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

to act on this issue, "Because of the highly variable quality of the meters and the glucose testing strips in widespread use, the safety of our patients who depend upon those meters is threatened."  

Pepex CEO, Steve Collins, offered, "We expect the company's game-changing biosensor technology, packaged within our easy to use, one-button blood glucose meter, to deliver the accuracy required to meet or exceed future FDA standards. Trio's unique sensor design minimizes operator technique which can lead to user errors and affect the accuracy of glucose readings."

Approximately 60% of diabetics interviewed for the research said they would definitely replace their current meters with the Pepex Trio for the new technology's accuracy and convenience benefits.  As a result, Frost & Sullivan estimates that Pepex has a significant 5 year revenue opportunity, in the blood glucose monitoring market segment.  In addition, the breakthrough electrochemical biosensors are applicable to a variety of additional markets outside of glucose.

Pepex is a privately held a medical device company specializing in the development, manufacturing, and marketing of disposable, miniaturized electrochemical biosensors.  The company protects its market opportunities with 64 patents which encompass a broad spectrum of proprietary technology including: sensor chemistry and architecture, wireless sensor communications and laser welding manufacturing processes.  Pepex biosensors are the heart of a pipeline of life altering products for medical diagnostics and intervention.  The company is led by a team of business and scientific professionals experienced in the biomedical field and populated by a development staff with a successful track record of delivering next generation biomedical devices to market.  For more information, please visit www.pepex.com.  

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SOURCE Pepex Biomedical, Inc.
Copyright©2010 PR Newswire.
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