TRUSCREEN GROUP LIMITED logo

China Ramps Up for Public Health Check Centres

Operational Update7 March 2023TRUIndustrials

NZX/ASX Announcement


8 March 2023


China Ramps Up for Public Health Check Centres


Highlights


• China distributor orders 40 devices for April 2023 delivery

• First TruScreen Health Check installation in February 2023

• Further tender won in major public hospital


Truscreen Group Limited (NZX/ASX:TRU) is pleased to advise that its China distributor, Beijing

Siweixiantai Tech Co. Ltd (SWXT), has placed an order for 40 TruScreen cervical cancer screening

devices for installation into China’s growing public Health Check Sector. Delivery is expected in April

2023.

Following long COVID delays the initial installation of TruScreen into the public Health Check Centre

within The People's Liberation Army General Hospital, one of the leading health check centers in the

country was completed in February 2023. This is the first installation into a public Health Check

Centre and SWXT is expecting rapid growth in the year ahead.


TruScreen won the tender in February 2023 for Affiliated Hospital of Nantong University in Nantong,

Jiangsu Province. The hospital is one of the largest in the province and is highly regarded in North

Jiangsu. The head of its Obstetric and Gynecologic Department is the current Chair of COGA Jiangsu

Provincial branch (see NZX/ASX announcement dated 5 April 2022).


China, after the COVID lockdown years, is now seeing a strong pipeline of significant growth

opportunities. This includes 7 hospital tenders won with 13 installations pending, 23 hospitals where

TruScreen has been approved and waiting for tender outcomes, and 78 hospitals where Obstetric

and Gynecologic Department acceptance have been received and are waiting for the next stage of

hospital approval.

This announcement has been approved by the Board.

Ends



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


Dr Beata Edling

Chief Executive Officer

beataedling@truscreen.com


Guy Robertson

Chief Financial Officer

guyrobertson@truscreen.com


Julia Maguire

Investor Relations

julia@thecapitalnetwork.com.au







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, 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. In 2021, TruScreen established a manufacturing facility in China for

devices marketed and sold in China.

TruScreen is currently targeting product sales to a range of low and middle-income countries,

including China, Mexico, Vietnam, Russia, Zimbabwe and Saudi Arabia, where no large-scale cervical

cancer screening programmes 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.