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
Picture of antimony as nuggets

Tungsten Mining locks in high-grade concentrate after metwork; offtaker samples sent

ASX-listed Tungsten Mining (ASX: TGN) might soon find itself with an offtake partner after sending to several such potential

Tungsten tough – critical mineral attracting massive investment across the globe

Tungsten is widely known as one of the toughest elements available and it has become one…
The ASX Today feature image with a blue Australia silhouette (STOCK) beside The Market Link column branding.

ASX Today: XJO treads in face of many headwinds; whatever the hell AI firms are playing at

Greetings and welcome to HotCopper‘s ASX Today intraday market summary, I’m Jonathon Davidson filling in for the team while the Perth office set
Silver oil concept

Oil ETF investors have had a bumper year thus far, and it’s likely to continue

While ETFs sometimes turn off daily traders and speccy enthusiasts given they tend to be on the whole a bit more tame, those