Doctor investigating an image of a uterus
Source: Adobe Stock
The Market Online - At The Bell

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

Cleo Diagnostics (ASX:COV) has expanded its clinical trials for a simple blood test to detect ovarian cancer, with the Royal Women’s Hospital in Melbourne joining as a participating site, and noted gynaecological oncology specialist Associate Professor Orla
McNally becoming principal investigator.

The addition of the hospital will offer a number of benefits to the trial: Not only expanding its cohort of patients to sample from, but boosting market awareness of the trial and of Cleo – given the Royal Women’s is Australia’s leading specialist hospital for women’s health.

Cleo is also progressing a U.S. clinical trial to facilitate its submission to the Food and Drug Administration (FDA) which is on-track for the 2025 calendar year. Patient recruitment is ongoing across eight sites; an expected 500 people will take part.

Royal Women’s Hospital Director of Oncology Associate Professor Orla McNally said the Australian trial would be a boon for diagnosis of ovarian cancer.

“Early and accurate detection of ovarian cancer is a critical unmet need,” she said.

“Cleo’s ovarian cancer blood test has the potential to better inform clinical workflows for clinicians to ultimately provide better health outcomes for women.

“We are pleased to be working with Cleo Diagnostics on this shared vision.”

Cleo has been trading at 35 cents.

Join the discussion: See what HotCopper users are saying about Cleo and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

COV by the numbers
More From The Market Online
Market Close Graphic

ASX Market Close: Bourse defies red futures to end up on 2025’s first trading day | Jan 2, 2024

The local bourse has defied morning predictions to end 34 points up, at 8,189 (a 0.44% gain) after ASX 200 futures originally suggested...
The Lalor mine in Snow Lake.

Nova Minerals ‘starts year on very positive note’ with Snow Lake split

Nova Minerals has raked in a new year's boost, adding $10.8M to its balance sheet after…
Tony Rovira working for Azure Resources

Director who led Azure to $1.7B acquisition takes helm at Lycaon Resources

Lycaon Resources has made a major appointment that's got investor chins wagging, with Tony Rovira taking…
A road in the forest in New South Wales where Critical Green Minerals was looking into building a plant.

Early construction ‘significantly accelerates’ timeline for Green Critical Minerals’ high-tech graphite pilot plant

Green Critical Minerals (ASX:GCM) has completed the first construction phase at its in-development VHD Technology