Corporate News
Concepta announces myLotus® pregnancies in double figures
09 July 2019
Concepta PLC (AIM: CPT), the innovative UK personalised healthcare
company and developer of the proprietary self-test platform ("myLotus®")
and suite of emerging test products targeting the mobile health market
with a primary focus on women's fertility and hormone health announces
today its myLotus® user pregnancies have now moved into double
figures. The first myLotus® 'live births' are expected later this
year. User testimonials for the myLotus® monitor and app remain
exceptional with many users providing personal video feedback and
testimonials on their menstrual cycle hormone changes and profiles
('signatures') to enable other women to better understand their
fertility journey (www.mylotus.com)
myLotus® the revolutionary home based, self-test product was
launched in the UK in November 2018 with the first wave of users being
women who had historically struggled to fall pregnant (some after many
years of 'trying to conceive') after using traditional less responsive
fertility tests. myLotus® provides a technically advanced quantitative
test applicable to 100% of women.
The myLotus® device empowers women to self-test their personalised
hormone levels and identify their optimal fertile days thereby improving
their chances of a natural pregnancy. myLotus® enables women to
monitor their fertile phase as part of their menstrual cycle and is the
only home test to 'quantitatively' measure hormone levels and the
'rate-of-change' of these levels preceding ovulation thereby providing
greater accuracy and timing of intercourse to deliver a natural
conception. Users measure, record and accurately track their hormone
levels and follow their fertility journey in an accompanying free
downloadable app available in iOS and Android formats via
the www.mylotus.com website.
In March the Company announced its first supply agreement with Boots UK
(part of Walgreens Boots Alliance) where sales continue to build. The
Company anticipates further B2B announcements over the coming months.
myLotus® is available to women who are planning to start a family or
for those who have previously struggled to naturally conceive, enabling
couples a cost effective and technically leading alternative prior to
considering more costly IVF treatment. The Company expects to release
further hormone health and wellbeing tests to complement its fertility
offering later this year.
Matthew Walls, Chairman said: "We are extremely proud and delighted to announce the growing number of pregnancies and look forward to our first myLotus® 'live births' later this year. Whilst our marketing and brand profile are nascent our early pregnancy statistics are impressive. Following the recent myLotus® launch our first wave of users are women who have struggled to conceive naturally, some after trying for many years. These women and their testimonials are now providing real world evidence of the value of the myLotus® technology as a breakthrough in helping women increase their chances of a natural pregnancy. We understand the difficulties and emotions involved in trying to conceive and look forward to supporting all our users on their pregnancy journey. This note provides a short update to advise on our strengthening Company developments."
Enquiries
Company: www.conceptaplc.com, Product: www.mylotus.com
Matthew Walls, Chairman
Tel: +44 (0) 1234 866601
SPARK Advisory Partners Limited (Nomad)
Neil Baldwin
Tel: +44 (0)20 368 3550
Novum Securities
Colin Rowbury
+44 (0) 20 7399 9400
About Concepta PLC:
Concepta Plc is an AIM-quoted pioneering UK healthcare company that has
developed a proprietary product, myLotus®, targeting the personalised
mobile health market with a primary focus on hormone testing and
increasing a woman's chances of a natural pregnancy and to provide
insight to unexplained infertility.
myLotus® is currently the only consumer product which allows both
quantitative and qualitative home (self-test) test measurement of a
woman's personal luteinizing hormone (LH) during ovulation and human
chorionic gonadotropin (hCG) hormone level during pregnancy,
facilitating higher conception rates and early diagnosis of fertility
issues. The proposition of myLotus® is to empower women to better
understand their hormone levels and menstrual cycle and help women
conceive naturally by identifying their window of fertility and optimal
time for conception.
The Company has received CE-mark certification for myLotus® and
recently launched its first product in the UK. The Company is preparing
plans to roll-out across the core EU countries in 2019.
myLotus® is expected to be beneficial to users who have been unable to naturally conceive after some months of trying. This highly motivated target group of women won't typically be offered medical intervention until after 12 months of unsuccessfully trying to conceive, with IVF not usually offered until after two years of trying to conceive. Research indicates couples start to take positive action ahead of this time typically with little medical support to help them do so.