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Mainz Biomed (NASDAQ: MYNZ) Announces Positive Topline Results From Cancer Detection Studies, Including 92% Sensitivity Rate

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5 months ago

on

–News Direct–

By James Blacker , Benzinga

Mainz Biomed NV (NASDAQ: MYNZ), a company that specializes in the early detection of cancer, recently shared encouraging topline results from a clinical study designed to test the next-generation version of its colorectal cancer screening tool, ColoAlert.

The company recently unveiled compelling findings from its most expansive group to date at the 2024 Annual Meeting of the American Society of Clinical Oncology (ASCO) in Chicago, Illinois, as well as virtually. The comprehensive examination consisted of 690 participants from 30 reputable gastroenterology facilities in Europe and the United States, and introduced previously unexplored and unreported specimens.

The results underscored the effectiveness of Mainz Biomed's multimodal screening test, marking significant advancements in colorectal cancer detection. Notable figures include a sensitivity of 92.3% for colorectal cancer, a specificity of 90.1%, a sensitivity rate of 82.2% for advanced precancerous lesions, and an impressive high-grade dysplasia detection rate of 95.8%.

With the success of this study, Mainz Biomed now plans to move forward with a major clinical trial in the U.S., which will involve up to 15,000 participants. If this next trial produces positive results, the company says its next-generation tool has the potential to disrupt the at-home colorectal cancer screening market by becoming a new gold standard.

The new data read-out demonstrates that our next generation product candidate for early-stage CRC detection utilizing mRNA biomarkers, a FIT test and a proprietary AI algorithm has consistently delivered high sensitivity and specificity for both advanced adenomas and colorectal cancer, said Guido Baechler, CEO of Mainz Biomed, These results represent a critical milestone on our path to launching our FDA PMA pivotal study ReconAAsense, which is planned to recruit up to 15,000 patients.

Why Early Detection Matters

According to the American Cancer Societys latest publication, the incidence of colorectal cancer has increased alarmingly since the mid-1990s, continuing to rise between 1% and 2% each year in people under the age of 55. Since the mid-2000s, the mortality rate among young people has increased at a similar rate.

Colorectal cancer is the third most common cancer worldwide and the second leading cause of cancer-related deaths worldwide. However, it is also the most preventable, with early detection leading to survival rates above 90%.

About Mainz Biomed

Founded in Germany, Mainz Biomed is becoming a leading global provider of easy-to-use diagnostic solutions for patients and healthcare providers everywhere. The company develops market-ready molecular genetic diagnostic solutions for life-threatening conditions. It is involved in the commercializing of its product portfolio in Europe, the United States and the rest of the world, and develops innovative products to quickly and reliably identify the early onset of several leading deadly conditions such as pancreatic cancer and colorectal cancer.

The company reports that its CE-IVD-cleared flagship product, ColoAlert, is the first DNA-based screening test for colorectal cancer in Europe, and that it is developing proprietary genetic testing methods for pancreatic cancer.

For 2023, the company earned revenues of $895,479, which compared to revenues of $529,877 in 2022.

What Sets ColoAlert Apart

In a market with established players such as Cologuard from Exact Sciences Corporation (NASDAQ: EXAS), ColoAlert stands out as an innovative product that addresses the need for a convenient and user-friendly test.

Mainz Biomed claims that ColoAlert is not only more effective than traditional blood tests at detecting precancerous polyps early but also detects more cases of colorectal cancer than other stool tests.

As Mainz Biomed plans its upcoming major trial in the U.S., the company could be one to watch as a force in the fight against cancer.

More information about the company can be found at mainzbiomed.com.

Featured photo by Gerd Altmann on Pixabay.

Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.

This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.

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Benzinga

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View source version on newsdirect.com: https://newsdirect.com/news/mainz-biomed-nasdaq-mynz-announces-positive-topline-results-from-cancer-detection-studies-including-92-sensitivity-rate-211982546

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Bitboard Coin Announces First Beta Service Launch After Development Completion

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26 mins ago

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October 23, 2024

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Mahe, Seychelles, 23rd Oct 2024 – Bitboard (BB) Coin has completed the development of its core services and launched a beta service on its own test network, Testnet, before its official launch on the Polygon Network. The beta service, accessible at w.bitboard.in, is open for anyone to test. Various tests are planned to provide a more refined service by the official launch in early 2025, including making the beta test service publicly available.

Users can vote and stake using the following public wallet address:
Test public wallet address 12-word passphrase: *remove person dismiss dial flush pull predict disease casual head novel hood*

Sending more than five coins and voting more than five times is prohibited. To participate in voting, select BB in the public wallet, choose the transfer menu, and then select login at the bottom.

About Bitboard (BB) Coin
Bitboard (BB) Coin is an innovative project that combines blockchain technology with the entertainment industry and fandom culture, offering a new experience to fans worldwide. BB Coin goes beyond the typical functions of cryptocurrency by providing a unique platform where fans can interact with their favorite stars and receive rewards. 

Bitboard (BB) Coin was listed on the MEXC exchange on September 17, 2024, allowing users worldwide to trade it. This listing is expected to enhance BB Coin’s liquidity and recognition, marking a significant milestone for its global market expansion.

Fandom-Based Voting System
Bitboard Coin provides a new entertainment experience for both existing cryptocurrency users and the general public, even those unfamiliar with cryptocurrencies. Fans can vote for their favorite stars using BB Coin, and the coins used for voting can be reclaimed along with profits. This increases fan engagement and maximizes the utility of the coin.
Fans can vote for their favorite stars using BB Coin, and the coins used for voting are not consumed, allowing them to be reclaimed along with profits at any time. Additionally, fans can track the real-time rankings of stars through the “Bitboard Chart,” which displays live voting results.

Reward Mechanism
Fans can earn profits based on the ranking of the stars they vote for. The higher the ranking, the greater the profits, encouraging active participation. This reward structure emphasizes the role of fans not only as consumers but also as participants who can earn real rewards.

Global Fandom Connection
Bitboard focuses on building a global fandom ecosystem that connects fans worldwide. This platform allows fans to communicate across borders, share creative works, and get closer to their favorite stars. Fans can use BB Coin to create and expand their own digital fandom space in the global fandom world.

To learn more about Bitboard Coin, visit: https://bitboard.top/

Media Contact

Organization: Bitboard Coin

Contact Person: Hoon Lee

Website: https://bitboard.top/

Email: Send Email

City: Mahe

Country: Seychelles

Release Id: 23102418821

The post Bitboard Coin Announces First Beta Service Launch After Development Completion appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Kazakhstan has been selected as a Top Country within Lonely Planet’s Best in Travel 2025 list

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41 mins ago

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October 23, 2024

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Astana, October 23, 2024 — Lonely Planet, a leading international travel media, has named Kazakhstan as one of the best countries to visit in its annual Best in Travel 2025 rankings.

Each year, Lonely Planet’s experts carefully select the destinations based on recommendations from travelers, staff, writers, and other industry professionals. In 2025, Kazakhstan was chosen for its rich history, diverse landscapes, and unique cultural heritage, setting it apart from other countries.

Nitya Chambers, Senior Vice President of Content and Executive Editor at Lonely Planet, noted: “Best in Travel 2025 is the latest edition of Lonely Planet’s annual love letter to the world. While mindful of our responsibilities and impact as travelers, we’re proud of the destinations, journeys and experiences featured here, and are excited to share the local expertise and insight at the heart of these recommendations. Wherever you are in the world, we’re confident Best in Travel brings fresh inspiration for the year ahead.”

Yerzhan Yerkinbayev, Vice-minister of Tourism and Sports of the Republic of Kazakhstan welcomed this recognition, stating: “Kazakhstan’s inclusion in Lonely Planet’s Best in Travel 2025 highlights the country’s growing appeal as a travel destination and opens new opportunities for promoting its unique cultural and natural heritage on the global stage. Kazakhstan, with its bold approach, continues to develop sustainable tourism. We are committed to offering visitors authentic experiences that showcase the true essence of Kazakhstan’s heritage.”

Kazakhstan, which earned a place on this prestigious list, is described as a country where ancient traditions blend with modernity, offering something unique for every visitor. In the Lonely Planet publications, it states: “Kazakhstan is not just a place to visit; it’s a world to enter, a journey to undertake and a story to become a part of, with ghosts from the Silk Road whispering across the vast steppes that surround Kazakhstan’s cities still uncrowded by tourists.” Make modern Astana, which is the capital of the country, your starting point for a Kazakh adventure, and then roam the rough, wild mountains and steppe in Burabay resort, visiting ancient trading towns as Turkistan, dive into Caspian Sea and complete your journey in Almaty, gastronomy hotspot of Central Asia”.

Best in Travel is a landmark event for the global travel community, showcasing the most exciting and inspiring destinations for exploration. In 2025, the annual ranking celebrates its 15th edition, with a focus on countries and regions that offer unique experiences and demonstrate a commitment to sustainable tourism principles.

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BYDFi to List GOAT Token, Exclusive Rewards for New Traders

Published

3 hours ago

on

October 23, 2024

By

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BYDFi, one of Forbes’ top 10 Crypto Exchanges, has announced the listing of Goatseus Maximus (GOAT) .

Celebrating this new listing, BYDFi is offering exclusive, limited-time rewards to both new and existing traders: share 2,000 USDT bonus + 1,000 GOAT!

Full details about these rewards and how to qualify are available on [official announcement].

What is Goatseus Maximus (GOAT)?

Goatseus Maximus (GOAT), the first meme coin on the Solana blockchain managed by an artificial intelligence known as “Truth of Terminal,” is breaking new ground in the world of digital assets. With a significant investment from Marc Andreessen(co-founder of a16z), GOAT has gained notable backing that highlights its potential to reshape the digital economy. The token is currently trading at $0.4316/ token with an impressive market capitalization of $432,79M. Despite its recent launch in the crypto market just a few days ago, Goatseus Maximus has quickly become the talk of the crypto town. One reason is that its coin price has surged 10,000 times in the past five days.

About BYDFi

Established in 2020, BYDFi is a top-tier crypto exchange recognized by Forbes and trusted by millions of users worldwide. Endorsed by CoinMarketCap and CoinGecko, it is known for its professionalism, innovation, and exceptional security. The platform offers more than 600 cryptocurrencies for spot trading and advanced options like 200x leverage on perpetual contracts. BYDFi prioritizes user security, provides 0% trading fees, and facilitates easy crypto purchases in partnership with Banxa, Transak, and Mercury. Its wide range of trading tools enhances the trading experience and makes BYDFi an ideal choice for crypto traders worldwide.

Contact:

BYDFi Media Manager

Chloe@bydfi.com

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