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Truscreen Commences Major Commercial Rollout in Vietnam

Operational Update7 July 2024TRUIndustrials

NZX/ASX Announcement

8 July 2024

TruScreen Commences Major Commercial Rollout in Vietnam


Highlights


• 10 TruScreen devices and 1,800 single-use sensors (SUS) ordered by Vietnam’s Gorton

Health Services (GHS)

• Total order value approximately NZ$100,000

• Placement of TruScreen cervical cancer devices commences in key hospitals in Vietnam

• First major order following approval of TruScreen on the Vietnamese Ministry of Health

(MOH) Technical List

• Vietnam has over 35 million women of screening age*



TruScreen Group Limited (NZX/ASX:TRU) is pleased to announce that its Vietnamese distributor

GHS has ordered 10 TruScreen cervical cancer screening devices and 1,800 SUS, marking the

commencement of their major commercial rollout of TruScreen in Vietnam.


GHS has targeted 64 leading hospitals for commercial acceptance of TruScreen and will use the initial

shipment of 10 devices and 1,800 SUS as the first stage in their planned rollout of TruScreen across

Vietnam. The rollout builds on market acceptance and key opinion leader initiatives conducted by

GHS including validation by leading hospitals. This culminated in TruScreen being included in the

Vietnamese MOH Technical List. TruScreen was presented to leading gynaecologists at the Vietnam

National Gynaecologic Conference on 24 May 2024.


The deployment will facilitate the screening and early detection and management of cervical cancer

in Vietnam. This is a significant step towards the nationwide adoption of TruScreen in the Vietnamese

public health sector.


As previously announced (NZX/ASX 20 May 2024) this initial Installation will be followed by further

sales continuing through the latter half of CY2024 and into 2025.

CEO Marty Dilon commented:


"We are excited to see Gorton Health Services take this pivotal step towards the commercialisation

of TruScreen technology in Vietnam. The purchase and subsequent deployment of our devices will

significantly impact the cervical cancer screening landscape in Vietnam. We are confident that

TruScreen's innovative technology will contribute to achieving the World Health Organization's targets

for cervical cancer screening in Vietnam."


This announcement has been approved by the Board.

*CIA World Fact Book women aged 15-64

ENDS







For more information, visit www.truscreen.com

or contact:

Marty Dillion

Chief Executive Officer

martindillon@truscreen.com


Guy Robertson

Chief Financial Officer

guyrobertson@truscreen.com




About TruScreen:


TruScreen Group Limited (NZX/ASX: TRU) is a medical device company that has developed and

manufactures an AI-enabled device for detecting abnormalities in the cervical tissue in real-time via

measurements of the low level of optical and electrical stimuli.

TruScreen’s cervical screening technology enables cervical screening, negating sampling and

processing of biological tissues, failed samples, missed follow-up, discomfort, and the need for costly,

specialised personnel and supporting laboratory infrastructure.

The TruScreen device, TruScreen Ultra

®

, is registered as a primary screening device for cervical

cancer screening.

The device is CE Marked/EC certified, ISO 13485 compliant and is registered for clinical use with the

TGA (Australia), MHRA (UK), NMPA (China), SFDA (Saudi Arabia), Roszdravnadzor (Russia), and

COFEPRIS (Mexico). It has Ministry of Health approval for use in Vietnam, Israel, Ukraine, and the

Philippines, among others and has distributors in 29 countries. In 2021, TruScreen established a

manufacturing facility in China for devices marketed and sold in China.

TruScreen technology has been recognised in CSCCP’s (Chinese Society for Colposcopy and

Cervical Pathology) China Cervical Cancer Screening Management Guideline.

TruScreen has been recognised in a China Blue Paper “Cervical Cancer Three Stage Standardized

Prevent and Treatment” published on 28 April 2023.

In financial year 2023 alone, over 140000

1

examinations have been performed

with TruScreen device. To date, over 200 devices have been installed and used in China, Vietnam,

Mexico, Zimbabwe, Russia, and Saudi Arabia. TruScreen’s vision is “A world without the cervical

cancer”

©

.

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

1

Based on Single Use Sensor sales.








Glossary:

Pap smear (the Papanicolaou smear) test involves gathering a sample of cells from the cervix, with

a special brush. The sample is placed on a glass slide or in a bottle containing a solution to

preserve the cells. Then it is sent to a laboratory for a pathologist to examine under a

microscope. https://www.cancer.net/navigating-cancer-care/diagnosing-cancer/tests-and-

procedures/pap-test

LBC (the liquid-based cytology) test, transfers a thin layer of cells, collected with a brush from the

cervix, onto a slide after removing blood or mucus from the sample. The sample is preserved so

other tests can be done at the same time, such as the human papillomavirus (HPV)

test https://www.cancer.net/cancer-types/cervical-cancer/diagnosis


HPV (human papilloma virus) test is done on a sample of cells removed from the cervix, the same

sample used for the Pap test or LBC. This sample is tested for the strains of HPV most commonly

linked to cervical cancer. HPV testing may be done by itself or combined with a Pap test and/or

LBC. This test may also be done on a sample of cells which a person can collect on their own.

https://www.cancer.net/cancer-types/cervical-cancer/screening-and-prevention



Sensitivity and specificity mathematically describe the accuracy of a test which reports the

presence or absence of a condition. If individuals who have the condition are considered "positive"

and those who don't are considered "negative", then sensitivity is a measure of how well a test can

identify true positives and specificity is a measure of how well a test can identify true negatives:

• Sensitivity (true positive rate) is the probability of a positive test result, conditioned on

the individual truly being positive.

• Specificity (true negative rate) is the probability of a negative test result, conditioned on

the individual truly being negative (Sensitivity and specificity – Wikipedia).

For more information about the cervical cancer and cervical cancer screening in New Zealand and

Australia, please see useful links:

New Zealand: National Cervical Screening Programme | National Screening Unit (nsu.govt.nz)


Australia: Cervical cancer | Causes, Symptoms & Treatments | Cancer Council

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.