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CPT Concepta Plc

1.98
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Concepta Plc LSE:CPT London Ordinary Share GB00BYZ2R301 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.98 1.90 2.20 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Concepta PLC Concepta pre-launch myLotus in the UK

29/03/2018 7:02am

RNS Non-Regulatory


TIDMCPT

Concepta PLC

29 March 2018

29 March 2018

Concepta plc

("Concepta" or the "Company")

Concepta pre-launch myLotus in the UK

Concepta plc (AIM: CPT) the UK healthcare company and developer of a proprietary product targeted at the mobile health market with a primary focus on women's fertility, is pleased to announce that it showcased its myLotus products at the Manchester Fertility Show on 24 and 25 March 2018.

Concepta announced the forthcoming launch of its myLotus products in the UK at the event which was attended by 53 specialised fertility exhibitors and approximately 1,200 people with fertility issues. The Company is currently in the final stages of the CE-marking process for myLotus and the product is expected to be available in the UK in H2 2018, once the final audit by the British Standards Institution

("BSI") is complete.

The myLotus website www.mylotus.com is now live and the Company's pre-launch digital marketing strategy has commenced. The consumer twitter page for myLotus is now active at www.twitter.com/myLotusMonitor.

Erik Henau, CEO of Concepta commented: "The event was a great success and consumer feedback has been excellent, with many women and fertility support groups registering to be kept updated on the launch date of myLotus products in the UK.

"Having launched our myLotus website, our focus is now on driving marketing and raising further awareness of Concepta and myLotus products in our home market, in anticipation of its launch in the latter half of the year."

Enquiries:

The Company

Erik Henau

CEO

Tel: +44 (0) 1234 866601

SPARK Advisory Partners Limited (Nomad)

Neil Baldwin / Mark Brady

Tel: +44 (0)20 368 3550

NOVUM Securities Limited (Broker)

Colin Rowbury

+44 (0) 20 7399 9400

Yellow Jersey (Financial PR)

Georgia Colkin / Joe Burgess / Katie Bairsto

Tel: +44 (0) 776 932 5254

Notes to Editors

Concepta Plc

Concepta plc is an AIM-quoted pioneering UK healthcare company that has developed a proprietary product, myLotus, targeted at the personalised mobile health market with a primary focus on unexplained infertility in women.

myLotus is currently the only consumer product which allows both quantitative and qualitative measurements of a woman's personal LH and human chorionic gonadotropin (hCG) hormone levels in a home test, facilitating higher conception rates and early diagnosis of issues with fertility hormones. The proposition of myLotus is to help women conceive naturally.

Concepta has made significant progress recently, establishing agreements with a number of distributors in China where myLotus has been given cFDA approval. Concepta is initially targeting the traditional route to market in China through Chinese hospitals and plans to add the direct-to-consumer route in the near future.

The Company is also well on its way to achieving CE-marking and commencing its direct-to-consumer launch in the UK and Europe in H1 2018. The Company has identified a significant global market opportunity, with revenue potential of the Chinese and EU unexplained infertility market estimated to be worth c.GBP600m per annum.

Unexplained infertility refers to women that have been unable to conceive after 6 months of trying. This highly motivated

target group of consumers won't typically be offered medical intervention until 12 months of unsuccessfully trying, with IVF not offered until two years. Research indicates couples start to take positive action ahead of this time and there is little medical support to help them do so.

About RNS Reach announcements

RNS Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases such as marketing messages, corporate and product information into the public domain. An RNS Regulatory announcement is required to be notified under the AIM Rules for Companies.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAEAFDPALXPEFF

(END) Dow Jones Newswires

March 29, 2018 02:02 ET (06:02 GMT)

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