TRUSCREEN GROUP LIMITED logo

TruScreen Commences Large Scale Chinese Pilot with CDC

Operational Update24 July 2018TRUIndustrials

25 July 2018
NZX Announcement


TruScreen Commences Large Scale Chinese Pilot with CDC


Cervical cancer technology company, TruScreen Limited (NZAX:TRU), announces that it has now

commenced the large scale Chinese evaluation (previously advised) with The Women’s and

Children’s Division of the Centre for Disease Control (CDC) .

The aim of the evaluation is multifold: To have TruScreen included in the CDC’s screening guidelines

for the 3000 hospitals run by its Women’s and Children’s Health Division; to have the CDC

recommend TruScreen for inclusion in the Central Government’s Ministry of Health screening

guidelines for all 12,000 government hospitals in China; and, as part of the evaluation, TruScreen will

also be assessed for use as a first choice screening technology in rural areas in China.

The evaluation will involve a minimum of 12,000 women across eight provinces and 16 hospitals in

China is expected to generate $162,000 revenue for TruScreen during the next three months.

Chairman of TruScreen, Robert Hunter, said: “we are extremely confident of TruScreen’s Clinical

capabilities and this pilot program is an essential component to gaining acceptance by the Chinese

national healthcare administrators and for inclusion in the National Cervical Screening guidelines.

When complete, this endorsement will be the key to TruScreen gaining access to over 3,000

hospitals and a share of the 10 million Central Government funded screening tests conducted in

these hospitals each year.”

The CDC is responsible for conducting Central Government sponsored screening programs in China,

for cervical cancers, through its hospitals and the Central Government Ministry of Health directly

funds these 10 million cervical cancer screening tests per year through CDC hospitals, which is a

market valued in excess of $75 million per annum.


With 400 million women of screening age, China remains our primary market opportunity and we

have experienced significant increase in sales since CFDA approval was received at the end of 2017.



ENDS

For more information visit www.truscreen.com or contact:

Martin Dillon

TruScreen Chief Executive Officer

Email: martindillon@truscreen.com

Media Liaison

Jackie Ellis

Email: jackie@ellisandco.co.nz

Phone: +64 27 246 2505




About TruScreen:

TruScreen’s 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. A sophisticated proprietary

algorithm framework distinguishes between

normal and abnormal (cancerous and

precancerous) tissue to identify precancerous

change, or cervical intraepithelial neoplasia

(CIN). A Single Use Sensor (SUS) is used for

each patient to protect against cross-infection.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.