COMPANY UPDATE. 2019 - VOLITIONRX
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Volition • Update 2019 A few words from our Executive Chairman Our mission is simple: to save lives by revolutionizing the way disease, and especially cancer, is diagnosed. To this end, Volition is developing simple, easy to use blood-based tests to diagnose a range of cancers and other diseases. Cancer is the second leading We believe that there is a high cause of death and is responsible unmet clinical need for veterinary I am really proud to for 1-in-6 deaths worldwide each year. It’s a disease that touches diagnostics and given the generally quicker USDA regulatory be Executive Chairman and affects so many of our lives. pathway to approval for veterinary It is widely accepted that the products as compared to FDA best way of tackling cancer is approval for human products, of Volition and am for patients to receive an early diagnosis, as this improves their chances of surviving cancer. Volition intends to develop products for this market as soon as possible which could provide delighted with the I am delighted with the progress early revenue for the company. we have made in 2018 in the As our research develops, we progress the Company development of new tests using our technology platform are continuously growing our intellectual property portfolio has made since its of Nucleosomics™, which is the practice of identifying and measuring nucleosomes in the which provides broad coverage (including animal use) that we believe will help protect our long- inception in 2011. bloodstream or other bodily fluid. I am also excited by the data that term competitive advantage. we expect to report throughout Finally, I would like to thank the 2019 and beyond across such a many collaborators we work with broad range of cancers including: around the world and the Principal lung, colorectal, prostate, Investigators of our many clinical pancreatic, ovarian, and head trials. I’d also like to acknowledge and neck, as well as other diseases the contribution and continued such as endometriosis. support from the members of our Scientific Advisory Board and the Our research and development continued financial support of the program during 2018 included Walloon Region of Belgium. I look some interesting proof of concept forward to announcing the results work in the veterinary field, of key studies in this coming year. including dogs and horses. Dill Faulkes Dill Faulkes Executive Chairman 4 5
Volition • Update 2019 A few words from our I am incredibly Chief Executive Officer proud of the team I am absolutely delighted with the progress we have made on so many fronts in 2018, particularly we have assembled; with the work on the basics of our Nu.Q™ platform. individuals who come I am very happy to report the This development work will be initial data from this work, and we expect to be able to report a key to our future success and our initial assays have now completed to work every day large volume of data throughout 2019 and beyond with our newly optimized assays and matrixes. this extremely vigorous process. This work has gone very well with our growing team at our large to create a brighter We have a strong financial position lab in Belgium. However, it is fair to say the development work future, one where which we believe, given the cost on the robustness of our assays effectiveness of our research and development program, provides a has proven to be a massive and time-consuming undertaking. hope and cancer can come together in the great runway to achieve our many Given that we are the first group milestones in 2019 and beyond. to have worked in the field of Nucleosomics, much work has I am delighted that our worldwide portfolio of granted patents that had to be started from scratch. same sentence. protect various aspects of Volition’s I am delighted this report includes Nu.Q technology continues to grow. the initial results in three separate This is a key differentiator versus small cohorts with the first many other technologies either completed Nu.Q assay and one Chief Executive Officer under development or available iNu.Q assay. In a lung cancer cohort on the market, where the patent (76 subjects), a single Nu.Q assay position maybe poor and/or narrow. detected lung cancer, including stage I lung cancer. In this initial From a research and development cohort, we achieved our best ever point of view, 2018 was a very busy single-assay detection result with year; however, it was fairly quiet an AUC of 85% (lung cancer vs in terms of press announcements, healthy), the performance of which as we very much focused on was further improved when used platform development. Our team in combination with a two-assay is delighted with the significant panel. In a second confirmatory Cameron progress that has been made in lung cancer cohort (152 subjects) 2018. I would like to thank our the same Nu.Q assay also detected research and development team, lung cancer with an AUC of 79%. for their tireless and tenacious efforts throughout the year. The vast This initial proof of concept data majority of this work was focused gave us confidence to move onto on advancing the development of larger lung cancer studies and our clinical assays to the analytical I’m delighted to have extended validity needed for large clinical our collaboration with the National grade trials, and for products, Taiwan University to embark upon as well as extending the use a 1,200 subject lung cancer study of our Nu.Q assays on a range in the second quarter of 2019. of platforms. 6 7
Volition • Update 2019 Our new lab has enabled expansion of research and development programs from Nu.Q diagnostic tests to now include Nu.Q Vet and Nu.Q Capture. In the fourth quarter of 2018, From a commercial point of view, The Nu.Q Capture project, And so, to future milestones. We are grateful through our it was exciting to learn that not we are extremely excited about leverages the work we have been As many of you know, we have on-going trial program to only could our Nu.Q technology the opportunity to offer Nu.Q doing to investigate the use of concentrated our research efforts be working with renowned help save lives and improve the Vet tests to animal owners and Nucleosomics to purify or enrich to date on colorectal cancer – collaborators around the world, quality of life for man-kind, but veterinarians. There are currently tumor associated nucleosomes. which is the most preventable and all of whom have outstanding we are hopeful our technology no accurate, simple, affordable I am delighted to be able to yet currently least prevented form reputations and share our aim will also be effective in helping cancer screening or diagnostic announce that with Nu.Q Capture of cancer and we very much look in improving early diagnosis diagnose a range of diseases tests available in veterinary we have been able to deplete/ forward to completing our large- of cancer. in animals. medicine and yet 25% of dogs will enrich nucleosomes by 70-90% scale clinical studies throughout develop cancer at some stage of using magnetic beads in serum 2019/2020. We believe that Nu.Q will provide Following the completion of their life. We believe that this is a and plasma. The next step a low-cost routine blood test several small-scale studies in dogs, multi-billion-dollar opportunity is to determine the level of In addition to our colorectal cancer allowing doctors to check off an our subsidiary Volition America and we aim to have the first Nu.Q discrimination of tumor associated studies, we are hopeful that our extra box along with other routine Inc. is now conducting a study Vet product on the market in 2020. nucleosomes using mass recent proof of concept results blood tests, such as cholesterol of our Nu.Q Vet assays in cancer spectrometry and/or sequencing. in lung cancer will be repeated and PSA, during a single visit, and other diseases in cooperation Our research and development in much larger cohorts, and and that this is currently the only with Texas A&M University’s team has grown significantly since This potential breakthrough with additional assays currently credible way of taking compliance College of Veterinary Medicine, we moved into our larger, purpose- product aims to enrich tumor in development. Lung cancer with screening above 80%. a leading U.S. veterinary institution. built laboratory in Belgium in 2017. associated DNA which in turn will remains the deadliest of all the The U.S. is currently the largest This has enabled expansion of help address the main technology cancers and we believe that there We are extremely proud of veterinary market in the world and our research and development barrier to DNA cancer diagnostics. is a high unmet clinical need for the accomplishments we have has a clearly defined regulatory programs from our Nu.Q either a non-invasive early stage achieved thus far and look forward pathway via the USDA, requiring diagnostic tests to now include not Nu.Q Capture is platform agnostic lung cancer detection test and/ to what the future holds for Volition. fewer and smaller clinical studies only Nu.Q Vet as described above, with the ultimate aim of providing or for a test which can improve the I, along with the rest of the Board, than the FDA process for human but also Nu.Q Capture. complete nucleosome analysis specificity of the Low-Dose CT scan and indeed the whole company, diagnostics. This generally allows and origin of cancer. This is still currently used in many markets. look forward to sharing the results a much faster route to revenue for very much a work in progress, but of key studies over the coming veterinary products as compared we have made significant progress We aim with our solid cash year with our optimized platform. to human products, given trials this past year, and our team is position, to report throughout need to be in the hundreds, not very excited about this potential 2019 and beyond Nu.Q’s ability to We work hard every day to create thousands of subject-samples. addition to our platform. detect a range of cancers including a brighter future, one where hope lung, colorectal, prostate, and cancer can come together in pancreatic, ovarian, head and the same sentence. neck in addition to our 27-cancer study, and other conditions such as endometriosis as well as data from both the Nu.Q Vet and Nu.Q Capture programs. 8 9
Volition • Update 2019 We closed 2018 with $13.4 million cash and cash equivalents compared to $10.1 million as of the end of 2017. In the first quarter of 2018, we proceeds from the exercise of of our collaborations with leading raised $8.4 million in aggregate warrants). During 2018, existing institutions. Consequently, we gross proceed through an investors also exercised warrants continue to manage cash carefully The whole team underwritten public offering of to purchase common stock that and had a steady cash burn rate common stock with Oppenheimer resulted in approximately $717,000 of approximately $3.9 million per & Co. Inc. acting as the sole in aggregate net proceeds. quarter during 2018. book-running manager and National Securities Corporation acting as a co-manager in We have also continued to attract non-dilutive funding, especially In the first quarter of 2019, over $6.7 million in aggregate gross is committed and connection with the offering. Our cash position was further from the Walloon region, Belgium, which has provided over $3.7 million proceeds has been received from the exercise of warrants to passionate about strengthened in 2018 with a in funds to-date. purchase common stock, which private placement (PIPE) of common stock and warrants Our research and development demonstrated continued support from our dedicated investors the work we do. to an existing shareholder program is remarkably cost and further strengthens our for aggregate gross proceeds effective, especially given the size cash position. of $9 million (excluding any of the trials and the nature David Chief Financial Officer Rod Corporate Secretary Our worldwide portfolio of granted patents that protects various aspects of Volition’s Nu.Q technology is growing. It is great to be We have 20 patent families property portfolio to gain market working with a skilled related to our diagnostic tests, with 7 patents granted in the United States and 7 patents exclusivity in Europe, the United States and in other strategic countries. The patents on the and passionate team granted in the European Union and a further 25 patents granted technologies underlying our products should provide broad worldwide. Additionally, we have coverage for each product, focused on saving 106 patent applications pending worldwide. This portfolio also including protection through at least 2031 for products developed lives and reducing covers veterinary medicine applications. using the Nu.Q technologies. We have signed multiple contracts the cost of cancer to We intend to continue our development of the Nucleosomics throughout 2018 with our growing team of collaborators and look technologies and to apply for forward to adding even more to healthcare systems patents identified through such efforts. Our strategy is to protect the list in 2019. around the world. our technologies and leverage the strength of our intellectual 10 11
Volition • Update 2019 Using our Nu.Q technology, we aim to make cancer diagnosis as accessible as cholesterol or pregnancy testing. The principle behind and/or low-cost ELISA tests in our How is Nu.Q different from ctDNA? panels (e.g. CEA, PSA, CA125) for what we are doing higher accuracy. • When a cancer cell dies relies on bringing the nuclear components are Many companies and medical metabolized into 20 million together two main lines schools are developing circulating individual DNA-Nu complexes of research and is, in tumor DNA or ctDNA tests based and released into circulation. on sequencing the DNA attached A cancer mutation will occur in concept, very simple: to these nucleosomes. Volition’s one of the DNA-Nu complexes. diagnostic target in the blood The chromosomes of cancer cells is the same tumor chromosome • ctDNA sequencing methods differ from those of healthy cells – fragment, but our approach is (in development) must target both in terms of DNA sequence to test for chromosome protein that one-in-a-million DNA-Nu (due to genetic cancer mutations) and nucleic acid changes in intact complex. and in protein structure – due to chromosome fragments by ELISA, epigenetic changes. rather than chemically extracting, • Nu.Q targets ALL 20 million amplifying, and sequencing the circulating DNA-Nu complexes There are chromosome fragments ctDNA and discarding the rest because nucleosome Chief Scientific Officer from dead cancer cells circulating of the nucleosome. ELISA is modifications occur globally. in the blood as nucleosomes. possible because the targets of Each such circulating nucleosome our tests occur globally across • Nu.Q is a simple, low-cost contains a small (approximately all nucleosomes within a tumor ELISA and can incorporate other 140 base pairs) fragment of cell, whereas individual ctDNA ELISA tests in Volition’s panels. tumor DNA. changes must be identified within the three billion base- There are multiple phases to the Volition’s Nucleosomics pair genomes. This means that Product Development process, and technology exploits the different the targets of our tests are we are delighted in 2018 to have compositions of circulating exponentially more prevalent in made the significant step forward nucleosome structures present circulating blood, and detectable in developing some of our Nu.Q in the blood of cancer patients using simple laboratory methods. assays to product grade status to detect and identify cancer (by which we mean analytically diseases. validated and of clinical grade, so that they can be reproducible We are developing a novel suite Jake anywhere, in any laboratory), so of blood assays of epigenetically that clinical trials may commence. altered circulating nucleosomes as biomarkers in cancer and other diseases. Nu.Q products aim to be simple, low-cost, enzyme- linked immunosorbent assay (“ELISA”) platform tests and can incorporate other biomarkers such as anti-inflammatory markers 12 13
Volition • Update 2019 How it works Each individual protein/DNA The genome is “bead” is called a 3 billion base pairs. nucleosome. If uncoiled it would measure 5 feet long. Every 140 base pairs of DNA are wrapped Nucleosomes consist around a nucleosome to of DNA and histone form a DNA-Nu complex. proteins. Histones and DNA are subjected to Chromosome a variety of epigenetic Cancer leads to cell DNA strand modifications. death which results in fragmentation and release of nucleosomes into the blood. Our Nucleosomics DNA wrapped around histones technology exploits the different compositions of circulating nucleosome The DNA in every structures present in the cell is wound serum of cancer patients to detect and identify around protein complexes in a “beads on a cancer diseases. string” structure. 14 15
Volition • Update 2019 The global cancer market: 2018 Globocan Project, Ferlay et al. Lung Breast Colorectal Prostate Stomach Diagnoses Diagnoses Diagnoses Diagnoses Diagnoses Deaths 2.1m 2.1m 881k 1.8m 1.3m 1m Deaths Deaths 359k 783k Deaths 627k Deaths Deaths in Asia 1.8m 584k There were 18.1 million cancer diagnoses worldwide in 2018 with a resulting mortality burden of almost 10 million people. Given the growing and more importantly aging population, cancer’s burden is expected to worsen. By 2040 it is predicted that there will be 29.5 million new cases of cancer diagnosed each year and over 16 million cancer-related deaths. 16 17
Volition • Update 2019 Product Strategy. We anticipate that we will develop multiple Nu.Q products across the whole range of cancers falling into the following categories: We work hard every day to help Frontline High Risk Frontline Disease Treatment General Population Screening Monitoring Selection change people’s Screening Tests ‘Triage’ Tests Diagnostic Tests Tests Tests lives throughout For To work in To aid the To help A personalized the world. asymptomatic subjects for the conjunction with existing diagnosis of disease in monitor high risk groups medicine approach to most prevalent tests to improve symptomatic and/or identify help identify cancers. sensitivity and/ patients. the recurrence the most or specificity. of a disease. appropriate treatment for the individual. Cancers currently being researched with product grade assays include: Proof of Concept Training Validation Lung 2019 2020 Colorectal 2019 2020 Prostate 2020 2021 Pancreatic 2019 2020 tbc Ovarian 2019 2020 tbc Lou Head & Neck 2019 tbc tbc Chief Marketing & Gastric 2019 tbc tbc Communications Officer 27 Most Prevalent Cancers 2019 18 19
20 The Volition Laboratory Belgium Volition • Update 2019 21
Volition • Update 2019 Product grade assays - Proof of concept data In a small lung cancer cohort (N=76) the same single Nu.Q assay detected Lung cancer including stage I lung cancer. In a small The AUC for this single multi-cancer cohort Nu.Q assay was 85%. (N=50) a single Nu.Q assay detected This performance was Lung Prostate and further improved when used in combination Colorectal cancer. within a 2-assay panel. In the same cohort a 2-assay panel detected In a second lung all stages of colorectal cancer including stage I and had an AUC of 85%. cancer cohort (N=152) the In a small colorectal same Nu.Q assay detected cancer cohort (N=123) Lung cancer. The AUC a single Nu.Q assay detected Again, this for this single Nu.Q Colorectal cancer with an performance was assay was 79%. with an AUC of 72%. further improved when used in a two-assay panel. 22 23
Volition • Update 2019 The programs we have launched A focus on Asia with collaborators worldwide speak We are delighted with the well of the belief progress we have achieved with they have in our the network of key influencers technology and potential collaborators in Asia. and our team. We have expanded Our large-scale colorectal We have made significant We are getting cancer studies are well progress with our entrance into our relationship with the National Taiwan underway with National Taiwan University. The first trial, a multi- China with a collaboration with Shanghai Fosun Long March (an closer in realising University. center study will include 5,000 asymptomatic screening subjects to evaluate the performance of IVD company wholly owned by Fosun Pharmaceutical Group Co Ltd, a leading healthcare our vision to develop an effective In addition to the large colorectal our Nu.Q Frontline Asymptomatic company in China). cancer studies, we have recently Colorectal Cancer Screening announced a prospective lung Test. The second study includes With Fosun Long March, we cancer study involving 1,200 subjects. Lung cancer remains the deadliest of all the cancers 2,000-symptomatic patients and will be used to evaluate plan to conduct three clinical studies on colorectal, lung platform to detect cancers early. the performance of our Nu.Q and ovarian cancers in China. and we believe that there is a high colorectal cancer symptomatic In addition, we are jointly unmet clinical need for a non- test. Professor Han-Mo Chiu and exploring the development invasive early stage lung cancer his team are collecting well ahead of Nu.Q assays utilizing detection and/or for a test which of schedule and we look forward their LUMIART-II Automated can improve the specificity of to reporting some preliminary Chemiluminescence the low-dose CT scan currently results in 2019. Immunoassay System. used in many markets. We are hopeful that our recent proof We are excited that our work in of concept results in lung cancer China will be underway in 2019 will be repeated in this much and look forward to a successful larger cohort. collaboration with Fosun Long March. Jasmine Chief Executive Officer, Singapore Volition 24 25
Volition • Update 2019 It’s exciting that not only could our Nu.Q technology help save lives and improve the quality of life for man-kind, but we are hopeful our technology will be effective in helping diagnose a range of diseases in animals. In the fourth quarter of 2018, than the FDA process for human we were delighted to present diagnostics. This generally allows some very encouraging preliminary a much faster route to revenue for results from a proof of concept veterinary products as compared Chief Medical Officer & Chief Executive study using our Nu.Q diagnostics to human products. platform in veterinary medicine. From a commercial point of view, The proof of concept study we are extremely excited about demonstrated that nucleosomes the opportunity to offer Nu.Q can be detected in dogs and Vet tests to animal owners and therefore, have the potential to veterinarians. There are currently differentiate cancer from other no accurate, simple, affordable Officer of Volition America Inc. conditions in canines. Following cancer screening or diagnostic tests the completion of several available in veterinary medicine small-scale studies in dogs, our and yet 25% of dogs will develop subsidiary Volition America Inc. is now conducting a study in cancer cancer at some stage of their life. Cancer doesn’t discriminate – and other diseases in collaboration Volition’s extensive intellectual with a Texas A&M University’s property portfolio includes College of Veterinary Medicine, a coverage of veterinary leading U.S. veterinary institution. We hope that this study will applications. We believe that licensing this technology could it causes fear, pain advance our plans to partner with potentially provide significant academic and industry leaders to expedite regulatory approval and revenue for Volition, in addition to providing further technical and suffering for all product commercialization. The U.S. is currently the largest validation of our platform. those it touches. veterinary market in the world and has a clearly defined regulatory Early diagnosis is a critical component pathway via the USDA, requiring fewer and smaller clinical studies Jason of curing cancer. 26 27
Volition • Update 2019 It is tremendously rewarding working on such a cutting-edge technology - one that has the potential to not only help diagnose cancer, but also potentially many other conditions. We were delighted to sign a global license, manufacturing, sales and distribution agreement with Active Motif for a range Business Development Director of Research Use Only kits. Based on our proprietary Nucleosomics technology, the kits are expected to: • Allow researchers to explore patterns of epigenetic modifications in circulating nucleosomes across a broad range of clinical applications including cancers, inflammatory and infectious diseases; and • Represent the first revenue from the Nu.Q platform and potentially provide an additional licensing revenue stream beyond the commercialization of our blood-based cancer tests utilizing the same platform of assays. The first kit was launched in the second half of 2018 and we look forward to expanding Mark the range of available kits throughout 2019 and beyond. In addition to the RUO Kit development we have also done a lot of broader work on our platform including adapting our assays for magnetic beads and chemiluminescence, both very important breakthroughs which could make our platform much more adaptable and robust. 28 29
Volition • Update 2019 Our research and development team has grown significantly since we moved into our larger, purpose-built laboratory in Belgium, in 2017. This has enabled expansion of our research and development programs from our Nu.Q diagnostic tests to now include not only Nu.Q Vet but also Nu.Q Capture. The Nu.Q Capture project The next step is to determine barrier to DNA cancer diagnostics. leverages the work we have been the level of discrimination of Nu.Q Capture is platform agnostic doing to investigate the use of tumor associated nucleosomes with the ultimate aim of providing Nucleosomics to purify or enrich using mass spectrometry and/ complete nucleosome analysis tumor associated nucleosomes. or sequencing. and origin of cancer. Thus far with Nu.Q Capture we have been able to deplete/enrich This potential breakthrough nucleosomes by 70-90% using product aims to enrich tumor magnetics beads in serum associated DNA which in turn will and plasma. help address the main technology Depletion/Enrichment The team thrives on the desire to Nu.Q™ Nu.Q™ Nu.Q™ change the outlook Mass Spec Seq Immunoassay for cancer patients throughout the world. Complete Nucleosome Analysis Gaetan Commercial concept Chief Executive Officer of Belgian Volition SPRL Complete Nucleosome analysis. 30 31
Volition • Update 2019 The Volition Biobank Institution Condition Sample Collection Cohort Timing Proof of Concept Early Detection Research 9,000 Prospective, 13,500 + Ongoing to 2020 Colorectal Network of the U.S. 4,600 Retrospective Screening National Cancer Institute Population Condition Sample Cohort Expected Data Release National Taiwan Prospective 5,000 Ongoing to 2021 Colorectal University Asymptomatic Colorectal N = 225 Q2 2019 Population Colorectal N = 552 H1 2019 National Taiwan Prospective 2,000 Ongoing to 2021 Colorectal University Symptomatic Patients Colorectal N = 352 H2 2019 Hvidovre Hospital, Prospective 14,000 Collection Colorectal N = 76 Q1 2019 University of Screening completed and Lung Copenhagen Population analysis ongoing Lung N = 152 H1 2019 Hvidovre Hospital, Colorectal Prospective 30,000 Collection University of Screening completed and Copenhagen Population analysis ongoing Prostate N = 120 H1 2019 Hvidovre Hospital, Colorectal Retrospective 4,800 Collection University of Symptomatic completed and N = 100 H2 2019 Prostate Copenhagen Patients analysis ongoing N = 100 H2 2019 National Taiwan Prospective 1,200 Subjects Expected to Pancreatic Lung University start mid-2019 to 2021 Head & Neck N = 200 H2 2019 German Cancer Retrospective 750 Subjects Collection Research Center (DKFZ) Pancreatic completed Endometriosis N = 10 H2 2019 and analysis (x 5 collections) ongoing University of Bonn 27 Most Prospective 4,500 Subjects Collection Endometriosis N = 300 H2 2019 Prevalent Cancers completed and analysis ongoing 32 33
Volition • Update 2019 Volition is very fortunate to have attracted numerous long-term shareholders to our Company who share the same vision of revolutionizing cancer diagnostics, helping people find cancer earlier, and improving outcomes for millions of people worldwide. Executive Vice President We have a very active investor relations program, attending numerous investor-focused conferences annually, and Investor Relations conducting investor presentations in major financial centers across the United States and Europe on a regular basis. Our goal is to raise the awareness of Volition and its mission in order to broaden the investor base and ultimately to maximize shareholder value. For any further information please Scott contact investorrelations@volitionrx.com It is such a pleasure to be involved with a company that has the potential to do so much good for humanity while providing potential upside to shareholders. 34 35
Volition • Update 2019 Investor information. Annual Meeting: Friday June 14, 2019 Board of Directors Cameron Reynolds, President & Chief Executive Officer Dr Martin C Faulkes, Executive Chairman Guy Innes ACA, Non-Executive Director Dr Alan Colman, Non-Executive Director Dr Edward Futcher, Non-Executive Director Dr Habib Skaff, Non-Executive Director Transfer Agent V Stock Transfer, LLC 18 Lafayette Place, Woodmere NY 11598 Tel: 212-828-8436 Fax: 646-536-3179 info@vstocktransfer.com www.vstocktransfer.com Unless stated otherwise, the statements in this Brochure are made as of 9th April 2019. Information contained in this Brochure concerning the industry and markets in which VolitionRx and its subsidiaries operate is based on information from independent industry and research organizations, other third-party sources and management estimates. Management estimates are derived from publicly available information released by independent industry analysts and third-party sources, as well as data from VolitionRx’s internal research, and are based on assumptions made by management upon reviewing such data and its knowledge of such industry and markets which it believes to be reasonable. Although VolitionRx believes the data from these third-party sources is reliable, it has not independently verified any third- party information. Additionally, this Brochure contains forward-looking statements regarding future events and the future performance of VolitionRx and its subsidiaries that involve risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. Risks that could cause results to differ include those described in the section entitled “Risk Factors” in VolitionRx’s Form 10-K as well as risks described in further detail in the Company’s other documents filed from time to time with the Securities and Exchange Commission, copies of which can be accessed electronically at www.sec.gov. Further, actual results may differ as a result of additional risks and uncertainties of which VolitionRx is currently unaware or which management does not currently view as material to the business. Any forward-looking statements contained in this Brochure reflect only the current views of VolitionRx with respect to such matters and are made subject to applicable risks, uncertainties and assumptions. As a result, there can be no assurance that the events or other matters described in such forward-looking statements will, in fact, transpire and readers are cautioned not to place undue reliance on any forward-looking statements. VolitionRx does not undertake any obligation to update such forward-looking statements. No representation or warranty, express or implied, is made as to the completeness or accuracy of the information contained herein. For more information visit www.volitionrx.com Nucleosomics™ and Nu.Q™ and their respective logos are trademarks and/or service marks of VolitionRx and its subsidiaries. Additionally, all references to “$” in this Brochure refer to the legal currency of the United States of America. 36 37
Volition • Update 2019 38 39
You can also read