Zomedica Announces Initiation of a Digital Data Platform Enhancing its Diagnostic Pipeline
17 Juillet 2019 - 12:55PM
Zomedica Pharmaceuticals Corp. (NYSE American: ZOM) (TSX-V: ZOM), a
veterinary diagnostic and pharmaceutical company, announced it has
initiated the development of a digital customer data platform to
enhance customer experience and its diagnostic pipeline.
Development efforts are focused on providing veterinarians
access to diagnostic test result data and insights into patterns of
disease across animal populations. The platform is also intended to
support veterinary teams with clinically relevant business
services, including inventory management and key performance
metrics reporting. Zomedica believes that the data provided through
the platform will enable it to provide valuable insights from its
entire pipeline of diagnostic testing assays to veterinary care
teams, with the potential to improve the standard of care and
patient outcomes.
The digital platform is being designed to seamlessly integrate
with all of its platforms beginning with TRUFORMA™, Zomedica’s
first to market, point-of-care biosensor platform. Zomedica
believes that the combination of rapid, accurate adrenal (cortisol
and endogenous ACTH) and thyroid (total T4, free T4, and TSH) test
result data with advanced analysis should improve clinical care and
hospital efficiency.
“We believe that the ability to quickly and thoroughly analyze
patient test results with a tool that personalizes the analysis to
your patient will significantly enhance patient care,” said Dr.
Stephanie Morley, Chief Operations Officer and Vice President of
Product Development. “As a clinician, confidence in your diagnosis
is key to assisting the veterinary care team in making treatment
recommendations faster, resulting in more positive outcomes for
patients, and pet owners.”
Zomedica believes that access to clinically relevant data has
the potential to improve the standard of care, pet owner
experience, and patient care. Zomedica intends to seek potential
partnerships within the animal health and technology sectors to
develop integrated solutions to elevate veterinary medicine and
enhance the capabilities of its digital platform.
Zomedica anticipates launching its digital platform in Q1 2020
upon its product launch.
About ZomedicaBased in Ann Arbor,
Michigan, Zomedica (NYSE American: ZOM) (TSX-V: ZOM) is a
veterinary diagnostic and pharmaceutical company creating products
for companion animals (canine, feline and equine) by focusing on
the unmet needs of clinical veterinarians. Zomedica’s product
portfolio will include novel diagnostics and innovative
therapeutics that emphasize patient health and practice health.
With a team that includes clinical veterinary professionals, it is
Zomedica’s mission to give veterinarians the opportunity to lower
costs, increase productivity, and grow revenue while better serving
the animals in their care. For more information, visit
www.ZOMEDICA.com.
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Forward-looking Statements Except for
statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable
securities law. Forward-looking information is frequently
characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or
"will" occur. Although we believe that the expectations reflected
in the forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. We
cannot guarantee future results, performance or achievements.
Consequently, there is no representation that the actual results
achieved will be the same, in whole or in part, as those set out in
the forward-looking information.
Forward-looking information is based on the opinions and
estimates of management at the date the statements are made, and
are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ
materially from those anticipated in the forward-looking
information. Some of the risks and other factors that could cause
the results to differ materially from those expressed in the
forward-looking information include, but are not limited to: risks
related to our ability to successfully complete the development of
the TRUFORMA™ platform, uncertainty regarding our ability to
develop assays that provide results as reliable as those provided
by existing reference laboratory equipment, risks related to the
marketing the TRUFORMA™ platform, uncertainty as to whether our
strategies and business plans will yield the expected benefits;
uncertainty as to the timing and results of development work and
pilot and pivotal studies, uncertainty as to the likelihood and
timing of regulatory approvals, availability and cost of capital;
the ability to identify and develop and achieve commercial success
for new products and technologies; the level of expenditures
necessary to maintain and improve the quality of products and
services; changes in technology and changes in laws and
regulations; our ability to secure and maintain strategic
relationships; risks pertaining to permits and licensing,
intellectual property infringement risks, risks relating to future
clinical trials, regulatory approvals, safety and efficacy of our
products, the use of our product, intellectual property protection
and the other risk factors disclosed in our filings with
the Securities and Exchange Commission. Readers are cautioned
that this list of risk factors should not be construed as
exhaustive.
The forward-looking information contained in this news release
is expressly qualified by this cautionary statement. We undertake
no duty to update any of the forward-looking information to conform
such information to actual results or to changes in our
expectations except as otherwise required by applicable securities
legislation. Readers are cautioned not to place undue reliance on
forward-looking information.
Investor Relations Contact: Shameze Rampertab,
CPA, CA srampertab@zomedica.com +1 647.283.3630PCG Advisory Group
Kirin Smith, COO ksmith@pcgadvisory.com +1
646.863.6519Media Contact: Christy
Penkacpenka@zomedica.com+1 734.369.2555
Zomedica Pharmaceuticals (TSXV:ZOM)
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