The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Proteomics International Laboratories (PIQ) secures a patent in Hong Kong for its diabetic kidney test, PromarkerD
  • The patent is titled ‘Biomarkers associated with pre-diabetes, diabetes and diabetes related conditions’ and is valid until September 2031
  • It complements those already received in the US, Australia, Japan, China and Canada
  • PromarkerD is a simple, low-cost blood test that uses a unique protein ‘fingerprint’ to detect the onset of diabetic kidney disease up to four years before symptoms appear
  • Proteomics is up 2.27 per cent with shares trading at 90 cents at 3:06 pm AEDT

Proteomics International Laboratories (PIQ) has secured a patent in Hong Kong for its diabetic kidney test, PromarkerD.

The patent is titled ‘Biomarkers associated with pre-diabetes, diabetes and diabetes related conditions’ and is valid until September 2031.

This patent complements those already received in the US, Australia, China, Japan, Singapore, Indonesia, Brazil, Canada, Russia, Europe and India.

Managing Director Dr Richard Lipscombe said securing a patent in Hong Kong complements its patent protection in the region.

“Proteomics International already has patent protection in China and the granting of the Hong Kong patent, which includes pre-diabetes. expands that protection,” he said.

“Hong Kong is an important gateway market and there is the potential for PromarkerD testing to be introduced there prior to entering the much larger China market.”

PromarkerD is a simple, low-cost blood test that uses a unique protein ‘fingerprint’ to detect the onset of diabetic kidney disease up to four years before symptoms appear.

It allows patients to apply preventative measures before kidney damage occurs, leading to better outcomes for the patient and simplified care for physicians.

Proteomics was up 2.27 per cent with shares trading at 90 cents at 3:06 pm AEDT.

piq by the numbers
More From The Market Online

Encounter Resources defines copper-gold target at Elsa in WA

Encounter Resources is preparing to ramp-up drilling at the Elsa prospect in WA after recent drilling…
The Market Online Video

The ASX Today: Tech leads rise as Middle East tensions ease somewhat

The ASX climbed as easing Middle East tensions boosted investor sentiment, lifting technology and mining stocks.

Vulcan’s groundbreaking Lionheart German geothermal power plant hits major milestone

Vulcan Energy's ground-breaking Lionheart geothermal power plant has hit a major milestone with civil construction activities…

FBR expands North American push with Mantis distribution deal

FBR has signed a distribution agreement with Industrial Robotics to market and sell its Mantis welding…