Important week for Lifecare in Berlin at the 16th International Conference on Advanced Technologies & Treatments for Diabetes

22 Feb 2023 08:15 CET

The upcoming days Lifecare will be productive and important for Lifecare in in
Berlin where two presentations will be held at the prestigious conference ATTD.
The company will also attend the steering committee of the FORGETDIABETES
consortium.

PRESENTATIONS AT ATTD IN BERLIN
In the next days, Lifecare will participate at the 16th International Conference
on Advanced Technologies & Treatments for Diabetes (ATTD 2023) in Berlin. The
company’s CSO, Prof. Dr. Dr. Andreas Pfützner, is invited to give two
presentations at the conference.

CSO Prof. Pfützner will give a presentation about the successful miniaturization
of Lifecare’s proprietary osmotic-pressure based glucose sensor for continuous
intra peritoneal and subcutaneous glucose monitoring by means of nanotechnology.
Lifecare's CSO will also explain how this technology has been developed with
successful results without compromising sensitivity or functionality.

In addition to the presentation about the Sencell, Prof. Dr. Dr. Pfützner will
present Lifecare's "Dynamic CGM interference testing method" as an E-poster.

FORGETDIABETES STEERING COMMITTEE
Lifecare is part of the prestigious EU funded research project FORGETDIABETES,
where the company in cooperation with German, Italian and French academic
institutions aim to develop an implantable artificial pancreas. Today, Lifecare
is attending the project steering committee for discussions of progress and to
coordinate the upcoming preclinical tests of the prototype artificial pancreas.


Lifecares primary tasks in the project is to develop the sensing element – an
“implantable intra peritoneal sensor”, as well as an in-vitro test system for
dynamic interference testing of glucose sensors, through Lifecares wholly owned
subsidiary Lifecare Laboratory. In 2020 the European Commission granted the
project funding of 3,9 million EUR under the Horizon 2020 program.

Last autumn EU’s Innovation Radar analyzed four key inventions in the project
and concluded that two Lifecare-innovations are considered as key-inventions
– the implantable intra peritoneal sensor and the in-vitro test system for
dynamic interference testing of glucose sensors – is considered as “MARKET
READY”.

Furthermore, based on signals from the Innovation Radar analyze, Lifecare’s
inventions has been categorized in terms of disruptive potential based on the
novel indicator system “Market Creation Potential Indicator” (MCPI) developed by
the European Commission’s Joint Research Centre.
Lifecares inventions have been categorized with a “HIGH” market potential, the
second highest category placing both Lifecare inventions among the top 14 % of
all EU-funded innovations.


Further information Joacim Holter, CEO, Lifecare AS, joacim.holter@lifecare.no,
+47 40 05 90 40

This stock exchange announcement was published by Joacim Holter, CEO at Lifecare
AS, on 22.2.23 at 08:15 CET.

This is Lifecare:
Lifecare is a Bergen-based technology company developing a miniaturized
implantable long-term sensor for correct and continuous monitoring of blood
sugar in people with diabetes. The Company's patented technology also has the
potential for use in various biomarkers. Lifecare AS is listed on Euronext
Growth (LIFE).

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