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TruScreen Cervical Cancer Screening Centre Mexico City

Operational Update2 August 2022TRUIndustrials

NZX/ASX Announcement
3 August 2022

TruScreen-based cervical cancer screening centre opens in Mexico City

Key Highlights

• A TruScreen-based cervical cancer screening centre has opened in Cludad de Mexico (Mexico

City), operated by Mexpharm Medical Clinical.

• Mexpharm Medical Clinical is a leading healthcare provider in Mexico, specialising in

comprehensive medical care focussed on the needs of patients and clinicians.

• The centre will showcase TruScreen’s medical technology, act as a training centre, and provide

screening services to local People.

• The centre’s opening will further expand TruScreen’s footprint in a significant marketplace, with

the female population in Mexico now around 65 million.


TruScreen Group Limited (NZX/ASX: TRU) (‘TruScreen’ or ‘the Company’) is pleased to announce the

establishment of a TruScreen-based cervical cancer screening centre in a new clinic in Cludad de Mexico

(Mexico City) operated by leading healthcare provider Mexpharm Medical Clinical.

The new clinic will use the TruScreen device for cervical cancer screening

Mexpharm Medical Clinical, a leader in healthcare care in Mexico, specialises in comprehensive medical care

focused on the needs of patients and clinicians. It provides state-of-the-art medical technologies and doctors

specialized in ophthalmology, endoscopy, gynecology-oncology, internal medicine, anesthesiology, and general

medicine. It delivers competitively priced, quality short-stay medical care with high level of professional medical

care. The agreement to operate the TruScreen-based cervical cancer screening centre in the Mexpharm clinic

was negotiated by the Company’s distributor in Mexico, Sunbird S.A. de C.V.


Figure 1: The waiting room in the Mexpharm clinic



Figure 2: The TruScreen cervical cancer screening operator in the Mexpharm clinic

The TruScreen package being supplied to Mexpharm

The centre will showcase TruScreen’s medical technology, act as a training centre, and provide screening

services to local people. It follows on TruScreen’s establishment of a service centre in Mexico during the 2022

financial year, obviating the need for medical devices to be returned to Australia for service and re-calibration.

TruScreen’s addressable market in Mexico is significant

Mexico has reported strong population growth for many years with a population of around 130 million. About

22 million residing in Mexico City. Within the total population number, more than 65 million are female, of whom

around half fall within the prime cervical cancer screening age of 25-64 years old.

1



Figure 3: Mexico’s population is around 130m (Data Source: The World Bank)


1

https://cdn.who.int/media/docs/default-source/country-profiles/cervical-cancer/cervical-cancer-mex-2021-country-

profile-en.pdf?sfvrsn=8a0b4124_38&download=true


60

70

80

90

100

110

120

130

140

1991199319951997199920012003200520072009201120132015201720192021

Million

Population of Mexico




Figure 4: Cervical cancer profile in Mexico (Source: World Health Organisation)

According to the hpvcentre.net, Mexico has a population of almost 50 million women ages 15 years and older

who are at risk of developing cervical cancer. Current estimates indicate that every year 9,439 women are

diagnosed with cervical cancer and 4,335 die from the disease. Cervical cancer ranks as the second most

frequent cancer among women in Mexico and the third most frequent cancer among women between 15 and

44 years of age.

2


TruScreen CEO Juliet Hull said: “We are thrilled to partner with highly respected healthcare group

Mexpharm

Medical Clinical. The TruScreen-based cervical cancer screening centre in their new clinic in Mexico City will

further build on our existing presence in the huge Mexican market. We look forward to using it to showcase our

unique medical technology and provide cervical cancer screening services to local businesses. While doing

this, the centre will also be an ideal base to provide training services.”

Sunbird S.A. de C.V Managing Director Dr. Francisco José Camargo Santacruz said: “Sunbird is delighted

to be part of TruScreen’s ongoing expansion into the large Mexican market. We are particularly proud to have

played a role in the evolving partnership between TruScreen and Mexpharm. The innovative clinic they have

set up together represents a quantum leap in the quality of women's health in Mexico. And the upside potential

for TruScreen flowing from the partnership is immense, with the female population in this major Central

American country currently around 65 million. It opens the door to a potential new business model, where

TruScreen builds scale and materially grows its Single Use Sensor (SUS) sales into the Mexican market.”

This announcement has been approved by the Board.

-ENDS-

For more information, visit


www.truscreen.com or contact:

Juliet Hull

Chief Executive Officer

juliethull@truscreen.com


Guy Robertson

Chief Financial Officer

guyrobertson@truscreen.com


Julia Maguire

Investor Relations

julia@thecapitalnetowrk.com.au


+61 2 8999 3699



2

https://hpvcentre.net/statistics/reports/MEX_FS.pdf





About TruScreen:


TruScreen Group Limited (NZX/ASX: TRU) is a New Zealand-based medical device company that

has developed an AI-enabled device that can detect precancerous and cancerous cervical changes

in real-time via optical and electrical measurements of cervical tissue. Unlike many cervical screening

technologies that have only triage/adjunct functionality, the TruScreen device is registered as a

primary screening tool.

TruScreen’s cervical screening technology effectively resolves many of the ongoing issues with

conventional cytology, including failed samples, poor patient follow-up, patient discomfort from

sample collections, and the need for supporting laboratory infrastructure.

The device is CE-marked, meaning it meets EU safety, health and environmental protection standards

required for sale and use throughout Europe. It is also National Medical Products Administration

approved for sale in China.

TruScreen is currently targeting product sales to low and middle-income countries, including China,

Mexico, Vietnam, Russia, Czech Republic, Poland, Serbia, Bosnia, Macedonia, and Saudi Arabia,

where no large-scale cervical cancer screening programs and infrastructure are currently in place. By

doing so, the Company hopes to help improve the health and wellbeing of women worldwide.

To learn more, please visit: www.truscreen.com/

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.