MedMira Completes Registration in United Arab Emirates
April 28 2005 - 1:55PM
PR Newswire (US)
MedMira Completes Registration in United Arab Emirates Health
Ministry Approves Rapid HIV and HCV Tests for Sales to Government
Facilities HALIFAX, April 28 /PRNewswire-FirstCall/ -- MedMira
Inc., ("MedMira") (TSX Venture: MIR, NASDAQ: MMIRF) the global
market leader in rapid flow-through diagnostic technology,
announced today that it has successfully completed the registration
process with the Ministry of Health in the United Arab Emirates
(UAE). This registration enables MedMira to participate in
government tenders and sell its rapid HIV and Hepatitis C tests to
government healthcare facilities, where 70% of all HIV and
Hepatitis C testing is conducted in the UAE. MedMira and its
distributor, Prestige Group (part of the US$4.5 billion Al Jaber
Group of Establishments), have established a solid position in the
Middle East's private healthcare sector with sales of the
MiraWell(TM) Rapid HIV Test and MiraWell(TM) Rapid HCV Test.
MedMira's rapid tests are the fastest flow-through diagnostic tests
in the world, providing results in 3 minutes. Rapid diagnostic
tests present significant value in the UAE market, where
expatriates make up 80% of the population and must be tested for
HIV every two years as part of the visa renewal process. Giles
Crouch, Vice President of Marketing and Business Development with
MedMira said, "We worked closely with Prestige Group to quickly
advance through the registration process and qualify MedMira's
products for government tenders. This strong working relationship
and our distributor's continued commitment to the MedMira product
portfolio will further increase our presence and leadership
position in this important market." Crouch added, "We expect to
expand this market in the near future by introducing the first
over-the-counter (OTC) rapid HIV test to the Middle East market."
The World Health Organization (WHO) estimates that approximately
83,000 people were newly infected with HIV in the Middle East
region in 2003 and that about 0.3 percent of adults in the region
are currently infected. With an estimated 200 million people
worldwide infected with hepatitis C, and some 40% of those with HIV
being co-infected with hepatitis C, the combination of MiraWell(TM)
Rapid HIV Test and MiraWell(TM) Rapid HCV Test will play a critical
role in the Middle East healthcare system. About MedMira MedMira is
the leading global manufacturer and marketer of in vitro
flow-through rapid diagnostic tests for the clinical laboratory
market. MedMira's tests provide reliable, rapid diagnosis in just 3
minutes for the detection of human antibodies in human serum,
plasma or whole blood for diseases such as HIV. The United States
FDA and the SFDA in the People's Republic of China have approved
MedMira's Reveal(TM) G2 and MiraWell(TM) Rapid HIV Tests,
respectively. MedMira's Reveal(TM) G2 and MiraWell(TM) rapid HIV
tests are currently used in clinical laboratories and hospitals
where professional counselling and patient treatment are
immediately available. The MiraCare(TM) Rapid HIV Antibody Test is
available over-the-counter (OTC) in pharmacies throughout the Hong
Kong and Macao Special Administrative Regions, in the People's
Republic of China. MedMira markets its rapid tests worldwide in
such countries as the United States, Canada, South Africa and
China. Its corporate offices and manufacturing facilities are
located in Halifax, Nova Scotia, Canada with a representative
office in Beijing, China. This news release contains
forward-looking statements, which involve risk and uncertainties
and reflect the company's current expectation regarding future
events. Actual events could materially differ from those projected
herein and depend on a number of factors including, but not limited
to, changing market conditions, successful and timely completion of
clinical studies, uncertainties related to the regulatory approval
process, establishment of corporate alliances and other risks
detailed from time to time in the company quarterly filings. The
TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this statement. For
more information visit MedMira's website at
http://www.medmira.com/. DATASOURCE: MedMira Inc. CONTACT: Dr.
James Smith, Investor Relations, Tel: (902) 450-1588, E-mail:
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