PromarkerEndo is a simple blood test developed to detect the debilitating condition, endometriosis, and is nearing commercialisation.

In March, Proteomics joined forces with Oxford University in the United Kingdom to follow up on the PromarkerEndo prototype, which has correctly identified up to 90 per cent of patients with endometriosis from a study of more than 900 patients.

Endometriosis is a painful inflammatory condition that affects about one in nine women and girls. It often interrupts their school, work and social life and can cause fertility issues.

The current range of diagnostic tests for endometriosis are limited and, on average, it takes about 7.5 years for a woman to be diagnosed.

The current standard diagnostic test is a laparoscopy, a keyhole surgery in which a microscopic camera is inserted through a patient’s abdominal wall to view their abdominal cavity, uterus and other internal organs.

PromarkerEso is a third blood test on Proteomic’s product list that is getting close to a roll out.

It aims to detect a particularly nasty form of cancer, oesophageal adenocarcinoma. PromarkerEso has been shown to have a 94 per cent accuracy for identifying the disease, the company says.

With the injection of additional funding from the R&D rebate, Proteomics hopes to kick-off the Australian launch of PromarkerD and PromarkerEso in the first quarter of next year, followed by PromarkerEndo in the second quarter.

No doubt, the company is hoping these developments fire the starting gun on the growth of a sustainable, substantial revenue stream.

Proteomics appears well-positioned at the forefront of proteomics and analytical services in the biomedical sector, and on the cusp of changing from a research company into one with a strong future revenue runway from Europe and Australia.

With funding also likely to be directed at setting up a US laboratory that can then attain all-important FDA accreditation for its laboratory developed tests, the company may not have long to wait to open the gate on some of the world’s biggest medical markets.

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