Wednesday, February 12, 2014

Eternity Healthcare, Inc. (ETAH): First Company to Focus on Developing Alternative Saliva-Based Glucose Monitoring Test for Diabetes

Medical device and diagnostic company Eternity Healthcare announced it is developing a noninvasive sugar monitoring device for diabetics that uses saliva instead of blood. The technology employs an ultra-sensitive sugar monitor and an added sensor for salivary amylase enzyme activity.

Eternity Healthcare is the first company to focus on developing an alternative saliva-based glucose monitoring test. The device will utilize two parameters of diabetes physiological changes to provide diabetics with blood sugar level results that are more accurate. It is anticipated that the test will reduce patients’ reliance on the current method of finger pricking and blood collection.

The major providers of glucose monitoring devices are big pharmaceutical companies such as Abbott Diabetic Care, Inc.; Bayer Healthcare; AG LifeScan, Inc.; Roche Diagnostics Corp.; Medtronic, Inc.; DexCom, Inc. and others. More than 10 million glucose monitor devices and several hundred-million test strips are sold each year, according the Centers for Disease Control. Worldwide, the market for blood glucose monitoring devices was $8.9 billion in 2010, and that market is expected to grow to $16 billion this year.

A biopharmaceutical company, Eternity Healthcare has technologies in diagnostics and medical devices. The company is currently focused on products that target diabetic needs, including a needle-free injection device. The company’s products are sold to healthcare professionals, pharmacies, and directly to consumers. Eternity Healthcare currently has numerous additional diagnostic tests and medical devices in development for metabolic, cardiovascular, and neurodegenerative diseases and cancer.

For more information, visit www.eternityhealthcare.com

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