnostic specialist facilitates the first launch of PredictImmune’s prognostic tests in mainland Europe; and enables IBD patients in France, Belgium, Luxembourg and Switzerland to benefit from early prognosis.
Cambridge, UK, and Croissy-Beaubourg, France 28th October:
PredictImmune, developers of pioneering prognostic tools for guiding treatment options in immune-mediated diseases, today confirmed that it has entered into a commercial partnership with Theradiag, a pioneering European diagnostic company specialising in in vitro diagnostics and theranostics, for autoimmune diseases and the monitoring of biotherapies, specifically for IBD patients. Under the agreement, Theradiag, (which is quoted on the Paris Stock Exchange on Euronext Growth – ISIN: FR0004197747, Ticker: ALTER) will have the exclusive rights to promote, license and distribute PredictSURE IBD™ to local gastroenterologists and commercial and hospital laboratories in France, Belgium, Luxemburg, Switzerland and the Maghreb countries; providing access to the world’s first validated prognostic test for IBD patients across the region.
This latest partnership follows the successful launch of PredictSURE IBD™ in the UK and Ireland in April this year and the recent announcement of an agreement with KSL in the US. It is the result of negotiations between PredictImmune’s global business development team, its CEO Paul Kinnon and representatives from Theradiag and marks a significant milestone for the organisation, namely PredictImmune’s first product launch in Europe and another step towards making PredictSURE IBD™ available worldwide.
The agreement gives patients across Theradiag’s French speaking territories access to the first prognostic test for IBD, enabling them to get a preview of their future disease outcomes at the point of diagnosis. This knowledge opens-up the possibility of better treatment choices early on in their disease, and the ability to make more informed life-style choices which could, in combination, improve the day to day management of the disease and their long-term outcomes. The agreement enables Theradiag to enhance its offering to clinicians; providing more comprehensive support for IBD patients – from a test predicting future disease severity at diagnosis to the monitoring of treatment throughout the patients’ journey.
PredictImmune’s CEO, Paul Kinnon commented: “We are delighted that this new partnership with Theradiag will enable access to PredictSURE IBDTM to patients across French speaking countries in Europe (France, Belgium, Luxembourg, Switzerland) and North West Africa. We believe access to this innovative prognostic test will allow clinicians, in consultation with their patients, to make better informed treatment decisions for individual patients at the point of diagnosis. We strongly believe that better informed decisions will result in better outcomes long-term. This is our first partnership in Europe and is another significant step forward to ensuring IBD patients around the world have access to the best information about their IBD to support their future health.”
Bertrand de Castelnau, Theradiag CEO added:
“We are very pleased and honoured to have been chosen by PredictImmune for these specific missions across these five geographic areas. This partnership highlights our excellent knowledge of our markets and we believe we are well positioned to help PredictImmune roll out its plan to develop
its products abroad and specifically in these territories. PredictSURE IBD™ is a first-class diagnostic solution that complements our offer and allows us to broaden our field of action with our ecosystem and the players we know well in that field.”