Nemaura Announces CE Mark Approval of SugarBEAT®
Nemaura Medical, Inc. (NMRD)
NASDAQ:AMEX Investor Relations:
nemauramedical.com/investors
Company Research
Source: GlobeNewswire
Loughborough,England, May 29, 2019 (GLOBE NEWSWIRE) -- Nemaura Medical, Inc. (NASDAQ: NMRD), a medical technology company focused on the development of SugarBEAT® as a non-invasive, affordable and flexible Continuous Glucose Monitor (CGM) for use by diabetics and pre-diabetics, today announced that it has received CE Mark approval for SugarBEAT®. With this Approval, Nemaura is permitted to commence sales of SugarBEAT® throughout the European Union. Key Highlights: SugarBEAT® consists of a non-invasive, needle-free, disposable adhesive skin-patch connected to a rechargeable transmitterLowest priced CGM in the industryEnables users to spend more time in range (TIR) by providing an ambulatory glucose profile (AGP) chartTargeting $179 billion global market opportunity including insulin and non-insulin dependent diabetics, pre-diabetics, and wearable health-tech marketsOn track to submit U.S. Food and Drug Administration (FDA) application in mid-2019Dedicated SugarBEAT® Symposia p
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