Mainz Biomed expands European commercial footprint

Mainz Biomed NV, a molecular genetics diagnostic company specializing in the early detection of cancer, announced today the establishment of commercial partnerships for ColoAlert with Marylebone Laboratory (Marylebone Lab LTD) and Instituto de Microecologia, two leading independent laboratories covering England and Spain. ColoAlert, Mainz Biomed’s flagship product, a highly efficacious and easy-to-use, at-home detection test for colorectal cancer (CRC), is currently being commercialized across Europe and in select international markets via a differentiated business model of partnering with third-party laboratories for test kit processing versus the traditional methodology of operating a single facility.

“It’s a pleasure to welcome Marylebone Lab and Instituto de Microecologia to our network of laboratory partners,” commented Darin Leigh, Chief Commercial Officer of Mainz Biomed. “As we execute our commercial strategy, we are steadfast in aligning with laboratories who share our passion for bringing to market premier diagnostic tests that have the potential to dramatically impact the treatment and prevention of deadly diseases such as CRC, which remains the second most lethal cancer in Europe, and for which early detection plays a critical role in patient survival.”

The addressable market in Spain is estimated at 26 million patients and at 9 million patients in the greater London region. Mainz Biomed is providing ColoAlert to Marylebone and Instituto de Microecologia under the standard terms of the Company’s partnership agreements. In the coming weeks, Mainz Biomed will work with both partners to complete the necessary technical and co-marketing activities to ensure a successful commercial launch in these markets.
MB Bureau