NEWS: MEDITE Cancer Diagnostics, Inc. (OTC:MDIT / OTCMKTS:MDIT), specializing in the development, manufacturing, and marketing of molecular biomarkers and premium medical devices for detection, risk assessment and diagnosis of cancer and precancerous conditions announces today that CEO, Michaela Ott and CFO, Robert McCullough will present at the SeeThruEquity First Annual Microcap Healthcare Investor Conference on Monday, January 11, 2016, at the Fairmont San Francisco in San Francisco, Calif.
MEDITE, a USA based company now public through the merger with CytoCore Inc. has emerged as a German manufacturer focused on global sales of cancer diagnostic tools consisting of anatomic pathology, histology and cytology laboratory equipment and supplies. Recent agreements with U.S. distribution partners, Hospital Group Purchasing Organizations along with our Chinese partner UNIC Medical will allow the company to focus growth from historically based European sales to entry into the U.S., Latin America and a burgeoning and untapped Chinese market.
UNIC Medical selling MEDITE’s equipment, which is already Chinese FDA registered, and cytology assays and stains is involved with the Chinese government in establishing first time country pathology standards for digitalized computer aided diagnosis of cancer in China, a country of 1.4 billion people with a lack of sufficient number of pathologists. As the company expands consumable cytology sales for cervical and breast cancer worldwide, current profitability should significantly expand as margins increase in the near future.
SeeThruEquity is an equity research and corporate access firm focused on companies with less than $1 billion in market capitalization. SeeThruEquity has initiated coverage on numerous NYSE, NASDAQ, TSX, and OTC companies in a variety of industries including technology, health care, consumer, energy and special situations.
About MEDITE Cancer Diagnostics, Inc.:
MEDITE Cancer Diagnostics, Inc. is a Delaware registered company consisting of wholly-owned MEDITE GmbH a Germany-based company with its subsidiaries. On April 3, 2014, MEDITE was acquired by former CytoCore, Inc. a biomolecular diagnostics company engaged in the design, development, and commercialization of cost-effective cancer screening systems and Biomarkers to assist in the early detection of cancer. By acquiring MEDITE the company changed from solely research operations to an operating company with a well-developed infrastructure, 71 employees in four countries, a distribution network to about 70 countries worldwide, a well-known and established brand name and a wide range of products for anatomic pathology, histology and cytology laboratories.
For more information please visit: http://www.medite-group.com/.
Robert McCullough, Jr. CFO
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