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TruScreen Gains Access To India Market

Operational Update6 March 2017TRUIndustrials

Company Announcement 07 March, 2017

TruScreen Gains Access to India Market


Cervical cancer technology company, TruScreen Limited (NZAX:TRU), has entered into commercial

agreements with Khandelwal Laboratories Pvt Limited ( K.Lab) for the purpose of providing

TruScreen with access to the Indian market.


India is the world’s largest populated market, with approximately 1.3 billion people, of which

approximately 300 million women are of screening age. It accounts for nearly one third of global

deaths from cervical cancer. Lack of access to cervical screening is a major factor in this abnormally

high mortality rate.


Recently, in November 2016, the Government of India (GOI) announced efforts to address this

mortality rate and mandated a national screening programme for cervical cancer for females aged

over 30 years, setting aside substantive budget allowances for cervical cancer screening commencing

in 2017.


In India, and in particular rural India, there is a shortage of trained health professionals, cytologists

and colposcopists. The Ministry of Health and Family Welfare has stated in its operational guidelines

for screening that a ‘’single visit” approach (where screening and treatment is effected in the one

visit) is the preferred approach for cervical cancer screening. In contrast to other highly subjective

methods, TruScreen provides an ideal solution which is objective and real time. As a result,

TruScreen and Khandelwal Laboratories Pvt. Ltd. have taken steps to immediately commence the

evaluation process for inclusion in the GOI screening programme.


TruScreen is already under similar evaluation by several other Governments for use in their public

screening programmes, including in Mexico, China and the Philippines.


CEO of TruScreen, Martin Dillon, commented: “We are delighted to enter into these commercial

agreements with Khandelwal who are a reputable and well-established pharmaceutical and device

supply company based in Mumbai. These agreements cover the distribution of TruScreen into the

public and private sectors and also the likely establishment of in-country manufacturing facilities to

satisfy supply to the GOI. K Lab have over 700 employees with a strong emphasis on sales and the

supply of oncology products to the private and public sectors in India. TruScreen has reacted quickly

to the Indian opportunity and expects to apply additional resources to this project. ”


ENDS

For more information visit www.truscreen.com

Contact:

Martin Dillon, TruScreen Chief Executive Officer

email: martindillon@truscreen.com

About TruScreen:

TruScreen real time cervical cancer technology utilises a digital wand which is placed on the surface

of the cervix to measure electrical and optical signals from the surrounding tissue to identify

precancerous change, or cervical intraepithelial neoplasia (CIN).TruScreen has distribution contracts

in a range of international markets, including China, Latin America, Central Asia, Russia, the Middle

East and Eastern Europe.

About Khandelwal Laboratories

Established in 1945, K Lab manufactures markets and out-licenses patented pharma formulations,

NDDS, Nanotechnology formulations, Niche APIs and Chiral intermediates. K Lab has over 200

patents granted/pending. It has three manufacturing sites. In its new initiate K Lab has entered into

the field of licensing and marketing patented medical devices in India.

Additional Reading:

http://indiatoday.intoday.in/story/govt-to-make-screening-of-oral-cervix-and-breast-cancer-

mandatory-for-30-from-november-2016/1/783976.html


https://in.finance.yahoo.com/news/government-india-makes-oral-breast-093002804.html

-ENDS-

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