The PSA test may soon be obsolete as a test for prostate cancer, according to the article below.
Link: Investor's Business Daily: New Players Emerge In Shifting Market For Prostate Tests
For two decades, the PSA test has been the standard for diagnosing prostate cancer. But in 2004, the man widely credited for creating the test renounced it, sparking a medical furor.
Based on his own studies, Dr. Thomas Stamey of Stanford University said PSA testing detects enlarged prostates, not cancer.
"We need to recognize that PSA is no longer a marker for prostate cancer," he said.
PSA stands for protein specific antigen, a protein produced by the prostate. The PSA test measures the level of PSA in the blood. The more PSA, the greater the likelihood of prostate cancer. The problem: PSA tests push too many men into needless, painful and expensive biopsies.
Several biotechs seek a better indicator of prostate cancer. Canadian biotech DiagnoCure has developed a diagnostic method requiring only a urine sample. No blood test is required. Neither is a biopsy.
DiagnoCure's prostate cancer marker is a gene called PCA3. The company, which trades on the Toronto Stock Exchange, has partnered with San Diego-based Gen-Probe.
PCA3 is far better than a PSA, says Aaron Geist, analyst with investment bank Robert Baird & Co., which seeks Gen-Probe's business.
PCA3 has been 89% accurate in finding prostate cancer and 90% accurate in ruling it out, Geist says. Recent studies from various sources put the PSA at about 38% accuracy for finding prostate cancer and 38% for ruling it out.
This means PSA tests are raising false alarms. And those false alarms mean pain and suffering for men who endure biopsies to verify the PSA-based diagnosis, Geist says. Part of that pain is financial: A biopsy costs $2,000.
Also, there's no guarantee a biopsy will find cancer even in a cancerous prostate. The biopsy might take a sample from a noncancerous area of the prostate.
The procedure is so grim that up to 20% of men won't undergo it a second time, even if they have high PSA, Geist says.