Medical Services International Begins Shipping VScan TB Test Kits to South Africa
October 31 2006 - 11:25AM
PR Newswire (US)
EDMONTON, Alberta, Oct. 31 /PRNewswire-FirstCall/ -- Medical
Services International Inc. (OTC:MSITF) is pleased to announce that
it has been requested to ship its VScan TB test kit to South Africa
for testing. The Company has already completed testing of its VScan
Tuberculosis (TB) in over 6 countries with excellent results. One
of the countries was the Republic of Ukraine where the National
Institute of Tuberculosis completed testing of the VScan TB test
kit with greater than 80% accuracy. Testing with regulatory
agencies completed in China showed an accuracy of 82%. There is no
other rapid test kit available on the market that has as high
diagnostic results. The VScan TB test kit is the only test
available that does not give false positives. The VScan TB test kit
only detects ACTIVE TB. It has been reported in a new report,
Diagnosis for Tuberculosis: Global Demand and Market Potential,
that a significant and largely untapped global market exists for
more effective and affordable tests to diagnose tuberculosis in low
and middle income countries where most TB cases occur today. The
report states that one third of the world's population is affected
with latent TB and at risk of developing the active disease. HIV is
fueling TB epidemics in many countries and a multi- drug resistance
is a growing threat. 1.7 million people a year die from TB, many
because the infection goes undiagnosed or is diagnosed too late to
be cured. The TB and HIV threat continues to grow in many parts of
the world. Of the estimated 9 million people who develop active TB
every year, most still do not receive a laboratory confirmed
diagnosis. The global market for TB diagnostics is more than twice
that of the market for drugs used to treat the disease. Between 70
- 90% of the potential available market for new TB diagnostics is
concentrated in 22 countries with the highest burden of TB. The
VScan TB test kit has been tested in 6 of these countries and is
awaiting regulatory approval. It has been approved in two countries
so far. The Company is doing testing of the VScan TB test kit in
another 11 of these countries. There has been significant interest
in the VScan TB test kit that tests for both TB and HIV at the same
time. The majority of recently developed tests serve sophisticated
laboratories in industrialized countries, where less than 5% of
global tuberculosis cases are found. "The world urgently needs new,
safe, affordable diagnostics to simplify case detection," said Dr.
Mario Ravglione, Director of WHO's Stop TB Department. "Despite
scientific progress that is rapidly changing other fields, most of
the world's TB patients have access only to conventional microscopy
which requires repeated testing, may miss half the cases, and which
works especially poorly for HIV co-infected patients." Large
markets also exist for point of care screening (clinics and health
posts) with a potential market of some 79 million patient
evaluations a year. The VScan TB test kit is ideally suited for
this market. Independent testing has shown the VScan TB test to be
the most accurate test for TB currently available. It only detects
active TB and gives no false positives. It is by far more accurate
than any other TB test on the market. As Medical Services obtains
regulatory approval in all the different countries that market for
the VScan TB test kit will be substantial. About VScan The VScan
rapid test kit is a single use, easy to use, test for the screening
of HIV 1&2, Hepatitis B&C, Tuberculosis (TB), Dengue Fever,
Malaria, West Nile, Syphilis and Prostate Cancer. The kits cannot
be sold in Canada. Medical Services International Inc. trades in
the United States on the NQB Pinksheets under the symbol "MSITF".
For further information, please contact Robert Talbot at (780) 430
6363 or http://www.medicalservicesintl.com/ or
http://www.minerva-biotech.com/ . NOTE: Certain statements in this
press release are "forward-looking statements" within the meaning
of the Private Securities Act of 1995. Such statements involve
known and unknown risks, uncertainties and other factors that may
cause results to differ materially. Such risks, uncertainties and
other factors include but are not limited to new economic
conditions, risk in product development, market acceptance of new
products and continuing product demand, level of competition and
other factors described in Company reports and other filings with
regulatory bodies. DATASOURCE: Medical Services International Inc.
CONTACT: Robert Talbot of Medical Services International Inc.,
+1-780-430-6363 Web site: http://www.medicalservicesintl.com/
http://www.minerva-biotech.com/
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