Loughborough, England, Dec. 17, 2019 (GLOBE NEWSWIRE) — Nemaura Medical, Inc. (NASDAQ:NMRD) (“Nemaura”), a medical technology company commercializing sugarBEAT®, a non-invasive and flexible continuous glucose monitor (CGM), together with BEAT®diabetes, a health subscription service designed to help people with diabetes and prediabetes through personalized lifestyle coaching, today announced a partnership with the award-winning UK-based company Changing Health to bring digital behavior programs to improve the management, reversal and prevention of Type 2 diabetes in multiple territories commencing with the United Kingdom and Ireland. Changing Health is a provider of digital coaching services to the National Health Service England aimed at the prevention or reversal of Type 2 diabetes.
The partnership will utilize CGM data and daily glucose trend data provided by Nemaura’s non-invasive sugarBEAT® CGM, combined with Changing Health’s evidence based digital health coaching solution, which has been the subject of multiple peer reviewed journal articles demonstrating proven outcomes in the reduction of HbA1c and weight loss.The collaboration with Changing Health is one of a number of initiatives Nemaura is embarking upon, as it seeks to improve how people with diabetes and prediabetes can manage, reverse and prevent Type 2 diabetes through its BEAT®diabetes health subscription service coupled with its non-invasive sugarBEAT® CGM across the digital health, wearable health-tech and diabetes sectors.Dr. Faz Chowdhury, CEO of Nemaura, commented: “We are delighted to enter into this collaboration with Changing Health, a leading global force in behavioral change programs. This collaboration is part of our continued commitment to add further services to our BEAT®diabetes program aimed at improving management of diabetes and reversing or preventing Type 2 diabetes.”Professor Mike Trenell, Founder & Chairman at Changing Health, said: “This is an exciting collaboration, which we believe will become a disruptive force in the world of med-tech. Empowering people with Type 2 diabetes with a real-time view of how they’re managing their condition each day is the best motivator there can be, and we’re looking forward to working with Nemaura to create positive behavioral change at scale.”About Nemaura Medical, Inc.:Nemaura Medical, Inc. (NMRD), is a medical technology company commercializing BEAT®diabetes, a health subscription service designed to help people with diabetes and prediabetes better manage diabetes, and reverse type 2 diabetes or prevent diabetes through 1-on-1 lifestyle coaching and behavior driven by real time continuous glucose monitoring (CGM) and daily glucose trend data provided by sugarBEAT®, a non-invasive and flexible CGM.For more information visit: www.NemauraMedical.com.About Changing HealthChanging Health provides award-winning programmes and technology to create behavior change at scale. Our current programs for weight management, Type 2 diabetes management and Type 2 diabetes prevention combine one-on-one health coaching, rooted in behavioral psychology, with digital education tailored to the user’s own needs. This approach enables healthcare organizations around the world to deliver highly personalized support and improve outcomes at scale, making the most of scarce time and resources.Changing Health is also partnering with NHS England to deliver the roll out of digital NHS support for up to 600,000 people with Type 2 diabetes, and is one of the five digital providers on the NHS Healthier You Diabetes Prevention Programme (DPP).Cautionary Statement Regarding Forward-Looking Statements:The statements in this press release that are not historical facts, and may constitute forward-looking statements that are based on current expectations and are subject to risks and uncertainties that could cause actual future results to differ materially from those expressed or implied by such statements. Those risks and uncertainties include, but are not limited to, risks related to regulatory approvals and the success of Nemaura’s ongoing studies, including the safety and efficacy of Nemaura’s sugarBEAT® system, the failure of future development and preliminary marketing efforts, Nemaura’s ability to secure additional commercial partnering arrangements, risks and uncertainties relating to Nemaura and its partners’ ability to develop, market and sell sugarBEAT®, the availability of substantial additional equity or debt capital to support its research, development and product commercialization activities, and the success of its research, development, regulatory approval, marketing and distribution plans and strategies, including those plans and strategies related to sugarBEAT®. These and other risks and uncertainties are identified and described in more detail in Nemaura’s filings with the United States Securities and Exchange Commission, including, without limitation, its Annual Report on Form 10-K for the most recently completed fiscal year, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K. Nemaura undertakes no obligation to publicly update or revise any forward-looking statements.Contact:
Crescendo Communications, LLC
212-671-1021
NMRD@crescendo-ir.com
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