NEW YORK, June 27, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Zenosense (OTC:ZENO), a client of NNW and healthcare technology developer focused on transformational, disruptive medical diagnostic projects.
To view the full publication, titled “Diagnostics Play Critical Role in Medical Sector,” visit: http://nnw.fm/8ZAlr
The introduction of accurate handheld devices such as MIDS Cardiac is an important step for the POC market. Many of the most effective detection systems are too large and unwieldy to be used at the POC. Meanwhile, the handheld devices available for POC assessment lack the accuracy and reliability to definitively exclude the possibility of a cardiac condition. By miniaturizing laboratory-style and accuracy testing, Zenosense hopes to provide detection that is rapid, reliable and easily usable on the front line of medical care.
While this is a mission that will save lives, it is also one that could potentially bring the company a tidy profit. Medical sensors have been a top performer within the medical technology market for the past five years, performing even better than biotech. The global market for cardiac biomarker diagnostic tests alone is expected to reach a value of $7.2 billion this year, with $1.16 billion of that projected value in POC devices. MIDS therefore has the potential to tap into a valuable and growing market sector.
As Carlos Gil, CEO of Zenosense, said: “These results should not be underestimated. I am not aware of any other detection technology suitable for use at the POC, which comes anywhere close to achieving these results … I truly believe we have a blockbuster technology in the making.”
About Zenosense, Inc.
Zenosense Inc.’s primary focus, through its joint venture ownership in MIDS Medical Ltd., is the development of a cost-effective, hand-held Point of Care rapid cardiac diagnostic device, MIDS Cardiac™. Zenosense Inc. is also the holder of an exclusive global license agreement to develop and market effective medical devices for use in hospitals and primary healthcare settings targeting the early detection of both deadly bacteria and certain cancers in the exhaled breath of patients. For more information, visit the company’s website at www.ZenoSense.com.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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