AwesomeStocks Hello! New Alert: Mainz Biomed B.V. (NASDAQ: MYNZ) Today, we would like to bring to your attention a previous winner and a new breakout opportunity. We first alerted MYNZ in October after which it rallied + 38% to a high of 9.61 in November. We again brought MYNZ to your attention in late February after which it rallied +7%. Since our last update, MYNZ has consolidated those gains and now could be presenting another breakout opportunity. Furthermore, MYNZ announced multiple developments recently... Including yesterdayâs big breaking news. As a reminder, MYNZ is a Nasdaq company that recently had its IPO in 2021. MYNZ is aiming to become a âleading provider of easy-to-use diagnostic solutions for patients everywhereâ. MYNZ develops âmarket-ready molecular genetic diagnostic solutions for life-threatening conditionsâ. Technology is making early disease detection & diagnosis easier and more available to consumers. This is becoming more important with a growing elderly population. Currently, there are â112 million Americans aged 50+, a total that is expected to increase to 157 million within 10 yearsâ. According to the Mayo Clinic, âa majority of people with colon cancer are older than 50â. Colorectal cancer is the âsecond most lethal cancer in the U.S. and Europe, but also the most preventable with early detection providing survival rates above 90%â. âThe American Cancer Society estimated that in 2021 there were approximately 149,500 new cases of colon and rectal cancer in the US, with 52,980 resulting in death.â The companyâs âflagship product is ColoAlert, an accurate, non-invasive and easy-to-use, early-detection diagnostic testâ for colorectal cancer. Importantly, âColoAlert detects colorectal cancer (CRC) via a simple-to-administer test with a sensitivity and specificity nearly as high as the invasive colonoscopyâ. The test âutilizes proprietary methods to analyze cell DNA for specific tumor markers combined with the fecal immunochemical test (FIT)â. Not only that, but also, it is âdesigned to detect tumor DNA and CRC cases in their earliest stagesâ. This is an important distinction because âmany people with colon cancer experience no symptoms in the early stages of the diseaseâ. ColoAlert is âcurrently marketed across Europe and in select international territoriesâ. In addition, MYNZ is currently running a âpivotal FDA clinical study for U.S. regulatory approvalâ. The companyâs âproduct candidate portfolio also includes PancAlert, an early-stage pancreatic cancer screening test based on real-time PCR multiplex detection of molecular-genetic biomarkers in stool samplesâ. MYNZ has announced multiple accomplishments over the past few months. In January, the company announced: âMainz Biomed Launches Corporate Health Program in Germany for ColoAlertâ - âAs a start, ColoAlert has been integrated into BGM (âbetriebliches Gesundheitsmanagementâ), a corporate health network providing services to employees at forty-eight of the fifty largest companies in Germany1.â In February, the company announced: âMainz Biomed Expands European Commercial Footprint and Enters Markets in Spain and UKâ - âThe addressable market in Spain is estimated at 26 million patients and at 9 million patients in the greater London region.â In addition, the company also announced: âMainz Biomed Acquires Entire Intellectual Property Portfolio for its Colorectal Cancer Diagnostic Test Programâ Here are the companyâs comments from this press release: ââThis is an important value generation milestone for us as we continue executing our commercial strategy and product development plan to ultimately bring to market the gold-standard CRC self-administered diagnostic test,â commented Guido Baechler, Chief Executive Officer of Mainz Biomed. âSecuring complete IP ownership is integral to our growth strategy as it streamlines administration, reduces per-test expenses, and provides us the opportunity to ramp-up corporate development activities,â added Baechler.â Since our last alert, MYNZ has announced several important developments. On March 8, the company announced: âMainz Biomed Launches Number of Educational Events in Germany to Raise Awareness for CRC Screening and Early Detectionâ Here are the highlights from this press release: - âSponsor of Gastro Update 2023, 2-day scientific and training events for gastroenterology professionalsâ
- âPatient Education Day in the City of Mainz, Germany, where the Company is headquarteredâ
- âGermany-based molecular diagnostic specialist to support local colorectal cancer communitiesâ On March 15, the company announced: âMainz Biomed Announces Partnership with Labor Staber to Expand ColoAlert Commercialization in Germanyâ - âLabor Staber to actively market and sell ColoAlert to its physician and patient network.â In addition, yesterday, the company announced potentially very big news: âMainz Biomed Reports Positive Results from Feasibility Study Evaluating its Portfolio of Novel mRNA Biomarkers for Early Detection of Advanced Colorectal Adenomasâ Here are the highlights from this press release: - âMainz Biomedâs proprietary nucleic acid extraction and PCR process proved to be highly effectiveâ
- âTwo mRNA biomarkers found to be particularly valuable in detecting disease signals in advanced adenoma samplesâ
- âeAArly DETECT clinical trial evaluating these biomarkers with fresh samples reporting results mid-year 2023â
- âResults of eAArly DETECT will inform possible inclusion in U.S. Pivotal Clinical Trial (ReconAAsense) assessing Companyâs CRC detection testâ
- âReconAAsense represents an opportunity to achieve gold standard status for self-administered colorectal cancer (CRC) screeningâ MYNZ has multiple catalysts in its favor to experience increased growth potential. Make sure to do your own due diligence. Sources: [Mayo]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [PR8]( [PR9]( [PR10]( [PR11]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the âPublisherâ). 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