Issuer: Mainz BioMed N.V.
/ Key word(s): Miscellaneous
Mainz Biomed Announces Live Launch of ColoAlert® with testDNA Laboratory in Poland Strategic Partnership Aims to Revolutionize Cancer Screening and Enhance Healthcare Outcomes, Bringing Innovative Genetic Testing Solutions to Individuals Across Poland BERKELEY, US – MAINZ, Germany – August 22, 2023 — Mainz Biomed NV (NASDAQ:MYNZ) (“Mainz Biomed” or the “Company”) , a molecular genetics diagnostic company specializing in the early detection of cancer, announces the commercial launch of ColoAlert® in Poland, made possible through a strategic collaboration with testDNA Sp. z o. o. Sp. K (“testDNA”). The partnership marks another significant step forward in providing new and innovative testing options to underserved populations in the battle against colorectal cancer (“CRC”). ColoAlert®, Mainz Biomed's flagship product is a user-friendly and highly effective at-home screening test able to help meaningfully address the pressing global challenge of early colorectal cancer detection. The strategic alliance with testDNA aims to extend the reach of this transformative technology, providing improved access to screening tools that come with the potential to save countless lives across Poland. Operating since 2003, testDNA is a national leader in the field of DNA-based testing services. As an accredited research laboratory sanctioned by the Polish Center for Accreditation, the laboratory is headquartered in Katowice, Poland, and boasts an expansive network of over 300 collection points throughout the country. With a comprehensive portfolio, testDNA is renowned for delivering state-of-the-art genetic-based testing solutions tailored to individual needs. The urgency for alternative CRC screening options is underscored by data from the World Cancer Research Fund International which ranked Poland 7th (seventh) in the world for the highest mortality rate. With over 21 million people aged over 40, the market opportunity for ColoAlert® is significant, especially as there has been a low level of national participation in CRC screening which traditionally has been colonoscopies. In the recently published NordICC study in the New England Journal of Medicine, only 33% of those invited to participate in colonoscopy screening actually took part. This highlights the need to have alternative screening options that are less invasive and easier to perform at home. Darin Leigh, Chief Commercial Officer of Mainz Biomed, emphasized the pivotal role of this collaboration: "Partnering with testDNA to initiate our entry into the Polish market signifies another critical step in our mission to extend the reach of ColoAlert® to individuals at risk of colorectal cancer. Together, we are well positioned to help transform and improve the current cancer screening options in Poland and provide timely interventions that have the potential to save lives." About ColoAlert® About Colorectal Cancer About Mainz Biomed NV For media inquiries, please contact press@mainzbiomed.com MC Services AG In the U.S.: Josh Stanbury
For investor inquiries, please contact info@mainzbiomed.com Forward-Looking Statements
Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | Mainz BioMed N.V. |
Robert-Koch-Strasse 50 | |
55129 Mainz | |
Germany | |
Internet: | mainzbiomed.com |
EQS News ID: | 1708205 |
End of News | EQS News Service |
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