Saving Lives With Faster, Easier, and More Effective Cancer Screening
Learn how this company's cancer screening solutions could take over a $3.7 billion market.
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Mainz Biomed - 4 Key Reasons To Get This Potentially Undervalued Idea On Your Radar ASAP
- The Company’s Flagship Product (ColoAlert) Could Become An Inexpensive Alternative In A $3.7 Billion Market.
- The Company Recently Acquired Exclusive Rights To Novel mRNA Biomarkers .
- If And When The Company Receives FDA Premarket Approval For Its ColoAlert Flagship Product, It Could Become A Game-Changing Milestone.
- Another Key Pipeline Product Could Detect What May Become The World’s Second Most Deadly Cancer
Cancer is never fun to talk about...
The chances of it impacting either yourself, your family, or your friends appears to be growing on a yearly basis.
Though types like breast, lung, and prostate cancer are typically the most talked about, they’re not the only forms out there.
What do you know about colorectal cancer? Did you know it is the second most lethal form of cancer in the United States?
Good news is, it is highly preventable with early detection providing 5- year survival rates above 90%.
How Does Colorectal Cancer Develop?
Colorectal cancer often develops from polyps.
These are initially benign cell clusters that occur in many people. However, the cells of the polyps can undergo genetic changes, causing the cells to mutate and become precursors of colorectal cancer called adenomas.
The classification of colorectal cancer stages is often based on the so-called Dukes Stages:
Which Screening Options Are Available?
There are two options to screen for colorectal cancer, a colonoscopy and an occult blood test. Colonoscopies are invasive, expensive, and may occasionally cause injury or miss seeing smaller polyps.
ColoAlert, Mainz Biomed's flagship product, combines the advantages of both methods.
Through the analysis of tumor DNA, ColoAlert detects significantly more cases of colorectal cancer than other stool tests and allows for an earlier diagnosis in those affected – all in a simple at-home stool test!
Simple, Fast, Accurate and Non-Invasive
- A PCR-based CRC early detection stool test
- Up to 60% fewer missed cases compared to fecal immunochemical test (FIT)
- Non-invasive, no preparation or sedation, no time off work
- 98% patient satisfaction – Easy product to use
- Designed to offer affordable CRC screening solution
Patients receive a simple kit that includes instructions, a stool collector and shipping instructions to return the kit through regular mail to their local lab for testing and results. It's that easy.
ColoAlert Market Opportunity
Recent FDA decisions suggest that screening should be conducted once every three years starting at age 45.
Currently, there are 112 Million Americans aged 50+, a total that is expected to increase to 157 million within 10 years.
- 37 Million Tests per year in the US estimated potential: 112M pop. ÷ 3 (years) at 100% compliance
- 52 Million Tests per year within 10 years estimated potential: 157M pop. ÷ 3 (years) at 100% compliance
- 19 Million Colonoscopies each year in USA
~38.8% Age 50 to 75 have never been screened (in USA
- $3.7 Billion Market Opportunity
Mainz Biomed: Strategic Rollout
The company aims to become the leading global brand for CRC detection through extensive US and European market partnerships.
THE COMPETITION’S APPROACH…
The largest U.S. provider independently markets and distributes its product directly. All nationwide samples must come from, and be returned to, a single corporate laboratory – a time-consuming process.
MAINZ BIOMED’s APPROACH…
Mainz BioMed intends to develop and leverage scalable dissemination through a collaborative partner program.
PARTNERSHIPS: Large lab chains incentivized to support sales & marketing efforts to physician clients & consumers.
RELATIONSHIPS: Established regional and national labs offer existing client relationships (i.e.: physicians, clinics, hospitals, universities, government institutions, health organizations, etc).
PROFITABILITY: ColoAlert is designed for profitability, rapid commercial uptake, and broad consumer acceptance.
PROTECTION: Mainz BioMed protects its intellectual property through trade secrets to control all critical reagents, processes and formulations.
Why Mainz Biomed May Have Outrageous Potential
At this moment, Exact Sciences, the makers of ColoGuard, offers the only other competitive product using similar technology.
Other sector companies promote testing for CRC but are using standard tests like FIT or occult blood testing.
Currently, Exact Sciences (Nasdaq: EXAS) has a market cap of ~$14.4 billion (as of 2/10/22).
With such little competition in the market, can you see why Mainz Biomed (Nasdaq: MYNZ) could be extremely undervalued at this moment?
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Game-Changing 2022 Announcement: Mainz Biomed Acquires Exclusive Rights to Novel mRNA Biomarkers
Potential for ColoAlert to Emerge as the Most Robust and Accurate At-home Screening Test for Colorectal Cancer
Biomarkers Demonstrated Unique Ability to Identify Curable Precancerous Colonic Polyps as well as Curable Early-Stage Colorectal Cancer
BERKELEY, Calif. and MAINZ, Germany, Jan. 05, 2022 (GLOBE NEWSWIRE) — Mainz Biomed N.V. (NASDAQ:MYNZ) (“Mainz Biomed” or the “Company”), a molecular genetics diagnostic company specializing in the early detection of cancer, announced today it has entered into a Technology Rights Agreement with Socpra Sciences Santé Et Humaines S.E.C. (“TTS”) to access a portfolio of novel mRNA biomarkers for potential future integration into ColoAlert, the Company’s highly efficacious, and easy-to-use detection test for colorectal cancer (“CRC”).
Mainz is currently marketing ColoAlert in Europe through its unique business model of partnering with third-party laboratories for test kit processing versus the traditional methodology of operating a single facility. The Company is also preparing to initiate ColoAlert’s regulatory pathway for approval in the United States.
Under the terms of the Technology Rights Agreement, the Company has the unilateral option to license the exclusive global rights to five gene expression biomarkers which have demonstrated a high degree of effectiveness in detecting CRC lesions including advanced adenomas (“AA”), a type of pre-cancerous polyp often attributed to this deadly disease.
In a study evaluating these biomarkers published in the online peer review journal platform MDPI (March 11, 2021), study results achieved overall sensitivities of 75% for AA and 95% for CRC, respectively, for a 96% specificity outcome.
If these statistical results are duplicated when the biomarkers are integrated into ColoAlert, we believe that it will ultimately position the Company’s CRC test to be the most robust and accurate at-home diagnostic screening test on the market. It will not only detect cancerous polyps with a high degree of accuracy but has the potential to prevent CRC through early detection of precancerous adenomas.
The Company will now commence a clinical study in Europe to evaluate the effectiveness of these biomarkers to enhance ColoAlert’s utility in terms of extending its capability to include the identification of advanced adenomas, while increasing rates of diagnostic sensitivity and specificity.
Given ColoAlert in its present form has already been CE-IVD marked (complying with EU safety, health and environmental requirements), the timeline and process to initiate this “add-on” study is expedited, and the company is targeting the first half of 2022 to launch the clinical study. Furthermore, data generated by the study may potentially be incorporated into the Company’s design of ColoAlert’s U.S. clinical trial for consideration by the FDA.
And Here’s Why That Last Sentence Is So Important…
If the FDA grants premarket approval for ColoAlert, it could become a significantly cheaper alternative to ColoGuard, the product from Exact Science (~$14 Billion market cap).
Another Market Opportunity For Mainz Biomed ? You Better Believe It
As GenX individuals age into their 40’s and 50’s they become part of the age group recommended to begin testing for CRC and more.
Mainz BioMed is currently developing proprietary genetic testing methods for pancreatic cancer.
Sources
Source 1: https://mainzbiomed.com/wp-content/uploads/2021/07/Mainz-BioMed-Corporate-Update-January-2022-v1.13.21-1.pdf
Source 2: https://www.cancer.org/cancer/colon-rectal-cancer/about/key-statistics.html
Source 3: https://www.coloalert.com/pages/about-crc
Source 4: https://www.prb.org/resources/u-s-population-is-growing-older/
Source 5: https://idataresearch.com/an-astounding-19-million-colonoscopies-are-performed-annually-in-the-united-states/
Source 6: https://idataresearch.com/an-astounding-19-million-colonoscopies-are-performed-annually-in-the-united-states/
Source 7: https://finance.yahoo.com/quote/EXAS?p=EXAS&.tsrc=fin-srch
Source 8: https://finance.yahoo.com/news/mainz-biomed-acquires-exclusive-rights-080100033.html
Source 9: https://www.pancan.org/press-releases/pancreatic-cancer-still-on-path-to-become-second-leading-cause-of-cancer-related-death-in-u-s-by-2020/
Source 10: https://www.mayoclinic.org/diseases-conditions/colon-cancer/in-depth/colon-cancer-screening/art-20046825
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