Nemaura Medical to Present at the 13th Annual LD Micro Main Event Virtual Conference

Rhea-AI Summary

On December 11, 2020, Nemaura Medical, Inc. (NASDAQ: NMRD) announced that CEO Dr. Faz Chowdhury will present a corporate overview at the 13th Annual LD Micro Main Event virtual investor conference on December 15 at 8:00 AM PST/11:00 AM EST. The presentation will last 10 minutes, followed by a Q&A session. Nemaura focuses on developing non-invasive wearable diagnostic devices, including sugarBEAT^®, a glucose monitor that received CE mark approval. The company has submitted a PMA for sugarBEAT^® to the U.S. FDA, targeting the growing diabetes and health-tech markets.

LOUGHBOROUGH, England, Dec. 11, 2020 (GLOBE NEWSWIRE) -- Nemaura Medical, Inc. (NASDAQ: NMRD)(“Nemaura” or the “Company”), a medical technology company focused on developing and commercializing non-invasive wearable diagnostic devices and supporting personalized lifestyle coaching programs, today announces announces that CEO Dr. Faz Chowdhury will present a corporate overview at the 13th Annual LD Micro Main Event virtual investor conference on Tuesday, December 15 at 8:00 AM PST/11:00 AM EST. The format will be a 10-minute presentation followed by a 10-minute Q&A session with a panel of investors and analysts.

Interested participants can register to view the presentation and Q&A session at ve.mysequire.com/.

View Nemaura Medical’s LD Micro profile here.

About Nemaura Medical, Inc.

Nemaura Medical Inc. is a medical technology company developing and commercializing non-invasive wearable diagnostic devices. The company is currently commercializing sugarBEAT^® and proBEAT™. sugarBEAT^®, a CE mark approved Class IIb medical device, is a non-invasive and flexible continuous glucose monitor (CGM) providing actionable insights derived from real time glucose measurements and daily glucose trend data, which may help people with diabetes and pre-diabetes to better manage, reverse, and prevent the onset of diabetes. Nemaura has submitted a PMA (Premarket Approval Application) for sugarBEAT^® to the U.S. FDA. proBEAT™ combines non-invasive glucose data processed using artificial intelligence and a digital healthcare subscription service and is expected to be launched in the U.S. as a general wellness product.  

The Company sits at the intersection of the global Type 2 diabetes market that is expected to reach nearly $59 billion by 2025, the $50+ billion pre-diabetic market, and the wearable health-tech sector for weight loss and wellness applications that is estimated to reach $60 billion by 2023.

For more information, please visit www.NemauraMedical.com.

About LD Micro/SEQUIRE

LD Micro began in 2006 with the sole purpose of being an independent resource to the microcap world. What started as a newsletter highlighting unique companies, transformed into a prominent event platform in the space. For more information, please visit ldmicro.com

Cautionary Statement Regarding Forward-Looking Statements:

The statements in this press release that are not historical facts may constitute forward-looking statements that are based on current expectations and are subject to risks and uncertainties that could cause actual future results to differ materially from those expressed or implied by such statements. Those risks and uncertainties include, but are not limited to, the launch of proBEAT™ in the US, risks related to regulatory status and the failure of future development and preliminary marketing efforts, Nemaura’s ability to secure additional commercial partnering arrangements, risks and uncertainties relating to Nemaura and its partners’ ability to develop, market and sell proBEAT™, the availability of substantial additional equity or debt capital to support its research, development and product commercialization activities, and the success of its research, development, regulatory approval, marketing and distribution plans and strategies, including those plans and strategies related to both proBEAT™ digital health, and sugarBEAT^®. There can be no assurance that the company will be able to reach a part of or any of the global market for CGM with its products/services. The FDA reserves the right to re-evaluate their decision that proBEAT™ qualifies as a general wellness product should it become aware of any issues such as skin irritation or other adverse events from the device, as well as any misuse impacting patient safety, and any other reason as the FDA may see fit at its discretion to determine the product does not fit the definition of a general wellness product. These and other risks and uncertainties are identified and described in more detail in Nemaura’s filings with the United States Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K for the most recently completed fiscal year, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K. Nemaura undertakes no obligation to publicly update or revise any forward-looking statements.

Contact:

Jules Abraham
CORE IR
917-885-7378
julesa@coreir.com

FAQ

When will Nemaura Medical present at the LD Micro Main Event?

Nemaura Medical will present on December 15, 2020, at 8:00 AM PST/11:00 AM EST.

What is the focus of Nemaura Medical's presentation?

The presentation will provide a corporate overview and insights into Nemaura's non-invasive wearable diagnostic devices.

What products is Nemaura Medical currently commercializing?

Nemaura Medical is commercializing sugarBEAT^® and proBEAT™.

What is sugarBEAT^®?

sugarBEAT^® is a non-invasive continuous glucose monitor approved as a Class IIb medical device.

What major market is Nemaura Medical targeting?

Nemaura Medical is targeting the global Type 2 diabetes market, which is expected to reach nearly $59 billion by 2025.