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Press Releases and News

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VibroSense gains new momentum after the completion of the new share issue and increases investment in existing markets. At the same time, the company plans to gear up with more activities to reach out to new countries and thereby accelerate the company's sales.

VibroSense will mainly focus the use of the issue proceeds in the areas of sales and marketing, which is completely in line with what was communicated before the recently concluded new share issue.

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VibroSense Dynamics AB (VibroSense) has got a patent approval in China. The patent describes a principle for measuring skin temperature wirelessly before and during an examination, which ensures measurement quality.

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VibroSense Chinese distributor UMCARE, announces that it has received a so-called "Notice of Acceptance" from the Chinese authority NMPA, regarding the company's application for regulatory approval in China for VibroSense Meter ® II and Diabetic Foot Screening.

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The Diabetes Clinic at Steno Diabetes Center Odense, Denmark, has begun an evaluation of the VibroSense Meter® II with Diabetic Foot Screening as part of testing a new process to optimize patient flow.

Steno Diabetes Center, Odense has started a project to optimize patient flow as part of implementing a "One Stop Shop" concept, with the aim of minimizing the number of hospital visits for regular health checks of people living with diabetes.

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The Diabetes Clinic, Skåne University Hospital in Lund has decided to introduce Diabetic Foot Screening as standard in the clinical operations, for regular control of nerve damage in the feet of people living with diabetes.

The diabetes clinic at Skåne University Hospital in Lund uses the VibroSense Meter® II and introduces the Diabetic Foot Screening examination as standard in its clinical operations. At the clinic, the methodology will be used in foot examinations of people living with diabetes.

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In a publication on Plos One, the results of a clinical study were reported in which the company's technology Multi Frequency Vibrometry (MFV) was compared with Nerve Conduction Studies (NCS), which is generally regarded as the Gold Standard in the diagnosis of nerve damage caused by diabetes. The publication shows that there is a strong connection between MFV and NCS.

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The company's patent application "CIPN Prediction ", to assess the risk of developing permanent nerve damage when treating cancer with chemotherapy, is published by the European Patent Office EPO on January 3, 2024. With the publication of the application, the company has a "provisional protection" for patent infringement.

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After extensive testing in China and compilation of the required documentation, VibroSense has submitted an application for regulatory approval for the Company's product VibroSense Meter® II, to the Chinese authority National Medical Products Administration (NMPA).

| Press releases

VibroSense has signed a collaboration agreement regarding research on diabetes-related nerve damage with Professor Mitra Tavalkoli at the University of Exeter, Center of Excellence for Diabetes Research in the UK.

Professor Tavakoli intends to introduce and evaluate the VibroSense Meter® II in ongoing clinical studies on people with diabetes. The aim is to investigate whether the VibroSense instrument can be a tool for early and reliable detection of nerve damage caused by diabetes (Diabetic Peripheral Neuropathy).

| Press releases
VibroSense Meter® II is now registered in Great Britain, which opens up a new market for the company's product. The VibroSense Meter® II facilitates reliable detection and diagnosis of peripheral nerve damage in hands and feet caused by, for example, diabetes, chemotherapy and hand-held vibrating tools.
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Diabetic Foot Screening is introduced at the Insurance Clinic at Sophiahemmet as standard procedure in the clinical operations, for regular control of nerve damage in the feet of people living with diabetes. They are the first private healthcare provider in Sweden to use the method.

| Press releases

The Diabetes Clinic Herz und Diabetescentrum Nordrhein-Westfalen (HDZ NRW) has purchased VibroSense Meter® II and Diabetic Foot Screening after completed evaluation.

The clinic has been evaluating VibroSense Meter® II and the application Diabetic Foot Screening with a stated goal of purchasing the instrument after the evaluation is completed, provided that the instrument meets defined requirements. The order value is 16 500 EUR including an annual recurring software license fee of 2 000 EUR.

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VibroSense Dynamics AB (VibroSense) - Several positive signs from the market as the Company continues to implement its business plan.

The business plan is continuously implemented with several actions in parallel. VibroSense has carried out various market activities and supported its customers as well as partners in multiple research studies. VibroSense has also identified that there is a pronounced interest in Sweden among people living with diabetes, to pay themselves for a reliable foot examination outside the public health care system.

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VibroSense Dynamics' (VibroSense) increased activities in Germany and the Nordics have been well received by the market. In Germany, VibroSense has identified a new strategy with existing reimbursement codes that is deemed to significantly facilitate the company's expansion in Germany. VibroSense has received positive response from its marketing activities towards both customers and investors.
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On October 6, 2022, the annual general meeting of VibroSense Dynamics AB (publ) ("VibroSense" or the "Company") decided on an incentive program consisting of warrants of series TO2022/2025:S for board members and an incentive program consisting of warrants of series TO2022/2025:N to employees in the Company. The subscription period for participation in the respective incentive program has now ended and the warrants have been assigned. Board members and employees subscribed a total of 130,000 warrants at the subscription price of SEK 1.03 per warrant, of which 75,000 warrants were subscribed by board members and 55,000 warrants were subscribed by employees.
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A clinical study in oncology has shown that cannabis oil provides a significant reduction in nerve damage during the initial part of the treatment. The study was carried out at the Department of Clinical Oncology at Zealand's University Hospital in Roskilde, where the VibroSense Meter® II was used to investigate how the vibration sensibility is affected throughout the treatment.
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The Clinic for Neurophysiology at Oulu University Hospital in Finland purchases the VibroSense Meter ® II instrument. The order includes a full license with access to all hand and foot examinations and has a total value of approximately SEK 420,000 including annual license revenue.
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The diabetes clinic at the university hospital Klinikum Stuttgart evaluates the VibroSense Meter®II, starting on October 11, 2022. A Research collaboration between the clinic and VibroSense Dynamics focusing on nerve damage in the feet caused by diabetes is also discussed.
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The first two VibroSense Meter® II instruments have now been delivered to China and received by VibroSense's new Chinese partner UMCARE. The instruments with its application "Diabetic Foot Screening" are part of UMCARE's effort to improve the care of the diabetic foot in China.
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The diabetes clinic “Herz- und Diabeteszentrum Nordrhein-Westfalen” (HDZ NRW) evaluates the instrument VibroSense Meter ® II with a planned start on September 22, 2022.

The diabetes clinic at HDZ NRW is a top-ranked clinic at the university hospital in Bochum in Germany. For the past two years (2020 and 2022), the clinic has received the highly regarded award "5-Sterne-Auszeichnung" awarded by the institute "Bundesverband Klinischer Diabetes- Einrichtungen ” (BKvD).