Medicortex International (MEDFIN) Company presentation summary
Event summary combining transcript, slides, and related documents.
Company presentation summary
19 Oct, 2026TBI diagnostic need
TBI affects 69M people worldwide annually; ~90% of injuries are mild, and Europe records 2.5M cases yearly.
Mild TBI criteria include <30 minutes unconsciousness, Glasgow Coma Score 13–15 and <24 hours of post-traumatic amnesia.
Neurological exams depend on patient responses; CT and MRI can miss mild injury, while blood protein tests typically require hospital and laboratory settings and are invasive.
ProbTBI product
ProbTBI is in development as a rapid, non-invasive point-of-injury test using urine or saliva, with a bedside or sideline result in minutes and a simple positive/negative readout.
Proprietary glycan biomarkers are released into body fluids after brain cell damage; biomarkers were identified in TBI patients across three studies.
The urine-based handheld lateral-flow prototype is designed to detect TBI-associated glycan biomarkers; development received U.S. Department of Defense support.
A saliva-based test using the same biomarker platform is in development, with self-testing as a potential application; it also received U.S. Department of Defense support.
The planned test emphasizes speed, portability, ease of use, patient friendliness, affordability and no radiation or contrast-agent exposure; ProbTBI is trademarked and the portfolio includes 7 patents.
Development and market opportunity
Timeline targets prototype optimization and assembly, multicenter clinical validation and regulatory activity in 2027–2028, then manufacturing and commercialization in 2029; milestones are subject to financing.
Near-patient testing without self-testing falls under Class B of the IVD Regulation 2017/746; funding and manufacturing and distribution partnerships are identified as requirements.
The global TBI biomarkers market is projected to reach $4.7B by 2033, with an 18.8% CAGR for 2025–2033; cited growth drivers include aging populations, road use, active lifestyles and improved detection.
Target channels include emergency care, hospitals, paramedics, schools, nursing facilities, military and defense, insurers, pharmaceutical firms, sports organizations, pharmacies and e-commerce.
The presentation positions ProbTBI around ease of use and non-invasiveness against blood- and saliva-based alternatives; the exit strategy targets Roche, Abbott, Danaher and Siemens through partnerships or M&A after multicenter trials or regulatory approval.
Latest events from Medicortex International
- Q2 marked a reverse acquisition, rebranding, and a one-time gain, with core operations in transition.MEDFIN
Q2 2026 - Group sales fell 19% as strategic restructuring and medtech transformation advanced.MEDFIN
Q1 2026 - 2025 saw declining revenue and losses amid a strategic shift to medtech via the Medicortex merger.MEDFIN
Q4 2025 - Positive Q3 results and a transformative medtech acquisition mark a pivotal quarter.MEDFIN
Q3 2025 - Cost reductions and divestments improved results amid ongoing strategic transformation.MEDFIN
Q2 2025 - Sharp revenue decline and major restructuring, including a reverse acquisition and share issue.MEDFIN
Q3 2024 - Sharp revenue drop offset by improved equity and new capital; cost cuts and divestments ongoing.MEDFIN
Q2 2024 - Operating losses narrowed and cost base improved as NOSIUM targets new structural deals.MEDFIN
Q1 2025 - Sharp revenue drop and asset write-downs, but improved equity and cost control.MEDFIN
Q4 2024