Truscreen Expands in China
NZX Announcement
6 May 2020
Truscreen expands in China
Highlights
• TruScreen device roll-out continues after COVID-19 restrictions lifted
• Four new hospitals added in Shanghai and Sichuan Province April 2020
• Distributor wins tender for five new hospitals to commence May 2020
• 18% increase in hospital coverage in April/May 2020
TruScreen Limited (NZX:TRU) (TruScreen or the “Company”) is pleased to advise that during
April 2020 the TruScreen cervical screening device became operational in four new hospitals
in the Shanghai Municipality and in Sichuan Province. These hospitals conducted around one
hundred patient screening tests using TruScreen handheld real-time device during the month.
TruScreen’s China distributor, Beijing Siweixiangtai Tech Co., Ltd (SWXT) was also successful
in securing an order for supplying the TruScreen cervical screening device to a further five
hospitals, for delivery and installation in May 2020. This increases the number of hospitals
actively using the TruScreen cervical screening device on a commercial basis from forty nine
to fifty eight, an 18% increase over March 2020.
Further roll outs of the TruScreen cervical screening device are expected for the rest of the
calendar year.
TruScreen CEO, Victoria Potarina comments, “China continues to be our key focus and we are pleased
with the current increase of hospital coverage. The adoption by these nine new hospitals of our TruScreen
cervical screening system are a testament to the efficacy of the TruScreen cervical screening device. Our
distributor, SWXT continues to work on the roll out of our Truscreen cervical screening programme in
China, post COVID-19. We continue to see huge potential in this market.”
This announcement has been approved by the Board.
- ENDS -
For more information, visit www.truscreen.com or contact:
TruScreen
Victoria Potarina
Chief Executive Officer
victoriapotarina@truscreen.com
Guy Robertson
Chief Financial Officer
guyrobertson@truscreen.com
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 intra-epithelial 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’s target market is low-
and middle-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 CE-marked and certified for use throughout Europe and CFDA-
approved for sale in China. The global market potential for TruScreen is significant.
For more information, visit our website at www.truscreen.com
Watch our video on TruScreen: http://truscreen.com/truscreen-the-company/truscreen- ultra-
video/
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