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Frost & Sullivan Market Study Gives 'Thumbs Up' for Pepex™ Trio™ One-Click™ Blood Glucose Meter
Date:12/21/2010

ST. LOUIS, Dec. 21, 2010 /PRNewswire/ -- Research firm Frost & Sullivan, a leading international healthcare consulting company, released a market study analyzing and estimating the demand for Pepex Biomedical Inc.'s new biosensor technology for blood glucose monitoring for diabetes sufferers worldwide.  The researchers interviewed diagnosed diabetics, diabetes educators, endocrinologists, and manufacturers of biosensors, blood glucose meters, or other clinical diagnostic or patient monitoring equipment suppliers for the study.  The Frost & Sullivan report concluded that the Pepex Trio technology has the "potential as a new standard for measuring blood glucose levels."

The analysts noted three areas of opportunity for innovation in their review of diabetes monitoring:

  • Improved meter accuracy and reliability to assure proper insulin dosages
  • Ease of use for improved testing compliance
  • Reduction in the cost of the commonly used single-use disposable test strips

Additional needs are the users' desire for improved meter convenience, minimizing operator technique, increased speed of results and a compact meter size because many diabetics are required to carry their meters for around-the-clock testing.

Frost & Sullivan commented that, "Pepex is well-positioned to capitalize on (these needs) with a truly novel approach that may improve accuracy of readings and also provide other benefits to patients in terms of ease-of-use and lower costs."  This is important because, "Recently, the FDA petitioned the International Organization for Standardization to change the allowable error rate for BGMs, currently at plus or minus 20 percent, to be more accurate.  The wide error rate has been a concern for many years as it can leave patients vulnerable to hypo and hyperglycemic episodes." The American Association of Clinical Endocrinologists formally asked the FDA
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SOURCE Pepex Biomedical, Inc.
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