{"id":526884,"date":"2021-08-11T16:13:23","date_gmt":"2021-08-11T20:13:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/"},"modified":"2021-08-11T16:13:23","modified_gmt":"2021-08-11T20:13:23","slug":"volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/","title":{"rendered":"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Conference call to discuss financial and operational results scheduled for Thursday, August 12, at 8:00 a.m. U.S. Eastern Time<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<ul type=\"disc\">\n<li>Strong balance sheet with approximately <span class=\"xn-money\">$27.9 million<\/span> in cash and cash equivalents <\/li>\n<li>Strengthened the Company&#8217;s veterinary leadership team to drive commercial focus <\/li>\n<li>Expanded the Company&#8217;s intellectual property portfolio <\/li>\n<li>Published two clinical papers <\/li>\n<li>Continued focus on, and made strong progress towards, product launches and licensing in both the human and veterinary spaces worldwide<\/li>\n<\/ul>\n<p>\n        <span class=\"xn-location\">AUSTIN, Texas<\/span>, <span class=\"xn-chron\">Aug. 11, 2021<\/span> \/PRNewswire\/ &#8212; VolitionRx Limited (NYSE AMERICAN: VNRX) (&#8220;Volition&#8221;) today announced financial results and a business update for the second quarter ended <span class=\"xn-chron\">June 30, 2021<\/span>. Volition management will host a conference call tomorrow, <span class=\"xn-chron\">August 12<\/span> at <span class=\"xn-chron\">8:00 a.m.<\/span> U.S. Eastern Time to discuss these results. Conference call details may be found below.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p title=\"An interview with Cameron Reynolds, President and Chief Executive Officer of Volition, Terig Hughes, Chief Financial Officer of Volition, and Dr. Tom Butera, Chief Executive Officer of Volition Veterinary Diagnostics Development LLC\">\n          \u00a0\n        <\/p>\n<\/p><\/div>\n<p>&#8220;We have made significant progress on many fronts during the first half of 2021, in particular on all four of the Company&#8217;s key pillars: Nu.Q\u00ae, Nu.Q\u00ae Vet, Nu.Q\u00ae NETs and Nu.Q\u00ae Capture,&#8221; commented <span class=\"xn-person\">Cameron Reynolds<\/span>, President and Chief Executive Officer of Volition. &#8220;We have also significantly strengthened our balance sheet, our intellectual property portfolio, and our executive team to drive our commercial focus.&#8221;\u00a0\u00a0<\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/youtu.be\/jEd7i9Sphnc\" rel=\"nofollow noopener\">https:\/\/youtu.be\/jEd7i9Sphnc<\/a>\n      <\/p>\n<p>\n        <b>An interview with <span class=\"xn-person\">Cameron Reynolds<\/span>, President and Chief Executive Officer of Volition, Terig Hughes, Chief Financial Officer of Volition, and Dr. <span class=\"xn-person\">Tom Butera<\/span>, Chief Executive Officer of Volition Veterinary Diagnostics Development LLC<\/b>\n      <\/p>\n<p>Mr. Reynolds continued, &#8220;I am delighted that the Nu.Q\u00ae Vet beta launch has not only been very successful in providing invaluable real-world learnings for our first veterinary product but has also generated a high level of interest in both the licensing and distribution of our veterinary products, and we are actively negotiating potential arrangements on multiple fronts.&#8221; <\/p>\n<p>\n        <b>Company Highlights<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>Financial<\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Cash and cash equivalents as of <span class=\"xn-chron\">June 30, 2021<\/span>, totalled approximately <span class=\"xn-money\">$27.9 million<\/span> compared with <span class=\"xn-money\">$19.4 million<\/span> as of <span class=\"xn-chron\">December 31, 2020<\/span>. <\/li>\n<li>Net loss for the second quarter of 2021 was <span class=\"xn-money\">$5.6 million<\/span> and net cash used in operating activities was <span class=\"xn-money\">$5.4 million<\/span> for the quarter. <\/li>\n<li>Grant income earned in the second quarter of 2021 was approximately <span class=\"xn-money\">$0.4 million<\/span>. <\/li>\n<li>Volition received approximately <span class=\"xn-money\">$0.9 million<\/span> of net proceeds through its at-the-market equity distribution program during the second quarter of 2021. <\/li>\n<li>Continued to manage expenditures carefully with a cash burn rate of approximately <span class=\"xn-money\">$2 million<\/span> per month.<\/li>\n<\/ul>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>Personnel<\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>On <span class=\"xn-chron\">May 1<\/span>, Dr. <span class=\"xn-person\">Tom Butera<\/span>, a seasoned veterinary executive with an extensive commercial track record, and former Non-Executive Director of Volition, joined the team full time as Chief Executive Officer of Volition&#8217;s veterinary subsidiary to drive its product launches.<\/li>\n<\/ul>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>Intellectual Property<\/p>\n<p><\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>27 patent families (plus three in-licensed families) covering both human and animal use of Volition&#8217;s Nucleosomics\u2122 platform. <\/li>\n<li>71 granted patents (ten in the U.S., 14 in <span class=\"xn-location\">Europe<\/span> and 47 rest of world). <\/li>\n<li>89 patents pending. <\/li>\n<li>Continued focus on filings during the second quarter of 2021 and expect portfolio to grow in the quarters and years ahead.<\/li>\n<\/ul>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>Publications<\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Volition&#8217;s list of publications and abstracts continues to grow. <\/li>\n<li>Year to date data for Nu.Q\u00ae has been presented at three international conferences and Volition has collaborated on four clinical papers, three of which have already been published with the other pending publication. <\/li>\n<li>These publications are another very important step forward for the Company.<\/li>\n<\/ul>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>Nu.Q\u00ae Vet Cancer Screening Test Beta Launch<\/p>\n<p><\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Volition has received strong indications of interest in the whole Nu.Q\u00ae Vet platform, from a range of smaller and very large companies, and it is progressing potential licensing negotiations with several well-known major players in the veterinary space around the world. <\/li>\n<li>The Company aims to have a very meaningful deal signed before the end of 2021.<\/li>\n<\/ul>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>Clinical \u2013 NETosis including COVID-19<\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Volition believes that the versatility of the Nu.Q\u00ae platform and the range of applications for which these assays can be leveraged may help increase diagnostic power and monitor disease progression and potentially treatment response across a broad range of diseases that involve the over production of NETs, such as COVID-19, pneumonia, influenza and sepsis. <\/li>\n<li>Volition previously reported preliminary results demonstrating that its Nu.Q\u00ae NETs assay correlated well with current COVID-19 disease severity. \u2003 <\/li>\n<li>Recently published posters (at the International Society on Thrombosis and Haemostasis Congress) showed that results on admission using the same Nu.Q\u00ae NETs assay could predict future COVID-19 disease severity and that serial results correlate with disease progression including 28-day mortality. <\/li>\n<li>From a sepsis product development perspective, to date Volition has completed animal studies in the monitoring of disease progress and treatment efficacy which have demonstrated the effective use of Nu.Q\u00ae NETs. <\/li>\n<li>The Company has additional large studies in progress related to COVID-19, sepsis and other diseases, some due for completion soon, with the publication of further data expected in the coming months.<\/li>\n<\/ul>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>Clinical \u2013 Cancer<\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Volition has also been in active and continuing negotiations in <span class=\"xn-location\">Asia<\/span> this year on its first human cancer launch in <span class=\"xn-location\">China<\/span>. <\/li>\n<li>The Company has completed preliminary analysis of the lung cancer study conducted with the National Taiwan University and looks forward to reviewing the data with Professor Chen and his team ahead of publication either through clinical paper or conference abstract. Collection has also been completed for the colorectal cancer study also conducted with the National Taiwan University. Volition anticipates the data will be analysed this year, with findings to be presented at a conference in 2022. <\/li>\n<li>After a 15 month pause, EDRN (a large-scale U.S. colorectal cancer study) re-initiated enrolment in June and aims to be enrolling at full capacity in <span class=\"xn-chron\">September 2021<\/span>. The study collection completion date has been extended to the fourth quarter of 2022. <\/li>\n<li>With regards to Volition&#8217;s two U.S. blood cancer studies, the timing of expected completion for each has been impacted by the COVID-19 pandemic due to sample collection and protocol issues.<br \/>&#8211; For the 1,500 subject NHL diagnostic study, all preliminary protocol development and study preparation has been completed. The Company aims to begin collection in late 2021, protocols and pandemic permitting, and to submit the first data to the FDA in late 2022. <br \/>&#8211; COVID-19 restrictions have also made sequential therapy-matched specimen collections exceptionally difficult in the DLBCL Treatment Monitoring Study. The Company aims to issue interim analysis results later this year. <\/li>\n<li>Volition has installed a Service Lab in Silver One, which will undertake sample processing for external parties such as pharmaceutical companies, biotech companies and academic researchers. This service, branded as Nu.Q\u00ae Discover, has already generated interest and the Company has provided quotes to multiple pharma and biotech companies. Volition anticipates that it will generate revenue from this activity in 2021 with continued growth in the future.<\/li>\n<\/ul>\n<p>\n        <b><br \/>\n          <i><br \/>\n            <u>Upcoming Milestones<\/u><br \/>\n          <\/i><br \/>\n        <\/b>\n      <\/p>\n<p>Volition expects to achieve the following milestones during 2021 and beyond, pandemic permitting:<\/p>\n<ul type=\"disc\">\n<li>Drive revenue in the coming quarters in the following key areas:<br \/>&#8211; Licensing of its technology, with a particular but not exclusive focus on Nu.Q\u00ae Vet, with the aim of signing the first deal this year,<br \/>&#8211; Processing samples at Silver One using its Nu.Q\u00ae Discovery assays, and <br \/>&#8211; Disease monitoring tests (e.g. COVID-19, Sepsis). <\/li>\n<li>Continue to progress the research program for the use of Nu.Q\u00ae in NETosis, in monitoring disease progression of COVID-19, sepsis and potentially other diseases and as a possible companion diagnostic for a treatment for sepsis. <\/li>\n<li>Continue to advance its previously announced large-scale blood, lung and colorectal cancer trials in <span class=\"xn-location\">Europe<\/span>, <span class=\"xn-location\">Asia<\/span> and the U.S. <\/li>\n<li>Publish several abstracts and peer-reviewed scientific papers with clinical results showing the robustness and utility of its Nu.Q\u00ae platform. <\/li>\n<li>Advance the development of Nu.Q\u00ae Capture. <\/li>\n<li>Continue to file patents to expand and extend its intellectual property portfolio.<\/li>\n<\/ul>\n<p>\n        <b>VolitionRx Limited Second Quarter 2021 Financial Results and Business Update<\/b>\n      <\/p>\n<p id=\"indentid\" class=\"prnml40\">\n        <b>Date: <\/b><br \/>\n        <span class=\"xn-chron\">Thursday, August 12, 2021<\/span><br \/>\n        <br \/>\n        <b>Time: <\/b><br \/>\n        <span class=\"xn-chron\">8:00 a.m.<\/span> U.S. Eastern time<br \/><b>U.S. &amp; Canada Dial-in: <\/b>1-877-407-9716 (toll free)<br \/><b>U.K. Dial-in: <\/b>0 800 756 3429 (toll free)<br \/><b>Toll\/International: <\/b>1-201-493-6779<br \/><b>Conference ID: \u00a0<\/b>13722250<\/p>\n<p>\n        <span class=\"xn-person\">Cameron Reynolds<\/span>, President and Chief Executive Officer of Volition, will host the call along with Terig Hughes, Chief Financial Officer of Volition, Dr. <span class=\"xn-person\">Tom Butera<\/span>, Chief Executive Officer of Volition Veterinary Diagnostics Development LLC, and <span class=\"xn-person\">Scott Powell<\/span>, Executive Vice President, Investor Relations of Volition. <\/p>\n<p>A live audio webcast of the conference call will also be available on the investor relations page of Volition&#8217;s corporate website at <a target=\"_blank\" href=\"http:\/\/ir.volition.com\/\" rel=\"nofollow noopener\">http:\/\/ir.volition.com<\/a>. <\/p>\n<p>In addition, a telephone replay of the call will be available until <span class=\"xn-chron\">August 26, 2021<\/span>. The replay dial-in numbers are 1-844-512-2921 (toll-free) in the U.S. and <span class=\"xn-location\">Canada<\/span> and 1-412-317-6671 (toll) internationally. Please use replay pin number 13722250. <\/p>\n<p>\n        <b>About Volition<\/b>\n      <\/p>\n<p>Volition is a multi-national epigenetics company developing simple, easy to use, cost effective blood tests to help diagnose a range of cancers and other diseases. Early diagnosis has the potential to not only prolong the life of patients, but also to improve their quality of life. The tests are based on the science of Nucleosomics<sup>TM<\/sup>, which is the practice of identifying and measuring nucleosomes in the bloodstream or other bodily fluid &#8211; an indication that disease is present. Volition is primarily focused on human diagnostics but also has a subsidiary focused on animal diagnostics.<\/p>\n<p>Volition&#8217;s research and development activities are centered in <span class=\"xn-location\">Belgium<\/span>, with a small laboratory in <span class=\"xn-location\">California<\/span> and additional offices in <span class=\"xn-location\">Texas<\/span>, <span class=\"xn-location\">London<\/span> and <span class=\"xn-location\">Singapore<\/span>, as the company focuses on bringing its diagnostic products to market.<\/p>\n<p>For more information about Volition, visit Volition&#8217;s website <a target=\"_blank\" href=\"https:\/\/volition.com\/\" rel=\"nofollow noopener\">volition.com<\/a> or connect with us via:<\/p>\n<p>Twitter: <a target=\"_blank\" href=\"https:\/\/twitter.com\/volitionrx\" rel=\"nofollow noopener\">https:\/\/twitter.com\/volitionrx<\/a><br \/>LinkedIn: <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/volitionrx\" rel=\"nofollow noopener\">https:\/\/www.linkedin.com\/company\/volitionrx<\/a><br \/>Facebook: <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/VolitionRx\/\" rel=\"nofollow noopener\">https:\/\/www.facebook.com\/VolitionRx\/<\/a><br \/>YouTube: <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/user\/VolitionRx\" rel=\"nofollow noopener\">https:\/\/www.youtube.com\/user\/VolitionRx<\/a><\/p>\n<p>The contents found at Volition&#8217;s website address, Twitter, LinkedIn, Facebook, and YouTube are not incorporated by reference into this document and should not be considered part of this document.\u00a0The addresses for Volition&#8217;s website, Twitter, LinkedIn, Facebook, and YouTube are included in this document as inactive textual references only.<\/p>\n<p>\n        <b>Media \/ Investor Contacts<\/b>\n      <\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prntblns\">\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Louise Batchelor, Volition<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:mediarelations@volition.com\" class=\"prnews_a\" rel=\"nofollow noopener\">mediarelations@volition.com<\/a>\u00a0<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>+44 (0)7557 774620<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Scott Powell, Volition<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:investorrelations@volition.com\" class=\"prnews_a\" rel=\"nofollow noopener\">investorrelations@volition.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>+1 (646) 650 1351<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnrbrs prnvab prnsbbs prnpl6 prnsbls prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Jen Lewis, Mind+Matter<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">\u00a0<a target=\"_blank\" href=\"mailto:Jen.Lewis@ashfieldhealth.com\" class=\"prnews_a\" rel=\"nofollow noopener\">Jen.Lewis@ashfieldhealth.com<\/a><\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>+44 (0)7809 867943<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbt1 prnrbrs prnvab prnsbbs prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>Joseph Green, Edison Advisors<\/b><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <a target=\"_blank\" href=\"mailto:jgreen@edisongroup.com\" class=\"prnews_a\" rel=\"nofollow noopener\">jgreen@edisongroup.com<\/a><br \/>\n                <\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <b>+1 (646) 653 7030<\/b><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>\n        <b>Cautionary Note Regarding Forward-Looking Statements<\/b>\n      <\/p>\n<p>Statements in this press release may be &#8220;forward-looking statements&#8221; within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that concern matters that involve risks and uncertainties that could cause actual results to differ materially from those anticipated or projected in the forward-looking statements. Words such as &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;aims,&#8221; &#8220;targets,&#8221; &#8220;believes,&#8221; &#8220;seeks,&#8221; &#8220;estimates,&#8221; &#8220;optimizing,&#8221; &#8220;potential,&#8221; &#8220;goal,&#8221; &#8220;suggests,&#8221; &#8220;could,&#8221; &#8220;would,&#8221; &#8220;should,&#8221; &#8220;may,&#8221; &#8220;will&#8221; and similar expressions identify forward-looking statements. These forward-looking statements relate to, among other topics, the timing, completion and delivery of data from clinical studies, the effectiveness of Volition&#8217;s blood-based diagnostic and prognostic tests, Volition&#8217;s ability to develop and successfully commercialize such test platforms for early detection of cancer and other diseases as well as serving as a diagnostic or prognostic tool for COVID-19, the timing of product launches and publications, and expectations regarding Volition&#8217;s future revenue and financial performance. Volition&#8217;s actual results may differ materially from those indicated in these forward-looking statements due to numerous risks and uncertainties, including, without limitation, results of studies testing the efficacy of its tests. For instance, if Volition fails to develop and commercialize diagnostic or prognostic products, it may be unable to execute its plan of operations. Other risks and uncertainties include Volition&#8217;s ability to obtain necessary regulatory clearances or approvals to distribute and market future products; marketplace acceptance of the products in Volition&#8217;s development pipeline or any other diagnostic or prognostic products Volition might develop; Volition&#8217;s ability to secure adequate intellectual property protection; Volition will face fierce competition and Volition&#8217;s intended products may become obsolete due to the highly competitive nature of the diagnostics market and its rapid technological change; downturns in domestic and foreign economies; and other risks identified in Volition&#8217;s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as well as other documents that Volition files with the Securities and Exchange Commission. These statements are based on current expectations, estimates and projections about Volition&#8217;s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are made as of the date of this release, and, except as required by law, Volition does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.<\/p>\n<p>Nucleosomics\u2122 and Nu.Q\u00ae and their respective logos are trademarks and\/or service marks of VolitionRx Limited and its subsidiaries. All other trademarks, service marks and trade names referred to in this press release are the property of their respective owners. Additionally, unless otherwise specified, all references to &#8220;$&#8221; refer to the legal currency of <span class=\"xn-location\">the United States of America<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN72016&amp;sd=2021-08-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update-301353313.html\">https:\/\/www.prnewswire.com\/news-releases\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update-301353313.html<\/a><\/p>\n<p>SOURCE  VolitionRx Limited<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN72016&amp;Transmission_Id=202108111610PR_NEWS_USPR_____CN72016&amp;DateId=20210811\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Conference call to discuss financial and operational results scheduled for Thursday, August 12, at 8:00 a.m. U.S. Eastern Time PR Newswire Strong balance sheet with approximately $27.9 million in cash and cash equivalents Strengthened the Company&#8217;s veterinary leadership team to drive commercial focus Expanded the Company&#8217;s intellectual property portfolio Published two clinical papers Continued focus on, and made strong progress towards, product launches and licensing in both the human and veterinary spaces worldwide AUSTIN, Texas, Aug. 11, 2021 \/PRNewswire\/ &#8212; VolitionRx Limited (NYSE AMERICAN: VNRX) (&#8220;Volition&#8221;) today announced financial results and a business update for the second quarter ended June 30, 2021. Volition management will host a conference call tomorrow, August 12 at 8:00 a.m. U.S. Eastern Time to discuss &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-526884","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Conference call to discuss financial and operational results scheduled for Thursday, August 12, at 8:00 a.m. U.S. Eastern Time PR Newswire Strong balance sheet with approximately $27.9 million in cash and cash equivalents Strengthened the Company&#8217;s veterinary leadership team to drive commercial focus Expanded the Company&#8217;s intellectual property portfolio Published two clinical papers Continued focus on, and made strong progress towards, product launches and licensing in both the human and veterinary spaces worldwide AUSTIN, Texas, Aug. 11, 2021 \/PRNewswire\/ &#8212; VolitionRx Limited (NYSE AMERICAN: VNRX) (&#8220;Volition&#8221;) today announced financial results and a business update for the second quarter ended June 30, 2021. Volition management will host a conference call tomorrow, August 12 at 8:00 a.m. U.S. Eastern Time to discuss &hellip; Continue reading &quot;VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-11T20:13:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN72016&amp;sd=2021-08-11\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update\",\"datePublished\":\"2021-08-11T20:13:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/\"},\"wordCount\":2123,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CN72016&amp;sd=2021-08-11\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/\",\"name\":\"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CN72016&amp;sd=2021-08-11\",\"datePublished\":\"2021-08-11T20:13:23+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/#primaryimage\",\"url\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CN72016&amp;sd=2021-08-11\",\"contentUrl\":\"https:\\\/\\\/c212.net\\\/c\\\/img\\\/favicon.png?sn=CN72016&amp;sd=2021-08-11\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/","og_locale":"en_US","og_type":"article","og_title":"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update - Market Newsdesk","og_description":"Conference call to discuss financial and operational results scheduled for Thursday, August 12, at 8:00 a.m. U.S. Eastern Time PR Newswire Strong balance sheet with approximately $27.9 million in cash and cash equivalents Strengthened the Company&#8217;s veterinary leadership team to drive commercial focus Expanded the Company&#8217;s intellectual property portfolio Published two clinical papers Continued focus on, and made strong progress towards, product launches and licensing in both the human and veterinary spaces worldwide AUSTIN, Texas, Aug. 11, 2021 \/PRNewswire\/ &#8212; VolitionRx Limited (NYSE AMERICAN: VNRX) (&#8220;Volition&#8221;) today announced financial results and a business update for the second quarter ended June 30, 2021. Volition management will host a conference call tomorrow, August 12 at 8:00 a.m. U.S. Eastern Time to discuss &hellip; Continue reading \"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-11T20:13:23+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN72016&amp;sd=2021-08-11","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"11 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update","datePublished":"2021-08-11T20:13:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/"},"wordCount":2123,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN72016&amp;sd=2021-08-11","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/","name":"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN72016&amp;sd=2021-08-11","datePublished":"2021-08-11T20:13:23+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/#primaryimage","url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN72016&amp;sd=2021-08-11","contentUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN72016&amp;sd=2021-08-11"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/volitionrx-limited-announces-second-quarter-2021-financial-results-and-business-update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"VolitionRx Limited Announces Second Quarter 2021 Financial Results and Business Update"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/526884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=526884"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/526884\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=526884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=526884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=526884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}