Analytica Announces Expansion of PeriCoach® Pelvic Health
Solution into China
Analytica Limited (ASX:ALT), the Australian manufacturer of the
PeriCoach pelvic floor exercise system for the treatment of stress
urinary incontinence, has entered into a joint venture (JV)
agreement to manufacture, distribute and market the system in
China, Macau, Hong Kong and Taiwan. Analytica partners with Hebei
NACOL Bio-Technology Co., Ltd (Nacol) and Shijiazhuang Biosphere
Pty Ltd (Biosphere), based in Hebei Province.
Nacol key shareholders include two highly
experienced Chinese medical manufacturing and distribution
companies, Heibei Aineng Biological Technology Co., Ltd and
Shijiazhuang YST Medical Supplies Co. Ltd.
The JV will register PeriCoach with the Chinese
Food and Drug Administration (CFDA) as a class II medical device.
With CFDA clearance, PeriCoach can become a prescription treatment,
initially covering the hospital network in the North China
area.
Expansion into China will support the
distribution of PeriCoach to both the rapidly growing postpartum
rehabilitation market and the early-stage preventative senior
market, as one in three women worldwide suffer from stress urinary
incontinence. The agreement furthers Analytica’s strategy to bring
PeriCoach into global markets, building upon growth in the Middle
East with partner Motion Egypt LLC, and pursuit of other partners
in North America, Europe and Southeast Asia outside of China.
PeriCoach is comprised of a medical device,
smartphone app and the PeriVault, the largest pelvic floor muscle
exercise database in the world. PeriCoach includes biofeedback
technique guidance technology that helps women correctly perform
pelvic floor exercises, also known as “Kegel” exercises, while the
device and app are being used. Real-world data from PeriCoach
patients1 shows that nearly 60% of women do not know how to engage
these hidden muscles when they first use the device. PeriCoach
technique guidance means “Kegels” can be done correctly and
confidently by any woman in the privacy of her own home.
A recent independent, peer-reviewed, randomized
controlled clinical trial2,3 performed at the University of New
Mexico and published in the Journal of Female Pelvic Medicine &
Reconstructive Surgery concluded that the PeriCoach biofeedback
system, with no formal instruction, is non-inferior and on par with
in-clinic pelvic floor physical therapy in a pelvic
floor centre of excellence, making this system the most
cost-effective4 form of treatment for stress and mixed urinary
incontinence. Watch Video Here.
A photo accompanying this announcement is
available
at: https://www.globenewswire.com/NewsRoom/AttachmentNg/1d7fc4b0-f47e-4dae-819d-b5db59eb359f
Currently manufactured in Australia, the new
PeriCoach manufacturing line for the Chinese market only is located
in the Shijiazhuang Free Trade Zone and will be listed as one of
the major projects in the free trade zone and high technology
zone.
PeriCoach will be distributed through the
existing extensive network of hospitals and postpartum
organisations serviced by the JV partners. The JV partners have
collaborated with a leading postpartum care service platform in
China with coverage of 100 cities and more than 30,000 clinical
professionals.
In China, 15 million babies are born each year.5
With the rapid development of the modern economy, the postpartum
rehabilitation industry has grown to 3.95bn yuan pa (US$608M) in
2018, with a compound annual growth rate of 43.9%.6
Furthermore, China, as with Western countries,
has an aging population among which 31% of older women experience
urinary incontinence, but only 25% of those currently seek medical
assistance.7 The JV sees a large public health opportunity for
conservative treatment of incontinence in women aged 50-70 years,
reducing the quality-of-life impact along with the longer-term
economic burden of aged-care.
The CEO of Aineng, Mr LanJu Xu, will
lead the JV and comments: “We have strong confidence in
Analytica’s R&D capabilities and do believe that Analytica and
Nacol can take advantage of each parties’ strengths from this Joint
Venture and achieve a win-win situation. Bringing together
Analytica’s leading technology and Nacol’s extensive industry
resources in China, we are looking forward to witnessing PeriCoach
enter this huge market.”
Mr Xu has a strong background in medical devices
and materials, including a track record of 17 class II medical
device approvals and completed clinical trials of two class III
medical devices. He is also the Team Lead for Key Research &
Development (R&D) Program of the Ministry of Science and
Technology in China, which is operated by four leading universities
and one of the top three hospitals in China. Additionally, Mr Xu is
the lead of the medical material R&D Center in Nankai
University.
Analytica Ltd Chairman, Dr Michael
Monsour, comments: “Entering the China market with such
nimble, experienced operators is a major milestone for Analytica.
China is leading the world in recognising the need for effective
postpartum care and is facing the challenge of caring for its large
aging population by using the PeriCoach system to assist women with
managing incontinence. PeriCoach is a proven cost-effective
solution that will dramatically improve quality of life and burden
of care for women. We look forward to the continued exploration of
our strategic options to expand the availability of PeriCoach
globally.”
Analytica has recently moved its Australian
manufacturing operations and is looking to re-establish online
sales in the US, UK/Ireland, Australia and New Zealand in the near
future. PeriCoach has USFDA 510(k) clearance, Australian ARTG
registration, and CE-marking.
For more information, please contact:
investorrelations@analyticamedical.com
For more information about the PeriCoach System,
visit: www.PeriCoach.com
For more information about Analytica,
visit: www.AnalyticaMedical.com
References
- Data on file.
- Analytica Announcement:
https://www.analyticamedical.com/downloads/2020/20201120-ASX-ALT-UoNM-FPMRS.pdf
- Barnes, Kara Lauren MD*; Cichowski,
Sara MD, FACOG, FPMRS†; Komesu, Yuko M. MD, FACOG, FPMRS*; Jeppson,
Peter C. MD, FACOG, FASC, FPMRS*; McGuire, Brenna MD*; Ninivaggio,
Cara S. MD, FPMRS*; Dunivan, Gena C. MD, FACOG, FPMRS* Home
Biofeedback Versus Physical Therapy for Stress Urinary
Incontinence, Female Pelvic Medicine & Reconstructive Surgery:
November 16, 2020 - Volume Publish Ahead of Print - Issue - doi:
10.1097/SPV.0000000000000993: https://journals.lww.com/jpelvicsurgery/Abstract/9000/Home_Biofeedback_Versus_Physical_Therapy_for.99288.aspx
- White Paper: Health Economics of
PeriCoach for Management of Stress Urinary Incontinence:
https://www.analyticamedical.com/downloads/2020/20201124-ASX-ALT-deWinterWhitepaper.pdf
- National Bureau of Statistics of
China:
https://data.stats.gov.cn/easyquery.htm?cn=C01&zb=A03060D&sj=2020
- Compound Growth: Overview of China's
postpartum rehabilitation equipment industry in 2019 (report code:
19RI0824) by leadleo Academy
- Che, X. Y., Wu, S. L., Chen, Y. K.,
Huang, Y. B., & Yang, Y. (2019). Beijing da xue xue bao. Yi xue
ban = Journal of Peking University. Health sciences, 51(4),
706–710.
https://doi.org/10.19723/j.issn.1671-167X.2019.04.019: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7433489/
About Analytica Limited
Analytica’s lead product is the PeriCoach® System –
an e-health treatment system for women who suffer Stress Urinary
Incontinence. This affects 1 in 3 women worldwide and is mostly
caused by trauma to the pelvic floor muscles as a result of
pregnancy, childbirth and menopause.
PeriCoach comprises a device, web portal and
smartphone app. The device evaluates activity in pelvic floor
muscles. This information is transmitted to a smartphone app and
can be loaded to a cloud database where physicians can monitor
patient progress via web portal. This novel system enables
physicians to remotely determine if a woman is performing her
pelvic floor exercises and if these are improving her condition.
Strengthening of the pelvic floor muscles can also potentially
improve sexual sensation or satisfaction and orgasm potential in
some women.
PeriCoach has regulatory clearance for urinary
incontinence in Australia and has CE mark and USFDA 510(k)
clearance.
PeriCoach also has clearance in Australia, and CE
Marking in Europe for the treatment of pelvic organ prolapse, a
condition that affects up to 1 in 5 women during their
lifetime.
Contact:Geoff Daly,
CEOinvestorrelations@analyticamedical.com
Analytica (ASX:ALT)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Analytica (ASX:ALT)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024