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WHO cervical cancer strategy – TruScreen Market Opportunity

Operational Update9 October 2019TRUIndustrials

NZX Announcement
10 October 2019


WHO cervical cancer elimination strategy opens up

TruScreen’s market opportunity


Cervical cancer technology company TruScreen (NZX:TRU) (‘The Company’) expects that the

World Health Organisation’s (WHO) strategy to eliminate cervical cancer worldwide could

provide a significant market opportunity for its real-time screening technology for cervical

cancer.


The WHO strategy document, entitled “Global Strategy Towards the Elimination of Cervical

Cancer as a Public Health Problem”

1

, opens up a favourable macro environment for the

Company’s screening technology.

The document calls for a comprehensive global approach to put the 184 WHO member countries

on the same path to eliminate cervical cancer by the end of the century and proposes screening

targets for the period 2020-2030.

To achieve cervical cancer elimination in the shortest period, WHO notes that screening,

vaccination and treatment must be pursued in combination. It proposes a target of 70 per cent

of women between 35 and 45 years of age in WHO member countries to be screened with a high-

precision test by 2030.

WHO notes that to achieve this target, innovative and optimal service delivery models need to

be adopted, particularly in low- and middle-income countries (LMICs) where cervical cancer

incidence and mortality rates are high. TruScreen is currently the only electro-optical real-time

cervical screening method available in LMICs.

The WHO strategy is currently in draft stage. Subject to WHO member countries consultation,

the strategy is expected to be tabled for adoption at the 73

rd

World Health Assembly in May 2020

in Geneva, Switzerland.

“We look forward to the finalised WHO cervical cancer global strategy in 2020 which we believe

supports the current favourable macro environment for the Company,” said TruScreen CEO

Martin Dillon.

“We continue to expand our presence in LMICs by strengthening relations with Key Opinion

Leaders, NGOs and government organisations.”


1

https://www.who.int/docs/default-source/documents/cervical-cancer-elimination-draft-

strategy.pdf?sfvrsn=380979d6_4


TruScreen aims to make its device the screening method of choice for LMICs. The Truscreen

technology was acknowledged in the May 2019 Unitaid/WHO/Clinton Health Access Initiative

(CHAI) report presented to the WHO Assembly in Geneva, Switzerland, as a suitable cervical

cancer screening method for use in LMICs.

TruScreen continues to make strong progress in its market development programs in key LMICs,

including in:

• China – A recent 20,000 patient trial conducted by the Chinese Obstetrics and

Gynaecology Association (COGA) produced positive interim results

• Zimbabwe – The National AIDS Council selected TruScreen to provide screening for HIV-

affected women

• Mexico – TruScreen facilitated a meeting between Unitaid strategy and programme

managers and the National Institute of Cancer (INCan) for Mexico’s cervical cancer

screening strategy. INCan is a decentralised organisation operating under Mexico’s

Ministry of Health, providing specialised medical care to cancer patients

• Vietnam – A TruScreen pilot programme approved by the country’s Ministry of Health

Professional Advisory Committee has commenced. The programme will evaluate the

Company’s technology in 1,000 patients prior to a national rollout.

Globally, cervical cancer is the fourth most common cancer in women, with more than half a

million diagnosed with the disease in 2018

2

. In LMICs, cervical cancer is the second most common

form of cancer among women. About 90 per cent of deaths from cervical cancer occur in these

countries

3

.


- ENDS -



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


TruScreen

Martin Dillon

CEO

martindillon@truscreen.com


TruScreen

Guy Robertson

CFO

guyrobertson@truscreen.com

Investors

Investor Relations

Phone: +61 2 9237 2801

TruScreen@we-buchan.com




2

World Health Organisation, Cervical Cancer, WHO International, 27 September 2019,

https://www.who.int/cancer/prevention/diagnosis-screening/cervical-cancer/en/

3

Ibid




About TruScreen:

TruScreen is a Cervical Cancer Screening Device which

offers the latest technology in cervical screening,

providing real-time, accurate detection of pre-

cancerous and cancerous cervical cells to help improve

the health and well-being of women around the world.

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 tissues. A sophisticated proprietary algorithm

framework is utilised to detect pre-cancerous change, or

cervical intraepithelial neoplasia (CIN), by optical and

electrical measurement of cervical tissue.


TruScreen offers an alternative approach to cervical screening, resolving many of the ongoing

issues with Pap tests including failed samples, poor patient follow up, patient discomfort and

the need for supporting laboratory infrastructures. As such, TruScreen target market is lower

income countries where no large scale cervical cancer screening programs and infrastructure

are in place, such as; China, Mexico, Africa, Russia and India. TruScreen’s cervical cancer

screening device is EC certified for use throughout Europe and CFDA approved for sale in China.

The global market potential for TruScreen is significant. At saturation, hundreds of millions of

women could benefit from this accurate and inexpensive cervical cancer screening model.


For more information, visit our website at www.truscreen.com or on LinkedIn and Facebook.

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