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Analytica Annual Update 2016; Successfully Raised $0.5m During Their SPP, Obtained US FDA Clearance & Chinese Patent Protection

  • Published January 31, 2017 4:42PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

Analytica’s lead product is the PeriCoach® System – an e-health treatment system for women who suffer Stress Urinary Incontinence. In 2016, Analytica successfully raised $0.5m during their SPP. Following on from this outstanding achievement, below is listed many more of the company’s triumphs:

  • Shares were issued at 0.255 cents per share
  • A further placement of $280,000, at the same price as the SPP, was allocated to non-related parties.
  • A further placement of $500,000 to INOV8 LLC at the same price as the SPP was issued.
  • At placement of $1 million to myself (M Monsour) at the price of 0.3cents was also announced subject to shareholder approval.
  • Approval for these placements was granted at the EGM in April this year.
  • July 2016 – obtained US FDA Clearance- PeriCoach Over-The-Counter.
  • August 2016 – Patent protection for the PeriCoach was granted for China.
  • Our Engineering department has prioritised development of PeriCoach Version 3.
  • AutoStart Burette listed on the Queensland Health purchasing schedule July 2016. Hospitals trialling this technology.
  • AutoStart Burette granted US Patent protection July 2016.
  • Medical Technology Association of Australia outstanding achievement award presented Ms Cornelius.

Analytica is currently capital raising for $1.442 million, funds raised under the Placement will be used for working capital and to roll out PeriCoach Version 3.

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