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MedMira Receives Investigational Testing Authorizations for Multiplo® TP/HIV Self-Test and Non-Professional Use Applications

Halifax, Nova Scotia, 21st of January, 2025 – MedMira Inc. (MedMira) (TSXV: MIR) announced today that it has received Investigational Testing Authorizations (ITAs) from Health Canada to begin clinical trials for new label claim applications of its recently Health Canada approved Multiplo® TP/HIV rapid test. These applications include use as a self-test and for non-professional administration, expanding access to testing for syphilis and HIV in Canada.

More testing options are urgently needed amid soaring cases of syphilis and HIV in Canada, particularly in the Prairies. The upcoming trials for MedMira’s self and non-profession test will be led by REACH Nexus at the MAP Centre for Urban Health Solutions  at St. Michael’s Hospital (Unity Health Toronto) with funding from the Canadian Institutes of Health Research (CIHR).

The ITA approval is an important step towards getting the Multiplo® TP/HIV rapid self-test and non-professional testslicensed and into the Canadian market. One version would enable a person to self-administer a test for syphilis/HIV in their own home or in a place that suits them and will allow people to safely discover their status in minutes. MedMira’s non-professional device allows for a peer or non-professional healthcare worker to administer the test providing yet another option for people who experience barriers to accessing healthcare.

These easy-to-use, accurate tests detect both HIV-1/2 and syphilis antibodies using one blood sample from a single finger prick that delivers results immediately. If positive, the person can then have their results confirmed by a lab-based test and get connected to treatment.

“These ITAs are significant steps toward making the Multiplo® TP/HIV rapid test available for self-testing and non-professional use in Canada,” said Hermes Chan, CEO of MedMira. “With these applications, individuals can safely and quickly determine their status in a setting that works best for them, whether at home or in community-based environments, helping to remove barriers to care and address rising infection rates.”

The approved Multiplo® TP/HIV rapid test is easy to use, providing immediate results from a single finger-prick blood sample. It detects both syphilis and HIV antibodies, and if positive, individuals can confirm their results through lab-based testing and connect to treatment.

The latest data from the Public Health Agency of Canada shows that new HIV diagnoses have risen more than 35 per cent from 2022 to 2023, with rates in Manitoba rising by more than 40 per cent. In Saskatchewan, the rate of HIV was 19.4 per 100,000 people, more than three times the national rate.

Infectious and congenital syphilis rates have also seen a significant rise in recent years. In 2022, there were 13,953 reported syphilis cases, with rates increasing by 109 per cent compared to 2018. Congenital syphilis occurs when a mother has untreated or inadequately treated syphilis before giving birth, and can lead to stillbirths in some cases. Congenital syphilis cases have seen a 7 per cent increase from 2021 and a nearly 600 per cent increase from 2018, with 15 stillbirth deaths in 2022, according to the latest data.

Amid these soaring cases, particularly in underserved and remote communities in the Prairies, the Multiplo® TP/HIV rapid self-test and non-professional tests provides a “missing key” to help reach the undiagnosed living with HIV and/or syphilis.

“HIV self-testing can help open the door to reach the more than 8,000 people in Canada who have HIV and don’t know it,” said Dr. Sean B. Rourke, the director of REACH Nexus and a scientist at the MAP Centre for Urban Health Solutions. “We still don’t have exact numbers of how many people have current infectious syphilis that is still undiagnosed, but we know the numbers are very high, and need immediate interventions”.

“Many people from vulnerable communities do not come forward for testing because of stigma or negative experiences with traditional healthcare systems. Having more accessible tests, like MedMira’s, create low barrier options for people to get tested so they know their status, and to start getting connecting to treatment and care.”

With funding from the Canadian Institutes of Health Research (CIHR), Dr. Rourke and his team at REACH Nexus are launching its “test, treat, and connect” community-based clinical trials that will involve roughly 1,700 participants in Ontario, Manitoba, and British Columbia.

REACH will work closely with researchers, doctors, registered nurses and healthcare partners, and peers at organizations like Women’s Health In Women’s Hands in Toronto, Nine Circles Community Health Centre in Winnipeg, and The Victoria Cool Aid Society in B.C.

About REACH Nexus at St. Michael’s Hospital’s MAP Centre for Urban Health Solutions
REACH Nexus is an ambitious national research group working on how to address HIV, Hepatitis C, and other sexually transmitted and blood-borne infections (STBBIs) in Canada. Their focus is on reaching the undiagnosed, implementing and scaling up new testing options, strengthening connections to care, improving access to options for prevention (PrEP and PEP) and ending stigma. We work in collaboration and partnership with people living with HIV, community-based organizations, front-line service providers, healthcare providers and decision makers, public health agencies, researchers, business leaders, industry partners, and federal, provincial and regional policymakers. Follow Reach Nexus on X, LinkedIn and Facebook.

About MedMira
MedMira is a leading developer and manufacturer of Rapid Vertical Flow diagnostics. The Company’s tests providehospitals, labs, clinics, and individuals with instant disease diagnosis, such as HIV, Syphilis, Hepatitis, and SARS-CoV-2, in just three easy steps. The Company’s tests are sold globally under the REVEAL®, REVEALCOVID-19®, Multiplo® and Miriad® brands. Based on its patented Rapid Vertical Flow Technology, MedMira’s rapid HIV test is the only one in the world to achieve regulatory approvals in Canada, the United States, China and the European Union. MedMira’s corporate offices and manufacturing facilities are located in Halifax, Nova Scotia, Canada. For more information visit medmira.com. Follow us on LinkedIn, X and Youtube.

This news release contains forward‐looking statements, which involve risk and uncertainties and reflect the Company’s current expectation regarding future events, including statements regarding possible regulatory approval, product launch, future growth, and new business opportunities. Actual events could materially differ from those projected herein and depend on a number of factors including, but not limited to, changing market conditions, successful and timely completion of clinical studies, uncertainties related to the regulatory approval process, establishment of corporate alliances and other risks detailed from time to time in the company quarterly filings.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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MedMira Inc.

Markus Meile

Chief Financial Officer

ir@medmira.com

Phone 902-450-1588

reach-nexus
REACH Nexus

Andrew Russell

Senior Communications Specialist

MAP Centre for Urban Health Solutions

andrew.russell@unityhealth.to

Phone 647-237-2912

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Committed to quality
Certified & Proven Quality

Our quality management system is ISO 13485:2016 certified, compliant with the United States Food and Drug Administration’s current Good Manufacturing Practices (cGMP: Quality System Regulation Part 820 of CFR Title 21, Volume 8), European Union’s Directive 98/79/EC on in vitro diagnostic medical devices, and Health Canada Medical Device Regulations (SOR/98-282).

Additionally, we adhere to ISO 14971 (Application of Risk Management to Medical Devices) and ISO 2859 (Sampling Procedures for Inspection by Attributes). Certification and compliance to these requirements attests to our ability to maintain the highest standard of quality in medical device manufacturing, product development and corporate conduct.

Our products have been approved by regulators and UN agencies worldwide.

FDA

Health Canada

International Trade Centre (ITC)

Pan American Healtch Organization (PAHO)

UN Development Programme (UNDP)

UN Office for Project Services (UNOPS)

UN Office at Vienna (UNOV)

UN Population Fund (UNFPA)

United States Agency for International Development (USAID)

CFO & Head of Commercialization

Markus Meile

Markus joined MedMira in 2010, and moved into the role of Chief Financial Officer in 2014.

He previously served on the Company’s Board of Directors, as a member of the Audit Committee, and as the Senior Director of International Markets.

Prior to joining MedMira, Markus worked with a number of financial institutions in Switzerland, England, and Hong Kong. He holds a BSc from Royal Holloway University of London and has studied business management, strategic planning, investment and accounting at business school in Zurich. Previously, Markus worked in the medical device industry in Africa, Asia Pacific, and Europe.

He will combine his financial expertise with his broad range of international business knowledge to build financial and corporate strategies supporting MedMira’s continuing growth and increasing shareholder value.

Director of the Audit Committee, Nomination and Compensation Committee

Jianhe Mao

Jianhe Mao is the owner of Unipec, a consulting firm based in St. Gallen, Switzerland. Unipec focuses on helping European companies enter the Chinese market, through operational restructuring and ownership and management optimization.

In addition to leading Unipec, Mr. Mao is involved in several industrial projects and start-up ventures including Monsatec AG, a new company bridging the gap between laboratories and clinics with a cold plasma medical device. He serves on the boards of several European companies and is regarded as a trusted expert in legal cases, corporate corruption, operational turnarounds, and mergers and acquisitions.

Mr. Mao began his career as a project engineer and has gained experience in business development and real estate investment. He holds M.E. from Ruhr University Bochum.

CEO, Co-Founder & Co-Inventor

Hermes Chan, D.Sc. (h.c.)

Hermes Chan, our Chief Executive Officer and Co-Founder, leads our passionate and committed team in driving the strategic direction and growth of MedMira.

Hermes, who was named BioScience Innovator of the Year by The Economist in 2007, is the inventor of our patented rapid flow-through diagnostic technology platform.

Since the company’s inception in 1994 Hermes has held progressively senior management roles including Research Scientist, General Manager, Senior Vice President, and Chief Operating Officer.

Prior to creating MedMira, Hermes worked with another Canadian biotechnology company in the diagnostics research sector.

Chair member of the Audit Committee, Nomination and Compensation Committee

Steven Cummings

Mr. Steven Cummings is the Founder & President of Cambridge Financial Services, one of the leading full service accounting, tax, and business advisory firms in Nova Scotia.

Under Mr. Cummings leadership, Cambridge Financial has earned an enviable reputation among businesses and industry for a commitment to high standards. Along with his leadership responsibilities at Cambridge Financial Services, Mr. Cummings was engaged as MedMira’s interim Chief Financial Officer in 2007.

With more than 30 years of financial and entrepreneurial experience, Mr. Cummings is a frequent guest speaker on issues surrounding provincial taxation, taxation of seniors, and business ownership

Intellectual property

China

ZL02819646.5

Rapid Diagnostic Device and Assay

Intellectual property

European union

EP1417489

Rapid Diagnostic Device and Assay

EP1328811

HCV Mosaic Antigen Composition (2021)

Intellectual property

USA

9,164,087

Rapid Diagnostic Device, assay and multifunctional Buffer

9,086,410

Downward or vertical flow diagnostic device and assay

8,025,850

Rapid Diagnostic Device, Assay and Multifunctional Buffer

8,287,817

Rapid Diagnostic Device, Assay and Multifunctional Buffer

8,586,375

Rapid Diagnostic Device, Assay and Multifunctional Buffer

7,531,362

Rapid Diagnostic Device, Assay and Multifunctional Buffer

D706945

Diagnostic Device

D706466

Diagnostic Device

11,353,450

Analyte Detection Using Raman Spectroscopy

Intellectual property

Canada

CA2,493,616

Rapid Diagnostic Device, Assay and Multifunctional Buffer

CA2,740,902

Downward or Vertical Flow Diagnostic Device and Assay

CA2,949,634

Analyte Detection Using Raman Spectroscopy

MiROQ Vision

Handheld Device

A future concept built on the same MIROQ technology, designed to deliver lab-grade precision in the palm of your hand.

We envision a future where testing can happen anywhere, anytime – from hospitals and clinics to remote regions or even at home – enabling early disease detection and turning knowledge into real impact. No large equipment or complex infrastructure required.

For: Doctor’s offices, small and mobile clinics

Future application: Home use

Connectivity: Bluetooth, Wifi and USB