Why invest in TesTBI?
In the ever-evolving field of healthcare, TesTBI stands as an innovative idea, poised to reshape the diagnostics industry. Why should you invest in TesTBI? Here's why:
- Pioneering
Innovation: TesTBI is a
breakthrough in the detection of Traumatic Brain Injury (TBI). In the world
lacking a reliable method for detecting mild
TBIs, Medicortex Finland Oyj and Fepod Oy Ltd decided to team up to offer a
competitive edge with their proprietary and innovative approach.
- Protected
by Patents: Our
groundbreaking biomarker is fully protected by patents. These patents not only
signify our commitment to innovation but also provide a solid foundation for
future market share. The biomarker is identified
in three clinical trials, which all
show that it is capable of telling the difference between a TBI case and a
healthy person.
- Addressing
a Critical Need: Recognizing
the pressing need for efficient diagnostic tools, TesTBI steps in to fill the
void. With almost 70 million new cases of TBI every year, TBI is a big problem. As undetected TBI can lead to severe
health issues, our test is a solution so many people have been waiting for.
- Expansive
Market Potential:
The brain injury diagnostics market is large and growing. The market has an
estimated value surpassing €3.3 billion by 2029, TesTBI is estimated to capture
a share of around 3 % of this market by 2029. This would mean sales of almost
100 million euros.
- Awards
and Recognition: Medicortex
has collected awards and recognition for its innovative approach, backed by
research funding from major players like the US Department of Defense's medical
research funds. This isn't just interest; it's a validation of our potential.
- Expert
Leadership: Behind
every successful venture is a team of seasoned leaders. Medicortex has a
management and board with extensive experience in biomarkers, diagnostics, pharmaceuticals, biotech, drug
development, GMP production, and manufacturing. Our Scientific and Clinical
Advisory Board adds another layer of expertise, ensuring that TesTBI is not
just groundbreaking but also meticulously crafted.
Investments will be used for development of the TesTBI diagnostic test.
- Development of an electrochemical test, TesTBI, will be done in collaboration with Fepod Oy Ltd. The test is intended for self-testing using a urine sample to diagnose mild TBI or concussion in a quantitative manner. Fepod’s core competence is offering end-to-end fast and reliable testing capability for different biomarkers.
- The
company has established working relations with Fepod in order to explore the possibility of developing TesTBI, a new test, which is based on specific recognition of Medicortex's proprietary biomarker present in urine following a head injury. The test device is easy to use, re-usable, non-invasive, portable, gives results rapidly, and can be used in both military and civilian environments (sports injuries, traffic accidents etc.).
* illustration only
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