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Hot Topic Scrutiny Week
Hot Topic Scrutiny Week
Investment
3 mins to read

TruScreen flags it needs to raise capital again, shortly

Cervical cancer screening technology company's board warns if it doesn't raise money by next September, it may not survive.

TruScreen chair Anthony Ho.

NBR Staff Fri, 29 Nov 2024
Key points
  • Revenue: Up 5% to $1m
  • Profit: Improved 16.4% to $1.36m
  • Main takeaway: China and Vietnam key first steps for dual-listed company, but it is running short of capital to achieve goals. 

Kiwi cervical cancer screening device company TruScreen says it is at a "turning point" in the commercialisation of its technology, as it contemplates burgeoning sales avenues in China and Vietnam – but it needs capital urgently to achieve these goals. 

The NZX and ASX-listed company this morning

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NBR Staff Fri, 29 Nov 2024
Contact the Writer: editor@nbr.co.nz
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Key points
  • Revenue: Up 5% to $1m
  • Profit: Improved 16.4% to $1.36m
  • Main takeaway: China and Vietnam key first steps for dual-listed company, but it is running short of capital to achieve goals. 
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TruScreen flags it needs to raise capital again, shortly
Investment,
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