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Medmira ( (TSE:MIR) ) has provided an update.
MedMira Inc. has received investigational testing authorization from Health Canada to commence clinical trials for its Multiplo® Complete Syphilis (TP/nTP) Antibody Test. This innovative test, which offers a combined screening and confirmation process in under three minutes, represents a significant advancement in syphilis diagnostics. The clinical trials, funded by the Canadian Institute of Health Research and Indigenous Services Canada, will be conducted by REACH Nexus at the MAP Centre for Urban Health Solutions. The authorization is a critical step towards licensing the test in the Canadian market, addressing the urgent need for improved syphilis detection amid rising infection rates in Canada. The Multiplo® TP/nTP test promises to alleviate financial pressures on healthcare systems by providing a cost-effective and rapid diagnostic tool, enhancing the ability of healthcare providers to manage syphilis cases efficiently.
More about Medmira
MedMira Inc., a company listed on the TSX Venture Exchange under the symbol MIR, operates in the healthcare diagnostics industry, focusing on rapid testing solutions. Its primary product offerings include the Multiplo® Complete Syphilis (TP/nTP) Antibody Test, which provides quick and accurate syphilis diagnostics by detecting both active and past infections.
YTD Price Performance: 13.64%
Average Trading Volume: 91,140
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$94.79M
Learn more about MIR stock on TipRanks’ Stock Analysis page.
