Nemaura is planning to submit a PMA application for sugarBEAT® during the second quarter of 2020 for FDA review of this device under medical device regulations. Nemaura Medical Announces Interview with CEO to Air on May 11Several studies are planned over the course of this year designed to demonstrate the effectiveness of intermittent use (several non-consecutive days per week or month) of sugarBEAT® to better manage glucose levels by increasing Time-In-Range. These numbers exclude the prediabetes population which is estimated at nearly three times as large as the diabetes population.Cautionary Statement Regarding Forward-Looking Statements: David is also an accredited “Certified Licensing Professional”.Professor Khan has over 35 years’ experience of drug discovery, pharmaceutical development, registration and managing pharmaceutical scientists. He is currently practicing as an Eye Surgeon in the UK National Health Service (NHS), and is the clinical lead for a retinopathy screening programme for over 20,000 diabetics in the Ashton, Wigan and Leigh region. Most recently, Mr. Avery served as Senior Vice President of Business Development at Dallas Burston Ethitronix (DBE), where he was heavily involved in establishing and overseeing the Collaboration Agreement with Nemaura to commercialize SugarBEAT® in Europe.
Chief Executive Officer Dr. Chowdhury has served as CEO and chair of the board of Nemaura Medical Inc., since 2013. Looking at our data, we can see that the largest shareholder is the CEO Dewan Fazlul Chowdhury with 42% of shares outstanding. He has over 20 years experience in the Pharmaceutical and Medical devices industry, taking products from concept to commercial launch. The user study compares sugarBEAT® directly against a highly successful major incumbent CGM sensor with the goal of positioning sugarBEAT® as a non-invasive, daily/flexible, cost-effective alternative to traditional, expensive invasive CGM.Cautionary Statement Regarding Forward-Looking Statements: Schaebsdau has over 15 years of executive level experience in the CGM, Blood Glucose Monitoring (BGM) and insulin delivery industries, which started in 2004 during his tenure with Abbott Diabetes Care, where he was a member of the M&A and post-merger integration teams responsible for the acquisition of TheraSense and its FreeStyle Navigator CGM. LOUGHBOROUGH, England--(BUSINESS WIRE)--Nemaura Medical, Inc.(NASDAQ: NMRD) (“Nemaura” or the “Company”), a medical technology company focused on … sugarBEAT®, a CE mark approved Class IIb medical device, is a non-invasive and flexible continuous glucose monitor (CGM) providing actionable insights derived from real time glucose measurements and daily glucose trend data, which may help people with diabetes and pre-diabetes to better manage, reverse and prevent the onset of diabetes.
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