MyHealthchecked (MHC)

Sector:

Health Care

Index:

FTSE AIM All-Share

11.13p
   
  • Change Today:
    -0.13p
  • 52 Week High: 15.00
  • 52 Week Low: 8.50
  • Currency: UK Pounds
  • Shares Issued: 52.01m
  • Volume: 0
  • Market Cap: £5.79m
  • RiskGrade: 796
  • Beta: 0.14

Concepta receives CE-Mark certification for 'myLotus' product

By Josh White

Date: Monday 29 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Healthcare company Concepta has received CE-Mark certification for its 'myLotus' branded products for women's fertility, it announced on Monday.
The AIM-traded firm said that, given the "stringent regulatory environment" for diagnostics, CE certification was a "major milestone" enabling it to sell its fertility test device 'myLotus' in the UK market, and subsequently across CE-Mark territories.

It said myLotus allowed women the ability to self-test to identify their optimal fertile days, thereby improving their chances of naturally getting pregnant.

The product enabled women to monitor their fertile phase as part of their menstrual cycle, and was said to be the only home test to "quantitatively" measure personalised hormone levels and the 'rate-of-change' of those levels preceding ovulation, to help aid a natural conception.

Users measured, recorded and tracked their hormone levels and followed their fertility journey in an accompanying free downloadable app.

The company said it expected to launch its new fertility products under the brand name 'myLotus', with initial demand serviced via its new online retail platform and website.

Concepta said the product would be available to women who were planning to start a family, or for those who had previously struggled to naturally conceive, enabling couples an alternative prior to considering more costly IVF treatment.

"Following several years of diligent work by our technology team, study doctors and trial users we are delighted to receive CE-Mark certification for our first myLotus products," said Concepta chairman Matthew Walls.

"Novel self-test diagnostics for home-use is a highly regulated field of healthcare and this is a fabulous and eagerly awaited endorsement for the company.

"Importantly, the certification signals our drive to help improve the chances of women naturally getting pregnant and our preparations for the launch of myLotus in the UK and other CE-Mark territories."

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MHC Market Data

Currency UK Pounds
Share Price 11.13p
Change Today -0.13p
% Change -1.11 %
52 Week High 15.00
52 Week Low 8.50
Volume 0
Shares Issued 52.01m
Market Cap £5.79m
Beta 0.14
RiskGrade 796

MHC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
0.69% below the market average0.69% below the market average0.69% below the market average0.69% below the market average0.69% below the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
10.36% above the market average10.36% above the market average10.36% above the market average10.36% above the market average10.36% above the market average
40.54% above the sector average40.54% above the sector average40.54% above the sector average40.54% above the sector average40.54% above the sector average
Income Not Available
Growth
7.9% below the market average7.9% below the market average7.9% below the market average7.9% below the market average7.9% below the market average
16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average16.67% above the sector average

MHC Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

MHC Key Personnel

CEO Penelope McCormick
CFO Lesley Innes

Top of Page