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Achiko AG Announces Corporate Update Webcast

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Achiko AG announces the commencement of commercial deliveries for its AptameX™ saliva-based Covid-19 test, targeting clients in Jakarta, including the large organization Nahdlatul Ulama. This proprietary test uses DNA aptamers bound to gold nanoparticles, enhancing detection even at low viral loads, and has shown superior performance compared to typical rapid tests. A corporate update webcast is scheduled for November 22, 2022, led by CEO Steven Goh, to discuss further developments and company strategies.

Positive
  • Commencement of commercial deliveries of AptameX™, indicating market entry.
  • Partnership with Nahdlatul Ulama, enhancing market reach in Indonesia.
  • AptameX™ demonstrates better low viral load detection compared to traditional rapid tests.
Negative
  • None.

Commercial Delivery of its Saliva-Based Covid-19 Test AptameX™ Has Commenced

ZURICH, Switzerland, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Achiko AG (SIX: ACHI; OTCQB: ACHKF; ISIN CH0522213468) (“Achiko”, the “Company”), a healthcare technology company that is developing new innovations and disruptive diagnostic solutions that put people first, announced today that it will hold a corporate update webcast for all shareholders and investors on Tuesday, November 22, 2022 at 9:00 am EST / 3:00 pm CET. A PowerPoint presentation will be available at the time of the call and published on the company website at https://www.achiko.com/financials.

Details of webcast are as follows:

Date: Tuesday, November 22, 2022
Time: 9:00 am EST / 3:00 pm CET
Format: Zoom Call
Presenter: Mr. Steven Goh, CEO of Achiko AG
Meeting link: https://zoom.us/j/98404123755?pwd=Qk1jUytLVWFKb2JEcDZCNUt5MjdQdz09 
Meeting ID: 984 0412 3755
Passcode: achiko

Find your local number: https://us02web.zoom.us/u/knHHcenwR

Recently, Achiko announced that it is commencing commercial deliveries of its Generation 2 AptameX™ Covid-19 test kit to Nahdlatul Ulama and other commercial clients, both starting in and around Jakarta. Nahdlatul Ulama is the Jakarta branch of Nahdlatul Ulama, which nationally in Indonesia has over 90 million registered members and operates over 6,000 schools and universities, and several hundred hospitals and clinics.

AptameX is the Company’s proprietary saliva-based Covid-19 test utilizing DNA aptamers bound to gold nanoparticles in a colloidal solution. The result is read by a UV Spectrophotometer and then analyzed with custom software. Unlike a molecular and immunoassay approaches, the test’s use of DNA aptamers has yielded encouraging results at low viral loads outperforming most lateral flow based rapid tests.

ABOUT ACHIKO AG 
Achiko AG (SIX: ACHI.SW; OTCQB: ACHKF; www.achiko.com) is developing disruptive diagnostic solutions that put people first. The Company’s lead product, AptameX™, is a rapid, reliable Covid-19 test with a companion app, Teman Sehat™, offering a user-friendly digital health passport. AptameX™ and Teman Sehat™ were launched in Indonesia in mid-2021 and AptameX™ received the CE Mark in the European Union in May 2022.

The AptameX™ DNA aptamer tests can be rapidly chemically synthesized, are cost-effective, easily scalable and have broad potential across multiple disease areas. Achiko aims to deliver fast, accurate and affordable diagnostic testing for a range of diseases in the rapidly evolving healthcare diagnostics field.

Headquartered in Zurich, Achiko has offices in Jakarta, and staff around the world.

Media contacts:

ACHIKO AG
Investor Relations
E: ir@achiko.com

Switzerland & Global
Marcus
Balogh
Farner Consulting Ltd.
E: achiko@farner.ch  
T: +41 44 266 67 67

DISCLAIMER

This communication expressly or implicitly contains certain forward-looking statements concerning Achiko AG and its business. Such statements involve certain known and unknown risks, uncertainties, and other factors, which could cause the actual results, financial condition, performance or achievements of Achiko AG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Achiko AG is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.


FAQ

When will Achiko AG hold its next corporate update webcast?

Achiko AG's corporate update webcast is scheduled for November 22, 2022, at 9:00 am EST / 3:00 pm CET.

What is AptameX™ and how does it work?

AptameX™ is a saliva-based Covid-19 test that uses DNA aptamers bound to gold nanoparticles and a UV Spectrophotometer for result analysis.

Who are Achiko AG's clients for the AptameX™ test?

Achiko AG has commenced deliveries to Nahdlatul Ulama and other commercial clients in Jakarta.

What are the benefits of the AptameX™ Covid-19 test?

AptameX™ offers rapid and reliable Covid-19 testing with superior performance at low viral loads compared to conventional rapid tests.

What is the stock symbol for Achiko AG?

Achiko AG trades under the stock symbol ACHKF on OTCQB.

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